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Thailand Freezes Over 3 Million Bank Accounts
Armstrong Economics ^
| 22 Sep 25
| Martin Armstrong
Posted on 09/23/2025 8:19:12 AM PDT by delta7
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To: MeneMeneTekelUpharsin
To: delta7
Coming w\soon to America ... or already here?
To: delta7
Test driving in Asia….. coming soon to your local bank?
23
posted on
09/23/2025 8:46:56 AM PDT
by
Lockbox
(politicians, they all seemed like game show host to me.... Sting)
To: delta7
And who wrote the software? Who made the hardware it runs on?
Peking flips a switch...POOF
To: delta7
25
posted on
09/23/2025 9:02:36 AM PDT
by
yefragetuwrabrumuy
(If you see "Acheta" protein in a product, know that it has been adulterated with insect protein)
To: delta7
They do actually have a lot of fraud in Thailand - it’s one of their major industries.
To: af_vet_1981
I was wondering if someone was going to address this as I wonder how many ex-pats are no without the ability to gain access to their money.
With all the talk of moving overseas to find a better life, it seems "the grass ain't greener on the other side of the fence" after.
27
posted on
09/23/2025 9:13:54 AM PDT
by
ducttape45
(Jeremiah 17:9, "The heart is deceitful above all things, and desperately wicked: who can know it?")
To: ComputerGuy
For quick calculations I use the 30 baht to a $1 rate to get ballpark numbers. Since 2009 I’ve seen the rate fluctuate between 27 to 36, with 32 bath to 1 USD about the norm.
To: where's_the_Outrage?
So, the Baht has gone down a bit relative to the Dollar.
You can thank Spell Check for that comma in my first sentence.
To: delta7
30
posted on
09/23/2025 9:26:32 AM PDT
by
kiryandil
(No one in AZ that voted for Trump voted for Gallego )
To: delta7
Interesting.
Used to work with a hard-core Libertarian Paulestian type guy who retired and moved to Thailand. He used to brag about what a libertarian mecca Thailand was.
Wonder how he's doing these days...
31
posted on
09/23/2025 9:30:11 AM PDT
by
rhinohunter
(I don’t know if God is a Republican, but I am metaphysically certain that satan is a democrat)
To: ComputerGuy
When my family lived there, the Baht was worth five US cents. That's what it was when I was stationed there in '70.
32
posted on
09/23/2025 9:39:41 AM PDT
by
TangoLimaSierra
(⭐⭐To the Left, the Truth is Right Wing Violence⭐⭐)
To: TangoLimaSierra
I would have paid good money to have been stationed there ;)
To: ComputerGuy
That must have been a long time ago. First time I went there it was 26 baht/dollar, stayed that way until 7/1/1977. It hasn’t been below 30 since then.
I knew someone who used to change money on the black market in sizeable amounts. I explain it like this: You take a big bundle of Thai bank notes. You go meet a guy on the street. You hand him your big bundle of Thai baht. He goes away. Later he comes back with dollars.
Not recommended for tourists.
To: Flash Bazbeaux
The He goes away part is a deal-killer. For me, at least.
To: delta7
36
posted on
09/23/2025 10:13:49 AM PDT
by
Lazamataz
(I figure if Charlie Kirk can die for free speech, I can be mildly inconvenienced.)
To: jimwatx
Sex tourism is never a good idea.
37
posted on
09/23/2025 11:51:41 AM PDT
by
af_vet_1981
( The bus came by and I got on, That's when it all began.)
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