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No asset bubble in Thailand, says state think-tank

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37 minutes ago, snoop1130 said:

“At the time of the survey, Thailand was preparing for an election which could have affected their answers, in term of confidence," he said.

I mean... didn't I say that?

 

 

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Can we get the no asset bubble assurance  in full writing dated and with signature ?

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I spotted an oxymoron in the title! - No asset bubble but a global asset bubble with record low interest rates and record high debt.  Thailand is no exception and the government is pushing Thai's to spend bigger and increase debt.  30M THB 60 meter apartments in the city and no asset bubble.  

https://www.bangkokpost.com/opinion/opinion/1748139/is-it-all-the-bank-of-thailands-fault-

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No asset bubble; just a massive consumer debt bubble instead while the banks shove their heads in the sand.  What possibly could go wrong.

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14 hours ago, snoop1130 said:

No asset bubble in Thailand, says state think-tank

I believe the word is 'STALE', not state

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15 hours ago, snoop1130 said:

No asset bubble in Thailand, says state think-tank

A bubble exists in the form that's where the think tank reside!

They actually believe their own BS

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21 hours ago, snoop1130 said:

“ Declining interest rate, potential rise in property prices had possibly led to their concern about asset bubble. However, the Bank of Thailand has a strict policy to prevent that from happening”.

Like last time...

regards worgeordie

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