Andy, the audio blogs are great. When I’m not reading about monetary history and I want to clean, fix the car, get food ready, ect. I can just hit play and catch up with what’s really going on in the markets. Thank you!
Andy
on January 27, 2015 at 11:54 pm
Hi Andy
Your Audio blogs are great, keep them up. This one seemed to cut off a little prematurely though.also I agree with a previous post about being able to get it as a download, as this would use less band width for a lot of people.
For what it’s worth I have a bit of info for you.
I live in Northern Thailand, Chiangmai to be exact. Chiangmai has seen the most unbelievable real estate and building boom over the last several years, starting around 2008. Every bit of green space has a condo now sitting on it, there are construction sites everywhere and mostly condominium housing and some single or double story housing.
Something strange has happened in the last few days/weeks since around the beginning of 2015.
Almost All work on every condo site has stopped. Every building site is eerily quiet and devoid of construction workers. Even finished condos lay empty and locked, with no viewing allowed.
Today I made a brief tour around the city to several sites under construction and it’s the same story all over. Something tells me the money has stopped flowing and we might be witnessing the bursting of the Thai housing bubble. This has been fueled on cheap imported money from the U.S. And Japan mainly. So I thought I might draw your attention to it as an extra indicator of how things are shaping up in other countries.
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Andy, the audio blogs are great. When I’m not reading about monetary history and I want to clean, fix the car, get food ready, ect. I can just hit play and catch up with what’s really going on in the markets. Thank you!
Hi Andy
Your Audio blogs are great, keep them up. This one seemed to cut off a little prematurely though.also I agree with a previous post about being able to get it as a download, as this would use less band width for a lot of people.
For what it’s worth I have a bit of info for you.
I live in Northern Thailand, Chiangmai to be exact. Chiangmai has seen the most unbelievable real estate and building boom over the last several years, starting around 2008. Every bit of green space has a condo now sitting on it, there are construction sites everywhere and mostly condominium housing and some single or double story housing.
Something strange has happened in the last few days/weeks since around the beginning of 2015.
Almost All work on every condo site has stopped. Every building site is eerily quiet and devoid of construction workers. Even finished condos lay empty and locked, with no viewing allowed.
Today I made a brief tour around the city to several sites under construction and it’s the same story all over. Something tells me the money has stopped flowing and we might be witnessing the bursting of the Thai housing bubble. This has been fueled on cheap imported money from the U.S. And Japan mainly. So I thought I might draw your attention to it as an extra indicator of how things are shaping up in other countries.