Key words in Editorials

Live Editorial Scan Updating...

Sunday, March 16, 2025

Economic Indicators RSA vs Thailand vs Malaysia

A worthwhile comparison as there are many similarities however I was surprised that the SA Household Debt to GDP was substantially lower than both Thailand and Malaysia . This would speak to the banks in RSA having a far stricter fiscal control. I mention that Malaysia has reduced their national debt to GDP by 5% since Covid so there is a national commitment to drive national debt down. The household debt is high and based on the current GDP growth experienced the consumer spend will continue to drive the economic landscape but it risk of even further increased household debt. I asked Perplexity.ai and Gemini.ai to provide a breakdown by LSM but this was not easily available. I suspect this is very high with Gen Z's . Thailand government is toying with providing an eCard with thb 10.000 to each 16 to 20 year old . About R5500 and this in my opinion would be insane as this will do nothing in driving household debt down but have a once off stimulus in the luxury market ( games, name brands, etc). Government promises, what can I say !

No comments:

Post a Comment

Collision Energy Calculator

Impact Physics Calculator Impact Energy Calculator Visua...