It's true that rates hit a peak in 2006 though as I recall 5% was not easily available (more like 3.5%) and in any case rates fell steadily from then on to the paltry position of the last few years.Assuming we are talking about Baht deposits the return calculationmust also take account of what currency was brought in and when.
You mention CIMB: as it happens, I remember there was some concern about rates offered by CIMB about that time - not on the conventional rates for depositors which tend to be pretty standard across the sector but on some weird hybrid products with very high returns.
Whether thousands of farang were "flocking" to TRD who can tell? What one can say is that people would need to be very smart to take advantage of the very few spikes in rates and avoiding the long years of rates lower than inflation.
To be fair, if your health was still good you would have stayed in Thailand despite the rest of your post citing corruption and inconveniences.
I don't actually disagree with you. I am starting to get knee problems which came out of nowhere and I am only 51. I can only imagine what hell Thailand will become once I need a serious medical treatment.
I have always said it.... you should come to Thailand when you are young. This place is not for old Western men,
Agree on your initial points but not re the cooking show. He was spending way too much time (shopping for raw materials, planning, recording etc., when he should have been attending to the affairs of state. (Plus there was much comment that the dishes he cooked were very day Thai items nothing special.)
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