Pyramid

W wierd thing I learned abotu that's sort of an insight into the Thai financial mind is the following. A group of workers all pay into a central pot, and once a week one of them gets all the money by random drawing. The winner is then obliged to gradually pay back all of the lenders, with interest! What an insane debt generation scheme! All of them want to be the one who gets the moment of wealth which he can then use to make a big purchase or share with his huge family. Kinda wacky, righ? And they all insist on being paid monthly rather than weekly or biweekly since the checks are "too small!!"

This learned from a falang bar owner.