churchill Posted September 16, 2009 Posted September 16, 2009 In this current situation it seems that the US and Uk will both have to spend less and save more whereas the Countries in the East including Russia , China and India will have to spend more save less . Are we going to see a reverse in fortunes over the coming years with those that have little money but assets such as land being able to borrow and leverage to create a situation here that has happened in the US , Europe and Uk in the last few decades ? So the $ , Euro and pound decline as the Yen , Thai Baht etc rise . and Will asset prices rise here in Thailand as they fall in Europe .
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now