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No asset bubble in Thailand, says state think-tank


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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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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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