Myanmar: Back to the future for the military junta
What does the political turmoil in Myanmar mean for the country’s banks?
At least four of Ang San Suu Kyi’s most senior economic officials are missing since Myanmar’s February 1 military coup.
A Yangon financier, unburdened by political persuasion, sums up Myanmar’s February military coup.
“It’s a circular firing squad,” he says. “These are incredibly stupid steps. These guys have been watching too much Fox TV.”
The Fox TV jibe riffs at the reason why Myanmar’s military said it cancelled Aung San Suu Kyi’s five-year-old quasi-democracy.
Perhaps inspired by Donald Trump, the generals claimed that a November election, won in a landslide by Suu Kyi’s National League for Democracy (NLD), was fraudulent.