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

Jonathan Fairfield
Jonathan Fairfield
in Thailand News - Discussion

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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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  • Geoffggi
    Geoffggi

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

  • Gsxrnz
    Gsxrnz

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

  • Gsxrnz
    Gsxrnz

    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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A troll post with misleading information and a reply has been removed. 

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.

    • Haha 1
    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 !

    • Haha 1

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