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Thailand approves $6.9 billion borrowing plan for revenue shortfall from COVID-19

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On 8/19/2020 at 10:34 AM, M71 said:

Wow the Central Banksters / IMF have Thailand by the balls as well as every other country on the planet. In debt up to the taxpayers eye balls.

 

Welcome to the new terrorist on the block - no it ain't Bin Laden, no it ain't the Communists - it's COVID-19 ! - the unseen worldwide terrorist you can't see, can't hear, can't touch and can't confront.

 

Stay scared sheeple - and do whatever your told - or we'll come get ya!

 

 

Where/who will Thailand borrow from.

 

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  • Sell some watches they are only borrowed empty the swiss vaults flog the London penthouses sell the tanks subs and planes is another plan ????

  • RichardColeman
    RichardColeman

    All very well to borrow NOW to mitigate the problems NOW, but if Thailand does not open up by end of year for high season or chinese new year, this money will be like a sticking plaster on an amputate

  • Ah, wait. Bank of Thailand just gave 500 billions free money to banks (0.01% interest). https://www.bot.or.th/English/PressandSpeeches/Press/2020/Pages/n2063.aspx And now government need to

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On 8/19/2020 at 11:35 AM, heina said:

Head of Bank of Thailand is civilian. Out form Harvard and IMF.

Nothing to do with submarines and uniform.

Possibly working to orders.

 

On 8/19/2020 at 12:08 PM, sandyf said:

Domestic tourism would have to be eradicated for that statement to be valid. Domestic tourism accounts for about 8% of GDP so the borrowing is not far short of the income from international tourism.

Are you trying to say that domestic tourism, or any other form of income, just cannot be increased. 

 

One thing for sure, they don't need expat pensioners with their income, this is indicated by the O-A visa insurance scam.

 

On 8/19/2020 at 12:49 PM, elgenon said:

Did they say who they are borrowing from? Bar girls? Farangs? China?

Not Farangs as the government appear to think that there is no value in us.

On 8/19/2020 at 4:33 AM, sammieuk1 said:

Sell some watches they are only borrowed empty the swiss vaults flog the London penthouses sell the tanks subs and planes is another plan ????

 

     Be reasonable . 

     just increase the Foreigner/ Aliens , visa costs .

     PS , there are few penthouse suites in London ,, owned by Londoners ...

     

Edited by elliss

On 8/20/2020 at 12:12 PM, heina said:

This is Bank of Thailand game. They do prints, they issue debt.

Government borrow from banks. Who Bank of Thailand belongs to?

It is not Thailand, it is not government.

I do believe it's a Jewish family by the name of Rothschild. https://newspunch.com/complete-list-of-rothschild-owned-and-controlled-banks/

8 hours ago, Huckenfell said:

Not Farangs as the government appear to think that there is no value in us.

The only value we have is as a piggy bank. Give us your money and leave.

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