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Pattaya: If only they'd listened to the Japanese it might not be in this mess!


webfact

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6 hours ago, Harsh Jones said:

Because the primary central banks of the world keep pushing money out. There is no business cycle anymore. Japan is a primary central bank in the region. As is China.

 

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It would be interesting to know just how exposed Thai banks really are, especially with Thailand having record household debt even before covid.  

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On 9/28/2021 at 2:54 PM, Guderian said:

Most of the Japanese in this area live in Sri Racha, and I can't say I've noticed things being much better up there.

And they have their own bars that non-Japanese are not allowed in. Same as many of the bars in Thong Lor in Bangkok.

 

Wonder what would happen if Westerners tried to do the same? ????

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