What would happen to you and to Thailand if we have a crash like the 2008 crash?

[Digitalnomade]

It's already bad here in Thailand, few job , low pay, people in debt because they borrowed millions of bahts to buy cars....

What will happen after the September 2015 crash. Are you ready?

Pension gone!

401k gone!

SSN gone!

Saving gone!

Stocks gone!

Your thai lady gone!

Profit of your days left, music will stop soon!

[anon676545345]

September 2015 crash do enlighten me, I'm not sure weather your predicting a global crash or a crash in Thailand as your refering to the Thai car buying scheme but even the most tenuous link couldn't tie that to a US 401k.

[manarak]

Direct impact on me would be zero, and indirect impact would be that I would make about 200.000 to 300.000 USD out of it.

Then I could probably also pickup a few cheap properties...

Bring it on!

[smokie36]

A Thai crash would be OK for me thanks!....150 Baht to the Scottish haggis please....;-)

[Cypress Hill]

Wouldn't be too bad for me.

Gold and silver bought at prices less than half of current spot rates. Held in vaults in Hong Kong and Geneva. Nothing in London vaults

Mining stocks bought at rock bottom and enough baht income from local trading accounts to not have to worry about poor sterling/baht exchange rates.

I have never and WILL never lower myself to paying a stipend to any woman - Thai or otherwise - so pretty much a non-issue.

[David48]

Personally, I would not worry because the thai-put-up-their-windshield-wiper-when-their-car-is-parked ... and the problem would be solved.

.

[David48]

A Thai crash would be OK for me thanks!....150 Baht to the Scottish haggis please....;-)

Is it really true that there is a such a beast as a 'Haggis Pizza' ? ...

.

[NeverSure]

Please give me another stock market crash like we had in '08. I was buying quality stocks for 1/2 price and they've recovered.

Please give me another housing crash so I can buy more rentals.

I wish gold would go to $100.

I wish baht would go to 100 to the dollar.

Anything else on your wish list?

[adammike]

And who sold off all the UK gold at a discount that Scot

Gordon brown that's who.w

[AYJAYDEE]

1. the 2008 crash didnt touch me. in fact I made a bundle on it! and i will again if it happens

[BillyBobThai]

My good nomad, it seems like your glass is half empty.

[MJP]

Absolutely nothing at all. No difference.

[Goshawk]

OP says . . .

What will happen after the September 2015 crash. Are you ready?

i say/ask/beg/plead . . .

Pop back into your DeLorean time machine, smash 88mph again and then PM me next weeks lottery numbers. Maybe (together) we can avert disaster? ..

[Caput Lupinum]

September 2015? You're not a Martin Armstrong fan by any chance?

[weegee]

OP...Funny you should mention 2015.

I was told that by a very influential person in China many years ago.....so there you go.

[zeichen]

There wasn't a crash here in 2008. The Asian Economic crisis was back in 1998. The asian curriences have been getting stronger for the last 10 years not weaker.

[ATF]

There wasn't a crash here in 2008. The Asian Economic crisis was back in 1998. The asian curriences have been getting stronger for the last 10 years not weaker.

I believe the OP was talking about the 2008 US Subprime Market Crash not the 1997 Asian Economic Crisis although he is a little confusing.

[David48]

September 2015? You're not a Martin Armstrong fan by any chance?

Jeopardy Question ...

Who is 'Martin Armstrong' ?

.

[meatboy]

2008 crash op must be talking about the one on highway 2,exchange rate 67 since then?well we all know.

2015 not even nostodamus knows.

[JLCrab]

http://www.youtube.com/watch?feature=player_detailpage&v=U-b5myg7i1E#t=11

[h90]

When you look how well the Thais managed the 1997 crash I wouldn't worry.

Thailand has enough food. People get poor in matters of new cars and iPhones, but they won't be hungry.

Some crash from time to time might be even healthy.

[MJP]

When you look how well the Thais managed the 1997 crash I wouldn't worry.

Thailand has enough food. People get poor in matters of new cars and iPhones, but they won't be hungry.

Some crash from time to time might be even healthy.

It's not what I heard from expats who lived there at the time. Serious poverty and homelessness. Edited September 6, 2014 by MJP

[kannot]

September 2015? You're not a Martin Armstrong fan by any chance?

Jeopardy Question ...

Who is 'Martin Armstrong' ?

.

The forgotten Brother astronaut who didnt got the short straw on day of departure........I think????

[i claudius]

When you look how well the Thais managed the 1997 crash I wouldn't worry.

Thailand has enough food. People get poor in matters of new cars and iPhones, but they won't be hungry.

Some crash from time to time might be even healthy.

It's not what I heard from expats who lived there at the time. Serious poverty and homelessness.

Well i am an expat ,so are my friends and i was here when it happened ,it was party time 91 baht to the pound fanbloody tastic

[MJP]

When you look how well the Thais managed the 1997 crash I wouldn't worry.

Thailand has enough food. People get poor in matters of new cars and iPhones, but they won't be hungry.

Some crash from time to time might be even healthy.

It's not what I heard from expats who lived there at the time. Serious poverty and homelessness.

Well i am an expat ,so are my friends and i was here when it happened ,it was party time 91 baht to the pound fanbloody tastic

It was the Thai people I was talking about. The suffering was bad.

[i claudius]

When you look how well the Thais managed the 1997 crash I wouldn't worry.

Thailand has enough food. People get poor in matters of new cars and iPhones, but they won't be hungry.

Some crash from time to time might be even healthy.

It's not what I heard from expats who lived there at the time. Serious poverty and homelessness.

Well i am an expat ,so are my friends and i was here when it happened ,it was party time 91 baht to the pound fanbloody tastic

It was the Thai people I was talking about. The suffering was bad.

oh sorry ,i thaught you meant us , then i did not have a lot to do with Thai people although the ones i did know seemed ok.

[Digitalnomade]

Thai people will probably suffer less thanks to their free local market system (Street food, Chick kebab,....)

Farangs will get a pissed off attitude , lower income from their nany state, to a point some will have to go back home or lower their life style to a thai style life (1 room at 3000 bahts, street soup, bus baht or gelato scooter with go-go sitting on the back, and flip-flop with white socks)

Edited September 6, 2014 by Digitalnomade

[Chonburiram]

A crash like in 2008? Was there a crash? In Thailand 2008 was business as usual...

[krisb]

Please give me another stock market crash like we had in '08. I was buying quality stocks for 1/2 price and they've recovered.

Please give me another housing crash so I can buy more rentals.

I wish gold would go to $100.

I wish baht would go to 100 to the dollar.

Anything else on your wish list?

A yacht.

[3NUMBAS]

the crash of 97 was better for expats