68 percent of Thais are in debt: Nida Poll and Credit Bureau

[amvet]

1 hour ago, SoilSpoil said:

Because its not the debt itself, but the debt to asset ratio. Those frugal Dutch have land or real estate where the gullible Thais hold cars and phones.

That is a good point.  Where do you find the debt to asset ratio?  What is it for Thailand?  Every Thai I know is constantly buying farmland. 

[SoilSpoil]

22 hours ago, amvet said:

That is a good point.  Where do you find the debt to asset ratio?  What is it for Thailand?  Every Thai I know is constantly buying farmland. 

www.thailand-business-news.com/banking/53291-household-debts-hit-highest-8-years-filling-pockets-thai-loan-sharks.html

 

 

Edited July 19, 2017 by SoilSpoil