I just updated this today, March 10, 2012. The original video I posted here was missing as it appears China closed their YouTube Account and is posting things on their own servers now. (That could be a whole new post here at Naam Bplah. We'll have to do some more research into this issue. However, I've recovered the video and reposted it. If you have an interest in Thailand I highly recommend this news clip from our "friends" (I say that lightly) in China. However, this is a fairly comprehensive report on the damage and challenges Thailand will face over the next two or three years. I suspect we will see a dramatic drop in the value of the Thai Baht from it's current exchange rate of 30 Baht to the USD to possibly 40 to 45 Baht to the dollar. What is revealing is that back in October 2011 when we were predicting a very sour Thai economy, Reuters, The Wall Street Journal and others were much more optimistic.
Political Commentary and Non Political Commentary on The United States, Thailand and Southeast Asia.
Thursday, November 03, 2011
Continued Flooding in Thailand's Major Industrial Areas Wreaks Havoc On Thai and ASEAN Economy, Report by China's CCTV News
I just updated this today, March 10, 2012. The original video I posted here was missing as it appears China closed their YouTube Account and is posting things on their own servers now. (That could be a whole new post here at Naam Bplah. We'll have to do some more research into this issue. However, I've recovered the video and reposted it. If you have an interest in Thailand I highly recommend this news clip from our "friends" (I say that lightly) in China. However, this is a fairly comprehensive report on the damage and challenges Thailand will face over the next two or three years. I suspect we will see a dramatic drop in the value of the Thai Baht from it's current exchange rate of 30 Baht to the USD to possibly 40 to 45 Baht to the dollar. What is revealing is that back in October 2011 when we were predicting a very sour Thai economy, Reuters, The Wall Street Journal and others were much more optimistic.
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2 comments:
Very interesting. I've always wondered about Hookah but never actually looked into it at all.
Due to the flood,the hard disk's price is more than 30% higher in China,and the bottled pure water, 1.5L and 6L size,has beening sold out at all Big C, Macro and Limping for a couple weeks...
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