Thailand Take Note

[Capealava]

Thailand take note. Protect your economy, tourism and exports. PROTECT your baht. Protect the Billions of Baht ex-pats spend in Thailand.!!!!!! Letting the baht appreciate only benefits the wealthy. Bank of Bangkok's estimate that the Dollar with be 25 baht in a few years does not bode well for Thailand. The USA is their major trader.

http://www.washingtonpost.com/wp-dyn/content/article/2010/11/04/AR2010110403839.html?hpid=topnews

[Naam]

Bank of Bangkok's estimate that the Dollar with be 25 baht in a few years does not bode well for Thailand.

seconded! 25 Baht for one Dollar might cause the sky to fall.

[Xonax]

Obama policy is to print loads of new Dollars every day to finance the US crisis. Thailand and many other countries don´t. That´s the only reason why your US Dollar is getting weaker and weaker every day!

[nong38]

Printing money is no solution, its an easy get out and people dont realize their money suddenly does not go as far as it did. I call it devaluation of a currency, things cost more at home and when ou go abroad so that 25 dollars might end up just being right, the fed has suddenly decided to pump another 600 billion into the economy, 600 billion they have? Or is it a promise to pay the bearer? Well dont all come looking for your money together or there will be a big problem. Bonds what are they really worth, China has got loads and cant cash them in, there is no oney to pay for them! The UK has not gone ahead with another injection of QE, but, it still falls against the bt, these are not good tims for us here that is for sure and its not going to change in the immediate future, whatever the Thai monetary systen can do to help is welcome, I am not sure they can do much for us alone.

[rgs2001uk]

Bank of Bangkok's estimate that the Dollar with be 25 baht in a few years does not bode well for Thailand.

seconded! 25 Baht for one Dollar might cause the sky to fall.

Thirded! yeah those pre '97 days used to give me tremendous headaches, fear of the sky falling on my head every time I left the house.

[Capealava]

Obama policy is to print loads of new Dollars every day to finance the US crisis. Thailand and many other countries don´t. That´s the only reason why your US Dollar is getting weaker and weaker every day!

I know that. But if the baht drops to 25 it will hurt Thai exports. The USA is the major exporter for Thailand. The pound and euro are not looking good either. Maybe they should peg to the dollar as China does