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High anxiety - Dusit poll confirms the worst as Thailand suffers in pandemic

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1 minute ago, mberbae said:

Economic downturn.

Is world-wide.

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33 minutes ago, Bob12345 said:

You do realize there is more going on besides a lack of tourists, right?

 

Car production is down, exports are down, restaurants are empty, shopping malls are empty... this has little to do with tourism.

"restaurants are empty, shopping malls are emptry but this has little to do with tourism"...it's an opinion that is worth what it is worth 🙄

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this isn't even over yet, people are acting as if it is. This virus is here to stay unless a vaccine is created, a British scientist stated that there is a 50-50 chance of a functioning and effective vaccine being generated. Thailand hasn't entered it's flu season yet either! We need to learn how to adapt and live with this virus being here for the long haul 

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57 minutes ago, Bender Rodriguez said:

for years, you are told, tourism is only x percent of economy

 

lol

 

honesty is not a word in a thai dictionary, nor is empathy (ambulance blockers leading to death of injured...)

Yes, I can well remember these comments over the years. For Government finance ministers dismiss ''less than 7% of GDP'' being of no, or little, concern shows a great lack of intelligence.

 

Added to the decline of tourism, another great worry is how the ''students and less-well-off'' -- who carry the vast majority of public debt -- will be able to pay-off their debts in a economy that is in decline.

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What is wrong here, Every year during the Songkron weekend about 150 people die on the road.  every year!  Corona has nothing on Thai Traffic.  Let's open up the country and just be extra careful and safe.  

😉

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Of course the Bht is holding it;s own compared to countries that are in worse trouble

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3 hours ago, Misterwhisper said:

Even more puzzling, then, why the THB continues to be so strong although the economic situation apparently is in such shambles. Something stinks.

 

 

The Thai baht is measured against a basket of other currencies,the country’s of which has also had significant or worse economic damage. It is comparative so no surprise the baht has not fallen back.

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1 hour ago, Jane Dough said:

On the contrary, honesty and empathy are expressed in many ways in the Thai language.

One being rarely?

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So if all the money Thailand has is in central bank reserves, does this mean it  cannot  help the declining economy ? And what happens if millions of workers loose their incomes ?

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             and we all thought Thailand had loads of money in reserve lol     evidently not

 

         Reserved for Military Expenses     ???????????????????

 

 

 

 

 

  

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