@NigelForbes
Plenty strong no more imo.
All these repo'ed cars are liabilities.
Collapsing commercial real estate is a liability.
Non-performing consumer and credit card loans are liabilities.
Wars, rumours of wars, high energy prices, dead-ish tourism don't help.
It was in the news a few weeks ago that Thais are indebted to the highest degree ever.
All this mess will end up in the banks' front door.
In a banking crisis, the govt will provide unlimited liquidity but savers (and the baht) will get the shaft