Analysts Predict Baht Decline if Trump Wins US Presidency

[Foexie]

must be an AI writing article to make sure all trumpidiots in thailand will vote for him for make some extra satang

[AdmiralKrag]

17 hours ago, Talon said:

 

Yes, those who live on a shoestring and whine about a 5 baht difference in beer prices have big issues.

 

When a can of beer costs more in Thailand than all non Muslim neighboring countries that's a problem. More than many western countries as well.

 

Beer aside because that is a bit of a red herring.

 

I don't drink beer at home. What is the price for a tin of Singha now? Over 40 yes? In percentage terms 5b is 12.5%.

 

Would you care if your rent went up by 13%? Your health insurance? Your general food costs?Your annual dividends? If the answer is no - well, good for you. You arrived in Thailand half dead, but well funded at 65. Some of us left that rat race decades before and may not be quite as well positioned.

 

Personally, I like to think of money as a puzzle game. I search for ways to put the best value toward my life for the least amount of money. I also wish to leave as much money as possible to my spouse. Finally, we are living in very uncertain times. Criminally zero bound interest rates followed by a massive jump in inflation. What's next?

 

Five baht is obviously nothing. It's not about paying an additional 25b for a night out ffs.

 

 

[metisdead]

A post trolling about an unrecognizable medical condition has been removed.

[Smokey and the Bandit]

20 hours ago, Humpy said:

Come on Donald, you can do it !

It's looking more and more likely he will!

[nauseus]

16 hours ago, SingAPorn said:

There are 2 factors in currency fluctuation.

 

1. The trends and realities on the international market

 

2. The steps taken by the domestic governance of the currency who can manipulate it up or down in the markets either by extensively buying it's own currency to make it artificially rise or flodding the marken in dumping and selling it to make it loose value.

 

If the hi so's who rule a country want to take out their money and invest it abroad they will do anything to increase the value of the currency by extensively makint the Central Bank buy.

 

If others want rather to help their exports or tourist industry, they will extensively dump and make the bank sell to drop the value in the international market which means more THB for a tourist for ex who changes money and cheaper cost for other countries wanting to import the goods.

 

All depends on what the people in power want to do with their money...and their interests.

 

Sure a cheaper THB sounds attractive to get more Bhats in exchanging euros or UK£ or whatever. But a low THB means a substantial increase of prices in anything imported. Consequently, those XXL oversized chunks of roast beef and other stuff many westerners cheries, could highly increase. So one may get more THB at the exchange counter, but if it's only to have to shell out more to live here..no point.

 

There is if you don't eat beef. Gimme 50 baht for a dollar any day.

[nauseus]

14 hours ago, spidermike007 said:

Well, during his first term Trump borrowed like a drunken sailor, and swelled the deficit by 7.1 trillion. It would likely be higher this time, with all his zany economic "plans". Would that strengthen the dollar, or weaken it? Many of his proposals would likely lead to more inflation, like the silly and ignorant tariff plans, which would be nothing more than a tax hike on the American consumer. 

 

Same old sh*t. Half of that money was due to Covid. Biden will add even more debt in his 4 years.

[KhunLA]

OP doesn't make sense, quite the opposite actually, as folks complain the home currency is weaker.

 

Trump win ... what to expect ?

That's easy if a repeat from last administration.  For Yanks, expect a weaker USD against the THB.

 

Trump sworn in 2017 - 2021 when Trump leaves ... nuff said

 

[SiSePuede419]

You misspelled "steals". 😄

[SiSePuede419]

1 hour ago, nauseus said:

Biden will add even more debt in his 4 years.

We see you don't let facts get in the way of your ignorance. 👍

 

Trump: Added about $8 trillion to the national debt over four years.

 

Biden: Has added about $5.8 trillion in nearly four years (as of late 2024).

 

 

[nauseus]

1 hour ago, SiSePuede419 said:

We see you don't let facts get in the way of your ignorance. 👍

 

Trump: Added about $8 trillion to the national debt over four years.

 

Biden: Has added about $5.8 trillion in nearly four years (as of late 2024).

 

 

 

Link it. Otherwise you might be accused of ignorance.

[mikeymike100]

3 hours ago, Smokey and the Bandit said:

It's looking more and more likely he will!

Indeed, looking at the Daiy Mail just now........

https://www.dailymail.co.uk/news/article-14007067/Inside-Democrat-implosion-Kamala-Harris-team-fear-Donald-Trump.html

 

 

 

"

"Democrats are spending another week wondering if Kamala Harris has let her momentum in the 2024 race completely slip away.

A murderer's row of bad PR for the Harris campaign this week featured continued tanking in the polls, a widely panned CNN town hall, Donald Trump beating her to the Joe Rogan bump and even fellow Democrats slamming her rhetoric. 

Harris now trails Trump in the polling average in the crucial swing states of Michigan, Pennsylvania and Wisconsin, according to Real Clear Politics. 

Fear is now gripping Harris' campaign and the 'vibes' are draining away as prominent Democratic lawmakers, as well as the liberal media, have been forced to publicly acknowledge the campaign is faltering at the final hurdle. 

One Democratic strategist admitted to The Hill: 'Yes, it's close, but are things trending our way? No. And no one wants to openly admit that. Could we still win? Maybe. Should anyone be even slightly optimistic right now? No.'"

[Stargeezr]

i am not a fan of lying Donald, and the way he puts down military people as well as anyone

that he thinks is not on his side. The world regards all Americans as the same people no matter

what political party they believe in, Donald Trump does not believe that fact.

  I am just glad that I am not an American.

[SLOWHAND225]

4 hours ago, Stargeezr said:

i am not a fan of lying Donald, and the way he puts down military people as well as anyone

that he thinks is not on his side. The world regards all Americans as the same people no matter

what political party they believe in, Donald Trump does not believe that fact.

  I am just glad that I am not an American.

 

New one on me, how about some sources ?
I personally dislike him but I don't believe that ^ is true

FWIW, they ALL lie, they are two sides of the same coin