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New Year Spending Hits 12-Year-Low Due to Omicron Fears

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9 hours ago, Neeranam said:

I spent a bloody fortune last week, 100k + alone yesterday. Longines, J'Adore, Adidas, Nike, Johnny Walker, etc all add up.

I did the same............................. on crypto's. 100k baht is quite a fortune, 2,700 lousy Euro's.

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  • What about the fact that everywhere has been shut down especially within the entertainment sector resulting in massive unemployment therefore reduced spending power ....

  • A 12 year low for domestic spending by Thais, probably a 50 year low when you deduct non-spending by tourists.

  • Same happening in Pattaya.  The government for years have under estimated the trickle down effect of tourist spending. They are too xenophobic to admit that although they begrudgingly have stated it m

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9 hours ago, ThailandRyan said:

How many egg stains on the singlet as well would indicate his prosperity and wealth....

The stains are printed on at the factory.

13 hours ago, Gsxrnz said:

A 12 year low for domestic spending by Thais, probably a 50 year low when you deduct non-spending by tourists.

It's hard to believe holiday spending was lower in 2009. As you say, it might be a 50 year low, or at least the lowest since the Asian financial crisis in 1997.

On 12/26/2021 at 8:32 PM, Albert Zweistein said:

The stains are printed on at the factory.

That's a relief....I feared it might because they slept in them !

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