webfact Posted May 21, 2019 Share Posted May 21, 2019 Thailand remains least miserable economy - Bloomberg BANGKOK, 21st May 2019 (NNT) - United States news agency Bloomberg has again ranked Thailand as the least miserable country on its World’s Most Miserable Economy index. Bloomberg has released its index where Thailand remains the least miserable economy with a score of 2.1. Other less miserable counties, which are those with the lowest scores on this index, are Switzerland, Japan, Taiwan, Malaysia, Czech Republic, Hong Kong, Israel,and South Korea. Meanwhile, the country with the most miserable economy goes to Venezuela. Bloomberg’s World’s Most Miserable Economy index is calculated based on the inflation and unemployment rates. The index released this year is based on forecasts by economists, while the last year scores are based on actual data. -- © Copyright nnt 2019-05-21 Follow Thaivisa on LINE for breaking Thailand news and visa info Link to comment Share on other sites More sharing options...
ezzra Posted May 21, 2019 Share Posted May 21, 2019 Nah, i don't trust the finding of this index when it comes to Thailand, who are champions in misinformation and statistics fudging and manipulations to suit the desired agenda and to save face... Link to comment Share on other sites More sharing options...
zydeco Posted May 21, 2019 Share Posted May 21, 2019 "Least miserable?" Is that like "tallest midget?" Link to comment Share on other sites More sharing options...
AtoZ Posted May 21, 2019 Share Posted May 21, 2019 It's illegal to have a negative opinion (or even facts) and voice it here Link to comment Share on other sites More sharing options...
trainman34014 Posted May 21, 2019 Share Posted May 21, 2019 The misery is building up but takes time because Thai's love to live in their own little bubble and know nothing of what is happening outside of it. Link to comment Share on other sites More sharing options...
unamazedloso Posted May 21, 2019 Share Posted May 21, 2019 I don't think economies have feelings but dam there is a lot of misery amoungst the people.. But i guess if people where cared for the economy would be miserable more so i guess... Link to comment Share on other sites More sharing options...
the guest Posted May 21, 2019 Share Posted May 21, 2019 I tend to agree, Thailand and its people are mostly happy. Ignorance is bliss they say, and it's true. Rather that worrying about what's happening over the fence, why doesn't the west concentrate its efforts on sovereign matters. Thailand in most cases focuses on its own country, rather than being interested in others, good thing I say. In the west, try finding some good news in the press, people are so brainwashed by the papers handing out negative news all-the-time it drives you crazy. So sit back take a chill pill, and start being positive, like Thailand ! Link to comment Share on other sites More sharing options...
SanookTeufel Posted May 21, 2019 Share Posted May 21, 2019 8 minutes ago, the guest said: I tend to agree, Thailand and its people are mostly happy. Ignorance is bliss they say, and it's true. Rather that worrying about what's happening over the fence, why doesn't the west concentrate its efforts on sovereign matters. Thailand in most cases focuses on its own country, rather than being interested in others, good thing I say. In the west, try finding some good news in the press, people are so brainwashed by the papers handing out negative news all-the-time it drives you crazy. So sit back take a chill pill, and start being positive, like Thailand ! I agree 100% Link to comment Share on other sites More sharing options...
bkk6060 Posted May 21, 2019 Share Posted May 21, 2019 21 minutes ago, unamazedloso said: I don't think economies have feelings but dam there is a lot of misery amoungst the people. Certainly and the highest bit of misery I see are all the miserable expats. I believe the report. Link to comment Share on other sites More sharing options...
Wilsonandson Posted May 21, 2019 Share Posted May 21, 2019 How do they measure employment rates in Thailand. A lot of people I know work for family or friends and don't pay tax. For example, does the noodle seller on his motorcycle pay tax, the mom and pop shop shopkeeper, the motorcycle taxi driver, the lottery seller, the fruit trader at the market, the guy in the motorcycle repair shop, etc. Are they on a government list as employed?Sent from my SM-A700FD using Thailand Forum - Thaivisa mobile app Link to comment Share on other sites More sharing options...
DrTuner Posted May 21, 2019 Share Posted May 21, 2019 And Thailand still remains a country where farting in the direction of the rice field while turning on a hammock qualifies as gainfully employed. They should be DQ'd from any stats involving their cooked up numbers. Link to comment Share on other sites More sharing options...
DrTuner Posted May 21, 2019 Share Posted May 21, 2019 35 minutes ago, the guest said: I tend to agree, Thailand and its people are mostly happy. That was actually Finland this year. https://www.forbes.com/sites/duncanmadden/2019/03/28/ranked-the-10-happiest-countries-in-the-world-in-2019/#13cda05c48a5 https://worldhappiness.report/ed/2019/ Coming from there I doubt they added the extortionate income tax rates in their little calculations, though. Link to comment Share on other sites More sharing options...
jaltsc Posted May 21, 2019 Share Posted May 21, 2019 "...ranked Thailand as the least miserable country on its World’s Most Miserable Economy index." That's like being told that you have the "Least serious type of terminal cancer." Link to comment Share on other sites More sharing options...
