Money In The Bank

[springer64]

I have some savings in bkk bank,i wonder with all this talk of chaos and widespread anarchy,the worse case scenareo if things got too much would i lose my money,if the economy totally collapses,whats the story is my money safe.

[jackdawson]

i'd w/draw the money immediately

[anon7867763]

Its safer in Thailand than Europe.Thailand has vast funds of foreign reserves so its unlikely that the baht will devalue

and its unlikely that the economy will collapse.Exports are up and deficit is down so probably your money is in the best place

Alternitavely , Chinese yuan is likely to rise in the medium future as they try to cool down their economy a bit but generally

Asian currencies (except the Yen) are alot better bet than western currencies for the medium term so I wouldn´t panic ,

there´s a long way to go before any seriously economic downturn might happen in Thailand.

[lonewolf99]

Any one got a Crystal ball handy....Asian stocks are collapsing cos of the Greek problem...the Italians Irish Spanish and Portuguese are next and then the Euro is in freefall................THEN...When Gordon Brown hands over the keys of number 10 to the Conservative/Liberal alliance....they will find the UK is totally bust and then the Pound will be worthless......My advise keep yer gold/money under the bed in a biscuit tin.....Armagedon...as in arma gedding out of here pronto....