Beware of the sinking economy

The sinking economy in Thailand is going to put a huge dent in the future of TEFL teachers here. People will be out of work, lots of them. They won't have money to pay language school fees, let along regular school fees and many university students will have to take an unplanned gap year. Unemployment could be hitting 20% by the end of May, and the economy here is expect to contract around 6 percent, the highest of any ASEAN member country. Foreign teacher pay is the LAST thing they will be thinking about. They will hire Filipinos on the cheap and that will be the new normal. Khrusapha rules will stay the same.

Bill


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