Awake-in-3D: GESARA? Thailand’s $13.8 Billion UBI Plan

GESARA? Thailand’s $13.8 Billion UBI Plan: What You Need to Know Why Thailand’s Universal Basic Income Program Will Likely be a Catastrophic Economic Failure Universal Basic Income (UBI) has been championed as a revolutionary solution to poverty and economic inequality. However, despite its utopian appeal, UBI is fraught with pitfalls that undermine its effectiveness and sustainability. I argue that UBI can lead to financial irresponsibility, increased inequality, and social disintegration. By providing income without requiring work, UBI risks eroding the value of employment, reducing incentives for participation in the workforce, and fostering dependency. Individuals gain not only income but also…