Berkshire Posted May 21, 2019 Share Posted May 21, 2019 57 minutes ago, ezzra said: Nah, i don't trust the finding of this index when it comes to Thailand, who are champions in misinformation and statistics fudging and manipulations to suit the desired agenda and to save face... Hmmm....this is according to Bloomberg. But whatever. I doubt they included miserable farangs in their calculations, so many here may tend to disagree. Link to comment Share on other sites More sharing options...
PatOngo Posted May 21, 2019 Share Posted May 21, 2019 1 hour ago, webfact said: Bloomberg’s World’s Most Miserable Economy index is calculated based on the inflation and unemployment rates. How could you be miserable lying back in your hammock with a bottle of 30 baht lao khao watching rice grow! Link to comment Share on other sites More sharing options...
Lamkyong Posted May 21, 2019 Share Posted May 21, 2019 1 hour ago, SanookTeufel said: I agree 100% positive, like Thailand !???????????????? Link to comment Share on other sites More sharing options...
candide Posted May 21, 2019 Share Posted May 21, 2019 Employment statistics in Thailand are meaningless and cannot be compared, for example: - if someone loses his job and has to go stay in his parent's farm because he cannot afford any other solution, he will be counted as farm worker, - if he has no familly and is so desperate that he has to sell chewing gums in the street, he will be counted as self employed. Nothing to do with less miserable. Link to comment Share on other sites More sharing options...
Nowisee Posted May 21, 2019 Share Posted May 21, 2019 Based on inflation and unemployment rates and data provided by Thailand...enough said about the validity of that. Taking a look at the other countries at the top and using common sense, logic and reality... is Thailand even remotely within the same league? Link to comment Share on other sites More sharing options...
RotBenz8888 Posted May 21, 2019 Share Posted May 21, 2019 2 hours ago, Berkshire said: Hmmm....this is according to Bloomberg. But whatever. I doubt they included miserable farangs in their calculations, so many here may tend to disagree. Yes, with 38 million on O-A visa, falangs should definitely be asked... Link to comment Share on other sites More sharing options...
sammieuk1 Posted May 21, 2019 Share Posted May 21, 2019 Surely dependant on what side of the embezzling divide your on as to how financially miserable you feel???? Link to comment Share on other sites More sharing options...
Lupatria Posted May 21, 2019 Share Posted May 21, 2019 The editors of Bloomberg seem to be the first victims of the legal purchase of ganja. Link to comment Share on other sites More sharing options...
Misterwhisper Posted May 21, 2019 Share Posted May 21, 2019 If Venezuela grossly under-reported its unemployment rate while at the same time over-valuing its national currency to prevent it from being affected by dwindling export figures, the country might be able to climb quite a few places. Link to comment Share on other sites More sharing options...
Sonhia Posted May 21, 2019 Share Posted May 21, 2019 Should read FALSE SMILES A jekyll and hide nation. Smile at a face but the knife goes in the back! Those who compile such dribble reports have obviously never lived in Thailand... Thais are generally miserable and unhappy. Only when money is in.their hands do they smile. The land of frowns. Link to comment Share on other sites More sharing options...
earlinclaifornia Posted May 21, 2019 Share Posted May 21, 2019 4 hours ago, SanookTeufel said: I agree 100% Sad you two feel it is the press. The terrible things happening there is the fault of those in the news. Don't hide from reality by using an escape goat like the press please. Link to comment Share on other sites More sharing options...
Jimbo2014 Posted May 21, 2019 Share Posted May 21, 2019 I guess Bloomberg dont look at GDP growth, road deaths, income increases, cost of living, average household debt or pollution levels. <deleted> do they base their index on... oh yea - employment. 10 people standing vacantly around each mall stall. Link to comment Share on other sites More sharing options...
Orton Rd Posted May 21, 2019 Share Posted May 21, 2019 99% own just a third of the wealth, it must be the 1% with the two thirds who are least miserable! Link to comment Share on other sites More sharing options...
Pravda Posted May 21, 2019 Share Posted May 21, 2019 3 minutes ago, Bipolar said: Oh and think tomorrow Bloomberg will release news that Trump is God! Is he not? Link to comment Share on other sites More sharing options...
Traubert Posted May 21, 2019 Share Posted May 21, 2019 1 hour ago, earlinclaifornia said: Sad you two feel it is the press. The terrible things happening there is the fault of those in the news. Don't hide from reality by using an escape goat like the press please. A what? ???? Link to comment Share on other sites More sharing options...
DrTuner Posted May 21, 2019 Share Posted May 21, 2019 4 hours ago, Berkshire said: Hmmm....this is according to Bloomberg. But whatever. I doubt they included miserable farangs in their calculations, so many here may tend to disagree. So is this: Quote Thailand again claimed the title of the “least miserable” economy, though the government’s unique way of tallying unemployment makes it less noteworthy than Switzerland’s improvement to second-least and Singapore managing to stay in the bottom three. https://www.bloomberg.com/news/articles/2019-04-17/the-world-s-most-miserable-economy-has-seven-figure-inflation "Unique" as in full of shit. Thais need to cut the crap if they ever want anybody to take them even a least bit seriously. Link to comment Share on other sites More sharing options...
madmen Posted May 21, 2019 Share Posted May 21, 2019 17 minutes ago, Traubert said: A what? ???? Link to comment Share on other sites More sharing options...
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