The Situation in Thailand in 2021 (Metal Element) by Dr. Somchai Jaroenworrakiet

Thailand established Bangkok as its capital on April 21, 1782, during the Year of the Water Element, characterized by small waterways. Therefore, in 2021, the Year of the Metal Element, Thailand will have good opportunities and support to move forward with assistance from both domestic and international sources.

Economic Situation: The economy will gradually recover, with foreign investments, especially from the West and Europe, leading to good export growth. However, the financial system remains somewhat unstable, and the banking system has clearly changed. The stock market is on a slight upward trend, and heavy industries are expanding, particularly in transportation. Agriculture remains stable, while construction and tourism are improving, although real estate construction has stalled. Overall, there is a slight growth driven by loans.

Social Situation: The social condition is poor, with many people facing hardships. Numerous companies have closed, leading to increased unemployment and rising domestic violence. Legal disputes have increased, and the suicide rate has also risen. Social hierarchies are gradually declining, with materialism replacing traditional values, resulting in a crisis of faith. There have been severe earthquakes and outbreaks of diseases due to heat and drought conditions. Issues related to drugs and gambling have also increased.

Political Situation: Politics continues to be unstable, with resistance and gradual changes occurring. Governance remains in the hands of older politicians, with only superficial changes while the core remains unchanged and stagnant.

Monthly Situation in 2021

January: The economic situation is not good, with cash shortages, rising unemployment, and many businesses closing. Exports remain strong, tourism is good, and agriculture is stable, but the stock market has dropped. Drug busts have increased, with political resistance intensifying.

February: Covid-19 severity decreases, but the economy remains weak. Real estate, industry, and exports face challenges, with significant stock market declines. Job creation improves, entertainment is thriving, and early heat waves occur. Political tensions rise, leading to clashes.

March: Covid-19 outbreaks occur, and the economy continues to decline, although the stock market improves. Exports are positive, and job creation increases. Political discussions improve, with potential management changes. Sudden flooding causes significant problems.

April: Covid-19 situation improves, and the economy shows signs of recovery. Exports are strong, and agriculture generates substantial income. The stock market rises, but heat and drought conditions spread. Tourism progresses, and political acceptance emerges.

May: The economy is still weak, with significant investments but insufficient cash flow. Exports face deficits, while agricultural products perform well. Tourism improves, but the stock market remains weak. Issues of robbery and violence increase, and political discussions become more structured.

June: Financial conditions improve, with increased job creation and a good stock market. Exports are strong, but agriculture faces challenges. Tourism is not performing well, and drug problems and corruption are exposed. A major accident occurs, but politics can move forward.

July: Covid-19 is under control, and the economy shows some recovery. Financial conditions are still weak, with a stable stock market. Exports, entertainment, and tourism improve, while agriculture, real estate, and industry slow down. Politics begins to establish a new system.

August: The economy improves, with some financial movement. Agriculture, real estate, construction, and industry perform well. Tourism and exports are satisfactory, and the stock market rises slightly. Foodborne diseases emerge, and several storms hit. Politics begins anew.

September: The financial system circulates well, with increased job creation and balanced exports. Agriculture performs well, and the stock market rises slightly. However, flooding poses significant challenges, and real estate and industry face many problems. Politics improves and begins to manage effectively.

October: Financial and economic conditions stabilize, with slight stock market gains. Industry and exports perform well, but real estate remains problematic. Social conditions decline, with major drug busts and ongoing flooding issues. Politics progresses positively.

November: The economic and financial situation is weak, with downturns in the stock market, real estate, and construction needing urgent fixes. Agriculture and exports perform well, and the stock market improves slightly. Social conflicts arise, with a major fire incident. Political leadership changes occur, allowing progress to continue.

December: The economic and financial situation improves, with better exports and stock market performance. Agriculture, industry, and real estate show some movement. However, robbery cases increase, and cold weather and gastrointestinal outbreaks pose challenges. Politics continues to advance steadily.