Threat Of Bubble Economy Looms Again For Thailand

[midas]

As I have to bring cash here from NZ I keep a close watch on the Baht, NZ$ exchange rate and it has not changed a lot in recent times.

I believe the OZ$ is much the same.

So as I see it the Baht has not risen but the US $ has dropped.

Every $ the Feds print must devalue all the others and there seems to be no end in sight.

Fhe whole financial crap heap was started by the greed of the US bankers followed by their European counterparts.

Now the world is paying for that greed.

Unfortunatly some who got us into this mess are not.

Fair point.

This thread though is really about the fact that Thailand is now really up against it, and you'd best be prepared for the fall out.

It's in the nature of things that these things don't explode overnight but for sure this country is now in trouble.

The problem is it never did sort out its domestic economy.

Globally, I'm not sure the good guys can be so easily separated from the bad guys.

I would agree though that US is making no attempt to put its house in order, as opposed to UK for instance.

yes and surely by now there must be more people who ask why is that ?

Its because it is not their agenda to do so............... :

What other possible explanation can there be ?

http://www.americanthinker.com/2009/02/the_clowardpiven_strategy_of_e.html