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Paul Gambles

Recognized as a regional financial expert, Paul is a regular speaker at industry events on market forecasting, financial planning, investing and legal issues for foreigners living or doing business in Asia.  Besides Paul’s blog, Paul previously distributed his ‘almost-daily’ email – “Daily Updates”, where he gave his views on timely issues affecting financial markets, macro economics, micro economics and everything in-between.

Born in South Yorkshire, England, Paul graduated from the University of Warwick with an Honours degree in English and European Studies.  He began his financial career in the early 1980s as a technical inspector at HMIT with Inland Revenue.  Following a successful career change to the Bank of Scotland in 1987, Paul moved to Bangkok in 1994 to help set-up an investment counseling practice, which today is known as MBMG International.

www.mbmg-international.com

  

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25 October 2011

Keep safe,keep dry 

The main theme of our report, Four Horsemen of The Apocalypse, back in Q2 this year was how global debt posed a far bigger threat to most people's ways of life than the natural disasters which we'd all seen writ large across our plasma screens.

This is equally too of the current crisis facing Thailand although it's often harder to fully grasp that facing down the loaded barrel of a natural disaster waiting to happen in  your own backyard. No-one knows how bad the risks are right now for Bangkokians but we do know that over 300 people have already been killed and 10 million lives affected by these floods. These include many of society's least fortunate who are least able or have the least resources to be able to defend themselves against Mother Nature's anger or to fight back against it's effects. 

This is a critical time for Thailand and for Bangkok to endure. Other than that, I can't really say very much more than the very little that I told Bloomberg at the start of last week:

http://www.bloomberg.com/video/77812136

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4:51, 17 Oct 2011

Paul Gambles, managing partner at MBMG International, talks about the impact of heavy rains and floods on Thailand's economy and financial markets. Thailand's capital Bangkok...