641,491 views
Laos may have less than 2 months before its reserves run out. This is a crucial time for our neighboring country, Laos, which is facing an economic crisis with inflation at over 26%, the unexpected depreciation of the Lao Kip, creating a dilemma and over 500 billion baht in debt, of which Thailand is one of the major creditors. This episode of Executive Espresso outlines the roots of the economic crisis in Laos, pointing out the turning point that caused debt to soar from 60% to 108% of GDP, and shares solutions from the experts’ perspective so that our neighboring country, Laos, can overcome this crisis. Time Index 00:00 Intro 01:26 Situation update 07:31 Where is the root cause? 13:27 Analyzing the Lao PDR’s debt structure 18:25 3 questions that must be solved 21:15 Is this really a Chinese debt trap? 22:51 The way out of the problem ________________ Order the book The Invisible Leader: The Invisible Leader https://bit.ly/buytheinvbook ________________ Join the channel's membership by clicking the Join button or clicking the link / @thesecretsauceth ________________ Click to follow and click the bell https://bit.ly/42rTOnw Follow The Secret Sauce on other channels Spotify http://bit.ly/tssspotify Apple Podcasts http://bit.ly/tssapple Google Podcasts http://bit.ly/tssggpod PodBean http://bit.ly/tsspodbean Website http://bit.ly/webtss Facebook / thesecretsauceth Facebook Group / 643054436428079 #TheSecretSauce #Lao Economy #Kip #Laos #Laos Economy