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webfact

Slow growth not reflective of Thai economic potential, says BOT official

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3 hours ago, webfact said:

the central bank's move is too little and too late

That's what everybody says.....now when it's already too late.

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4 hours ago, webfact said:

Slow growth not reflective of Thai economic potential, says BOT official

Slow growth = this is a fact

Thai economic potential = this is a hope

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Looks like they’re too blind to see the correlation between a strong Baht—and a strong bilateral trading and military alliance with Communist China.

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All the same was said all over the World, just before the crash in 2008. 
 

When it looks bad around you and all the “wise-men” say don’t worry, then it is time to prepare.

 

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I seem to remember that they said a U.S China trade dispute was beneficial to Thailand.

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Of course it's not reflective of country's potential. The way things are going, 2.4% was pure good luck! Just take a look at the last quarter... 0.1% and dropping.

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7 hours ago, BuckBee said:

sounds like dreaming or wishful thinking to me .

Why ? Huge cash reserves are what drives a currency and right now Thailand has more dollars in reserve than the U.K. or Germany so called major powers - with only the big players above it - US, Saudi etc. 
 

 

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11 hours ago, webfact said:

Slow growth not reflective of Thai economic potential, says BOT official

I agree!

2020 might prove to be even worse.

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13 hours ago, webfact said:

Slow growth not reflective of Thai economic potential, says BOT official

My typical premature ejaculations are not reflective of my potential 

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A couple of MoU's and the EEC should sort it. 

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