homeownership Posted August 19, 2013 Share Posted August 19, 2013 The party is over and now that brand new condo seemed such a good idea at the time. Thailand has entered wat is termed as a tail spin recession. This is a recession that gathers pace because of a loss of consumer confidence, as lately experienced in many Western Countries. http://www.bbc.co.uk/news/business-23751846 (links) Link to comment Share on other sites More sharing options...
Morakot Posted August 19, 2013 Share Posted August 19, 2013 (edited) Gross Domestic Product the yard stick for everything? Ideally coupled with the glorious myth of perpetual growth that seems to make a 0.3% contraction newsworthy. Edited August 19, 2013 by Morakot Link to comment Share on other sites More sharing options...
aTomsLife Posted August 19, 2013 Share Posted August 19, 2013 Hope you don't mind, but I posted your link to the discussion we're already having in the News forum: http://www.thaivisa.com/forum/topic/661781-thailand-unexpectedly-slips-into-mild-recession-in-second-quarter/page-2#entry6732840 Link to comment Share on other sites More sharing options...
metisdead Posted August 19, 2013 Share Posted August 19, 2013 Please continue discussion in topic already running here: Thailand unexpectedly slips into mild recession in second quarterCLOSED Link to comment Share on other sites More sharing options...
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