Thailand's national debts are now rated as "Junk". Read Here.
What is really worrying is the increasing animosity of the rural vs urban (read Bangkok) and the poor vs rich.
Call him Evil, but the fact remains the ousted Thaksin did something concrete for the rural poor the traditional money bags in Bangkok never did. Apparently the rural folks do not believe the new government headed by Eton, Oxford educated Prime Minister Abhisit is any different. These rural guys are the hard core of the Red Shirts.