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Originally Posted by Rdrokit  Quote:
Originally Posted by Butterfly Quote: |
Originally Posted by Spin Inventories grew | growing inventories is not a sign of good times, GDP was probably growing on a technicality, |
Right, growing inventories can mean people are not buying. Not a good sign. I look at it this way (as I am a full time Thai resident) when is the dollar going to be worth 40 baht again. Probably not in my lifetime.  |
I still maintain bottom at 29, but that could be altered by the coming tsunami of the credit crunch upon these shores that will cause a THB slide of 10-30%. For more info, read prior posts on related topics...