Skip to content
View in the app

A better way to browse. Learn more.

Thailand News and Discussion Forum | ASEANNOW

A full-screen app on your home screen with push notifications, badges and more.

To install this app on iOS and iPadOS
  1. Tap the Share icon in Safari
  2. Scroll the menu and tap Add to Home Screen.
  3. Tap Add in the top-right corner.
To install this app on Android
  1. Tap the 3-dot menu (⋮) in the top-right corner of the browser.
  2. Tap Add to Home screen or Install app.
  3. Confirm by tapping Install.

Bank runs in Bangkok, Samui, Pattaya and Phuket

Featured Replies

Well lets say, that in the next six months, net-net, there's more foreign sellers in the real estate market than foreign buyers, and (netted) 7,500 falang who own condos and building decide to sell up.

Let's say the average sale price is 4M Baht.

At the current exchange rate; the total is just under 1 Billion US dollars.

That's an ongoing drain from Thailand's foreign reserves at the rate of nearly 5.5 Million USD per day.

Let's not forget about all that Arabic, Iranian, Chinese, Japanese, Taiwanese and Indian (etc) hot-money flow reversing too.

And you also forgot to mention the ENORMOUS VODKA SWILLING ELEPHANT IN THE ROOM....the Russian money...

Did you forget T-Rex?

10, 25, 140, 157, 92, 51, 24, 13

http://en.wikipedia.org/wiki/List_of_bank_failures_in_the_United_States_(2008%E2%80%93present)

  • Replies 32
  • Views 3.3k
  • Created
  • Last Reply

Top Posters In This Topic

Well........no evidence of a bank run anywhere in the Kingdom.

What a waste of band-width.

It must therefore be assumed that in the coming days there will be a run to withdraw funds from Thai banks so that this money can be transferred out of Thailand.

Well, as the OP said above it was only his assumption. Wonder if we can charge him for the bandwidth used in this thread?

Create an account or sign in to comment

Recently Browsing 0

  • No registered users viewing this page.

Account

Navigation

Search

Search

Configure browser push notifications

Chrome (Android)
  1. Tap the lock icon next to the address bar.
  2. Tap Permissions → Notifications.
  3. Adjust your preference.
Chrome (Desktop)
  1. Click the padlock icon in the address bar.
  2. Select Site settings.
  3. Find Notifications and adjust your preference.