POPA ReconBuy-now-pay-later for $4 bubble tea highlights Thailand’s household debt risk
Buy-now-pay-later for $4 bubble tea highlights Thailand’s household debt risk "Thai household debt is equivalent to about 87 per cent of gross domestic product, high relative to the rest of the region and unusually exposed to consumer spending rather than housing, which can act as a store of value" Quite crazy to have BNPL for bubble tea Source
The excerpt is quoted from a public Telegram channel, which owns its text.