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You have five minutes in your group to come up with a story. At the end of the five minutes everyone in your group will present the story to the class. NOW. 2011. Find your actors ( person, place, concepts) What actions are your actors doing or receiving? Who is affecting who?
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You have five minutes in your group to come up with a story. At the end of the five minutes everyone in your group will present the story to the class. NOW 2011
Find your actors ( person, place, concepts) What actions are your actors doing or receiving? Who is affecting who? Is this fact relevant to the question
private banks government Thai government Companies investors consumers Economy China
Paragraph 4 and 5. • Action doing? • auto-buyer program & tax rebates • 1.2 million vehicles sold • increased consumer credit growth Thai government • Action receiving? • flood affected economy in 2011 consumers Economy
Action doing? • sales to credit card holders • Action doing? • package deals for credit card holders Companies consumers Economy Paragraph 6
private banks government • Action doing? • 40% credit per each household • Action receiving? • told to not advertiseto consumers (pp7) • Action doing? • 30% credit • Agriculture • Housing Paragraph 4 consumers Economy
Paragraph 7 Thai government government Flood happens 2011 government programs to spend consumers spend to much government bank telling private bank to not advertise. Thai government Thai government • Bank of Thailand • Action doing? • telling commercial banks to ease up on advertising private banks consumers Economy
private banks government consumer confidence Thai government • Action doing? • slowing down (pp7) • GDP down 2.2% global economic problems Companies consumers Economy Paragraph China
private banks government Thai government Companies investors consumers Economy China
consumer spends too much (p2, p8, p9) poor consumers might not pay back the debt (p8) Chinese & global economies affecting consumer confidence (p7/p8) government banks tell private banks to ease up on advertising for personal loans. (p9) flood happens (p4/p5) gov spending programs & tax rebates (p4/p5) hotels/shopping mall credit card discounts ( p6 ) government & private bank lending programs p4) NOW 2011 What are the reasons that have resulted in the increase of household debt in Thailand.
consumer spends too much (p2, p8, p9) poor consumers might not pay back the debt (p8) Chinese & global economies affecting consumer confidence (p7/p8) government banks tell private banks to ease up on advertising for personal loans. (p9) flood happens (p4/p5) gov spending programs & tax rebates (p4/p5) hotels/shopping mall credit card discounts ( p6 ) government & private bank lending programs p4) NOW 2011 What are the risks or dangers that the economy is currently facing?