Jump to content

rotary

Advanced Member
  • Posts

    1,871
  • Joined

  • Last visited

Posts posted by rotary

  1. It is not just the Thai households having increasing debts. The country itself has a massive increase in government debts incurred by the previous government.

    Economic growth then was based on increasing debts, similar to what China did and is still doing, abet on a smaller scale.

    I do not think Thailand has the debt load that the USA has even if prorated out as debt per person. It is a world wide thing, not just Thailand, and made worse by cheap interest loans and no or low down payments. Bring the minimum down payments on cars & houses to 50% in every country in the world and watch the default rate go down. In the USA it is possible for a 50 year old man to get a 30 year house loan. How does that make any sense.
  2. It is not just the Thai households having increasing debts. The country itself has a massive increase in government debts incurred by the previous government.

    Economic growth then was based on increasing debts, similar to what China did and is still doing, abet on a smaller scale.

    I do not think Thailand has the debt load that the USA has even if prorated out as debt per person. It is a world wide thing, not just Thailand, and made worse by cheap interest loans and no or low down payments. Bring the minimum down payments on cars & houses to 50% in every country in the world and watch the default rate go down. In the USA it is possible for a 50 year old man to get a 30 year house loan. How does that make any sense.
  3. Why would you want to? You have to assume that the residents have done something very wrong so why would you mess with seeing them. All you will hear is how unfair it is that I got 50 years for getting caught with 2 kilos of cocaine.......bla bla.

    Watch the Discovery Channel film BANGKOK HILTON and call it your "Visit".

    • Like 1
  4. Something big with allot of mass and decent safety kit...the top-spec Ford Ranger comes to mind...lots of mass and 6 airbags. All Nissan Teanas, even lowest spec, come with 6 airbags as well. I'm looking at the Teana. The Volvo XC-60 would be nice but over 3M baht is just too much.

    I love the new Fords/Madzas. They are the best pick ups on the road by far but.............any pick up, and more so the HI-Rider types are a roll over hazard. Most goverments in western countries test vehicles overall and give them a STAR rating. I guess one could research all these goverment sites and try to figure out which of the better safety rated ones are sold in Thailand. Now just because the Ford XXXX or Nissan YYYYY is sold in say Europe and Thailand it does not mean they are the same exact model even if they look the same. This goes down to the spec on air bags, door crash reinforcement, etc. Different countries have different spec and it can be hard to figure out what is what. I bought a 2008 Ford Edge in the middle east then thought about shipping a few months later to North American. Ford ended up sending me the Cert of Conformity with lots of words & the official stamp but trying to tie specs together is not easy.
×
×
  • Create New...
""