Thailand's Covid hit worst in region, say experts

Guno צְבִי

Guno צְבִי

We fight, We win, Am Yisrael Chai
The kingdom's economic growth is likely to fall 7.8%, the biggest projected drop in the region, due to the impact of Covid-19 on the tourism and service sectors, according to the Asean+3 Macroeconomic Research Office (Amro).


"Many countries are slipping into recession, depending on their economic structures and how successful they were in containing the virus." he said. "But even with the most successful countries, like Thailand, we estimate negative growth of 7.8% because its economy depends on (sex) tourism and services, which were hit very badly."




https://www.bangkokpost.com/thailand/general/1964795/thailands-covid-hit-worst-in-region-say-experts
 
Thailand has had 58 deaths and not one case in the last two months. I definitely do not trust the reporting in Laos, Cambodia or Burma. Vietnam is not renowned for openness and China never tells the truth.
 
Like it or not, the world's economies are all linked. When one is suffering (i.e. the U.S. currently), it affects them all.
 
guno said:
The kingdom's economic growth is likely to fall 7.8%, the biggest projected drop in the region, due to the impact of Covid-19 on the tourism and service sectors, according to the Asean+3 Macroeconomic Research Office (Amro).


"Many countries are slipping into recession, depending on their economic structures and how successful they were in containing the virus." he said. "But even with the most successful countries, like Thailand, we estimate negative growth of 7.8% because its economy depends on (sex) tourism and services, which were hit very badly."




https://www.bangkokpost.com/thailand/general/1964795/thailands-covid-hit-worst-in-region-say-experts
Click to expand...

These are not experts. They are just guessing. They might as well burn Holy Seaweed.
 
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