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Finance Minister Expresses Confidence in Thailand’s Fiscal Stability


webfact

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5 hours ago, webfact said:

Meanwhile, Deputy Prime Minister Supattanapong Punmeechaow stated that he expects the European conflict to be resolved within three months

Maybe consult with Chalerm Yubamrung, he could solve any crisis within 7 days.

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7 hours ago, smedly said:

well that is a red flag right there 

 

as usual the real indications read very differntly, lets lead with household dept and go from there 

 

then there is a missing 25% (at least) of lost tourism GDP for almost two and half years.

 

Then slap Covid on top of that - maybe this guy is talking about his own fiscal stability and that of his mates in government who seem to be doing very well indeed - the multiple Billionarse running the show who can't get money into their pockets fast enough ............................ lets have another emergency budget that seems to dissapear down some black hole and nobody to hold them to account or doing the accounts 

The real indicators are the fact that the Banks are being downgraded due to " Liquidity Issues "

That means they are lending out too much money over the asset value of the Loan.

We all know what the ultimate finale to a scenario such as this is .

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