Showing 1 - 9 of 9
Why gold matters in a changing world
Oped, Chartchai Parasuk, Published on 13/11/2025
» After reading my previous article, "Thailand has become the sick man of Asean", a good friend asked me what would happen to the Thai economy after becoming the sick man?
Rate cut helps the BoT, not the economy
Oped, Chartchai Parasuk, Published on 06/03/2025
» On Feb 26, the Bank of Thailand's (BoT) Monetary Policy Committee (MPC) cut its policy interest rate by 0.25%, lowering it to 2.0%.
An Asean country might be near a crisis
Oped, Chartchai Parasuk, Published on 20/10/2022
» I am talking about an imaginary country which is a member of Asean. This country may or may not exist. To avoid unnecessary negative repercussions, this country shall remain nameless and be referred to as country "N" with its currency "D". This country is the star of Asean with a 5-year average GDP growth rate of 7% prior to the Covid outbreak.
In the end, economic theories prevail
Oped, Chartchai Parasuk, Published on 02/06/2022
» I have made several dire predictions for the Thai economy this year such as high inflation, a liquidity crisis, interest rate hikes, bank collapses, a currency run, and, of course, an economic recession.
Expect inflation to worsen, not lessen
Oped, Chartchai Parasuk, Published on 21/04/2022
» The economic theory is clear. Inflation always precedes a recession. Investors also think similarly. A recent Market Live Poll conducted by Bloomberg shows that 15% of investors are expecting a US recession to begin in 2022, 48% in 2023, 21% in 2024 and 16% looking at 2025 or later. Deutsch Bank also believes the US economy could face a recession in 2023.
Oil price volatility demands tax rethink
Oped, Chartchai Parasuk, Published on 24/03/2022
» We are living in a time of unprecedented oil price volatility. On Feb 8, the world oil price (WTI Crude) was a little less than US$90 (3,030 baht) per barrel (dpb), but a month later the price jumped violently to 124 dpb.
War-hit Russian economy could fold
Oped, Chartchai Parasuk, Published on 10/03/2022
» It is a new kind of war -- economic war. Western allies, led by the United States, United Kingdom and European Union, are imposing trade and financial restrictions on Russia's economic activities. The aim is to freeze Russian assets abroad, paralyse financial transactions, obstruct cross-border trade flow, trigger high inflation and, most of all, provoke massive unemployment.
China, US woes will spell Thai gloom
Oped, Chartchai Parasuk, Published on 18/11/2021
» On Nov 10, there was a drama in the international financial market. DMSA, a German financial market watchdog, issued a press release stating that China Evergrande Group defaulted on interest payments to international investors and was preparing bankruptcy proceedings.
Money just does not fall from heaven
Oped, Chartchai Parasuk, Published on 21/01/2021
» It is a pitiful dilemma, isn't it? When the economy is in a bad shape, you want the government to spend money (more money, and lots of money) to help shore up the economy. Like we are seeing in our country now. Alas, by spending money (more money, and lots of money), the government itself induces another kind of economic crisis -- a liquidity crisis.