Gknrd

Ok

I've looked into buying the Yuan, it is a dead end street. I also own some Chinese stock.. Same thing there IMHO.. Do what you want, and best of luck to you.. I will stick with the numbers. Years ago I made a few bucks with Chinese stocks.. Now, lord you would have to be an idiot to even think about it IMO. Back in the old days I had many friends in Malaysia and and Hong Kong that made a mint with currency, buying the Yuan. Those days are gone my friend.

Exactly that is why no one wants the Yuan, and tell that to the millions of Chinese circumventing the currency flow out of China into Hong Kong and the US. Chinese millionaires are not stupid. They are fleeing faster than a rat on a sinking ship. Looking forward to the cup of tea.. I personally love Thailand and wish all the best for the New Year.

Get with the program.. haha.. Sure Thailand is seeing a surge in money trying to get out of China. BUT, it is way down on the list. The US, Australia , and others are seeing the big money transfers. As China crumbles they are trying to do anything they can to get their assets out. And Thailand is just a small part of that equation. It will help for a while. Again, as the industrial market dies so will the infrastructure.. A no brainer..

Doesn't matter what so ever. China's is in a severe downturn also. Consumption is way down and a recession is there now . You can bring in 8 million more it won't matter. The coffers will be depleted at record paces. If you think China is going to save Thailand in 2023 you are smoking some really good stuff. Thailand is one of the fastest growing senior societies with none to little help from the government. China is the fastest declining population in history. 2024 may bring some relief if China can get things under control . Then a steady decline for Thailand and China in the market. Numbers don't lie. Thailand made the wrong decision plain and simple. It will pay a heavy penalty in the next 10 years. Tourism will help but it will never be enough at this point to put a dent in the decline. The problem at this point is as manufacturing goes away and the government cannot maintain the infrastructure things will start a slow and steady decline. Tourists don't want to visit a country that is dying.

Hummm, exports are down US and European exports are declining drastically. Tourism numbers predicted are because of China finally trying to unlock. Of course that is a disaster for China that is playing out as we speak. All accounts are predicting a decline in exports. And a recession in Thailand. Who knows Thailand may become the center of the world and pull the rest of the world out of recession and in doing so increase it exports. Anything is possible I guess.

Global recession and 20 million big spenders are going to come to Thailand... Those big spenders will be the ones squeezing a 100 baht note and the Thais trying to pry it out of the tourists death grip... No matter which way TOT wants to put their spin on it is it going to be a tough year for them.

That is not but about 6 million dollars / 3 = 2 million.. Joke of the day I guess. Hundred of thousands here with that being sponsored.. Drop that down to 100,000 and you would lock up half of Thailand that were living with a. foreigner.

I'm out of here until China can get it under control... Not worth it.

5 million a day or more are getting covid. 2023 is kinda pushing it.

I run every day and do weights every other day. Here where I am I have not seen another foreigher exercising since I have been here. And verrrrry few Thai's

TOT headline news, Thailand provides China with life saving vaccine. 50,000,000 Chinese tourists to be welcomed next month.

After he ate it was nap time..

Not to mention the debt crisis in Thailand is unreal. You would be surprised at the people driving new cars that are living in poverty.

Weekly pat on the back.

You ain't seen nothing yet. Thailand attracts these people like a magnet. As China implodes Thailand is going to have it's hands full.

This part of the world is getting down right scary.

Last evening at the night market there was a guy pulling a wagon with a few buds... I am sure he had a permit...

Sounds like Big joke is going to be reassigned a desk job again before long.

Agree, I think it is ineveatable at this point. But hardly anything new. I think Thailand will be better off with Chinese people buying up the land here for sure.

Well I have enjoyed my stay while the tourists were at a minimum. Very enjoyable. Now, with the Chinese fixing to invade. I am off to the warm Caribbean and enjoy the crystal clear waters , food to die for, and no visa hassles... haha ????

I am out in the sticks in Thailand. In the guest house I am staying in is a garden of pot..Maybe 5000 legal but 5,000,000 or more are growing it.

Doesn't matter what the elite want at this stage period. In a few years there won't be enough youngsters to push around. No one to take the jobs unless they pay a good salary. Just a matter of time now. Thailand is at 1.5 / female. Average to keep things stable is 2.1.

I have been lied to about dental problems here. I don't trust Thailand what so ever. Passssss

They won't have a choice, the demographics in Thailand are horrible. As the working class shrinks the wages will go up. Just supply and demand economics. Same with China, their population is aging at a rate that wages have increased 6 fold in the last few years. China is terminal. So 2027 is a statement made by the party because they know it will happen anyway. Or in that general time frame. You are having re-shoring from China to Thailand. The work force will be eaten up pretty quick. It is a blue collar boom for the next 10+ years. You will see that same thing in Thailand that is happening in China now. Work force will keep shrinking and local demand will decrease, wages will go up. At that point you will see manufacturing start to head out to other places. There is not much the leaders can do about it at this point.