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Thailand remains least miserable economy - Bloomberg

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Thailand remains least miserable economy - Bloomberg

 

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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.

 

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-- © Copyright nnt 2019-05-21

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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...

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"Least miserable?"  Is that like "tallest midget?"

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It's illegal to have a negative opinion (or even facts) and voice it here

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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.

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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...

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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 !

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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%

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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.

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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

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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.

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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.

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"...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."

 

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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. 

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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!

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