I read everywhere that the current financial crisis in Thailand is not as bad as it was in the 1997 financial crisis.

Still in 1997 Thailand needed "just" 13 billion US Dollar (442 billion Baht) to get out of the problems. The loan was on a 6 year term, but Thailand paid back all in just little over 4 years.

The current government says it needs to 1.43 trillion Baht for a economic stimulus scheme, or in simple terms 3 time more then they needed in 1997 ??? Official the Thai government had earlier planned to inject 1.56 trillion baht into the economy, but the figure was revised.

So what is the truth is the current economic crisis worse or not????