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Buy-now-pay-later for $4 bubble tea highlights Thailand’s household debt risk
(www.straitstimes.com)
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this post was submitted on 23 Jun 2026
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Which "we" has gone too far? It sounds like he's blaming the public for how they respond to monetary policy.
The first rule of traditional personal finance is to keep a cash reserve. But "we" regressively punish that cash reserve, and justify it because we've deluded ourselves into thinking more GDP is good for the working class.