Thailand has seen this movie before...
Thailand's recent economic history is best depicted by the charts below where we have overlaid economic growth with local currency trends. Suffice to say, if history has any relevance, Thailand's near term future looks ominous. My advice would be to consider the tail risks associated with a protracted slowdown Thai GDP very seriously.
- GDP vs. Currency, since 2003
- GDP vs. Currency, since the Baht's crash (1998)
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