The latter event had world impact. The initial response was to blame foreigners, not the rampant speculation or bad loans of Thai bankers. The “Tom Yam Kung Crisis” วิกฤตต้มยำกุ้ง during the “Yuk IMF” ยุค ไอเอ็มเอฟ helped bring a populist businessman to power, promising to run the country like a CEO and set the economic house in order.