Mish's Global Economic Trend Analysis Message Board

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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: John McCarthy who wrote (75423)	2/29/2008 11:30:40 AM
From: westpacific	Read Replies (1) of 116555

It is not just Americans that cannot stay afloat.... The sluggish Thai economy and record gold prices have prompted many elderly Thais to cash in family heirlooms as they struggle to make ends meet. "This is family jewelry," said Pannee Sae Kaow, a 78-year-old Thai-Chinese woman standing outside a gold shop in Chinatown in Bangkok and clutching a tarnished gold necklace given to her years ago by her mother. "The economy has left me no choice but to sell it," Pannee said forlornly. "Everything is more expensive and it's tougher to live in a time like this. We're not rich people." iht.com ------ Corporate Elites and Bankers - you really think they give a CRAP! West

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