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

webfact
in Thailand News - Discussion

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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. 

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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

 

 

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