it's not that easy to come up with an original business idea
it's not that easy to put in the hard work to keep a business running
some people are too greedy and the pricing is stupid
a lot of jobs suck or there are no jobs, so people are trying their luck
maybe borrowing from family ...
sounds great to me....I remember 57 to one in '97...ended up spedning a lot of baht during those days. great golf clubs from the factory in China. Now I don't expect much of a drop as many currencies are fluctuating due to the tariff parties.
Apparently they think the housing market is going to take a hit, especially the condo market, possibly because of the quake hysteria.
Along with an economic slowdown, if tariff issue isn't resolved. Who knows how many mortgages they already have in default, and just cutting any future losses.
Seems smart to me
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