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Thai Baht Preparing to Collapse?

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Lobo
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Thai Baht Preparing to Collapse?

Post by Lobo on Thu 03 Dec 2015, 3:58 pm

Thai Baht Preparing to Collapse?

Posted on December 3, 2015 by Martin Armstrong


The Thai government has taken steps toward the elimination of cash moving forward. Thailand is abandoning its ‘safe haven’ image. This is yet another step to drive capital to the dollar. (Note: this chart shows the Baht against the dollar so a rise reflects the rise in the dollar decline in the Baht)
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