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ExpatOilWorker

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Posts posted by ExpatOilWorker

  1. For that kind of cash I'd look around the Sathorn / Ratchadamri areas... Lots of really nice luxury condo type places on Soi Lang Suan, for example, which is close enough to the BTS but a bit removed so it's clear of the noise and annoyances of lower Sukhumvit. Lumpini Park (IMO Bangkok's best park) is an easy walk away. A lot of embassy staff live around there (American, British, Swiss and other embassies are close by) and that's where you'll find some of the swankiest hotels in Thailand (St. Regis, Four Seasons, etc.).

    Agree and the Baan Rajprasong building have great facilities and a view over the American embassy residence and Lumpini park.

    http://www.tripadvisor.com/Hotel_Review-g293916-d1382244-Reviews-Anantara_Baan_Rajprasong_Serviced_Suites-Bangkok.html

    This looks more like a hotel.

    It is a condo shared with a hotel, in this case Anantara. There are lots of building like that around Bangkok.

    http://www.prakard.com/default.aspx?g=topics&f=150

    You can get a 168 m2 condo for 95K

    http://www.prakard.com/default.aspx?g=posts&t=1208631

  2. For that kind of cash I'd look around the Sathorn / Ratchadamri areas... Lots of really nice luxury condo type places on Soi Lang Suan, for example, which is close enough to the BTS but a bit removed so it's clear of the noise and annoyances of lower Sukhumvit. Lumpini Park (IMO Bangkok's best park) is an easy walk away. A lot of embassy staff live around there (American, British, Swiss and other embassies are close by) and that's where you'll find some of the swankiest hotels in Thailand (St. Regis, Four Seasons, etc.).

    Agree and the Baan Rajprasong building have great facilities and a view over the American embassy residence and Lumpini park.

    I am not knocking the area at all, as its very central, but out of interest what benefit or appeal does being around specific embassies, living near their employees or having a view of the US Ambassador residence bring, other than the latter being a talking point perhaps?

    The whole US residence is flat, green and quiet so it is like having a view of a big park. You can of course also see Lumpini Park and The Royal Sports club from some units of Baan Rajaprasong. Other than that, I agree it doesn't matter a flying fok whoes residence it is.

    NB: Now that I think about it, maybe it is a nice feeling that you can look down at the US ambassador.

  3. For that kind of cash I'd look around the Sathorn / Ratchadamri areas... Lots of really nice luxury condo type places on Soi Lang Suan, for example, which is close enough to the BTS but a bit removed so it's clear of the noise and annoyances of lower Sukhumvit. Lumpini Park (IMO Bangkok's best park) is an easy walk away. A lot of embassy staff live around there (American, British, Swiss and other embassies are close by) and that's where you'll find some of the swankiest hotels in Thailand (St. Regis, Four Seasons, etc.).

    Agree and the Baan Rajprasong building have great facilities and a view over the American embassy residence and Lumpini park.

    post-119133-0-71871200-1446160623_thumb.

  4. Won't the Chinese have to let the Yuan 'float' to its market value if they do this? Most people think that the Yuan is artificially undervalued and will go up considerably if it is allowed to float.

    If China does this there will be winners and losers:

    Chinese tourists going abroad and Chinese oil importers will be winners and...

    Chinese factories that rely on exports will be losers.

    I suspect that the Yuan will join this basket of currencies only if they can still keep the Yuan undervalued.

    Not only do they need to let the Yuan float, but also open the whole banking system up to international banks and free cross border trading. I am sure the list of requirements is a lot longer, honest and accurate GDP reporting spring to mind.

  5. International Monetary Fund representatives have told China that the yuan is likely to join the fund’s basket of reserve currencies soon, according to Chinese officials with knowledge of the matter

    "The Chinese officials familiar with the matter spoke before the nation took another step toward liberalizing its financial system on Friday, as the PBOC removed the cap on deposit rates. That move was paired with cuts in interest rates and banks’ reserve requirements."

    No name, no job title. Lets wait for an official announcement from IMF.

  6. Cut is from what to what and by how much?

    "The People’s Bank of China (PBOC) said it was in line with the economic situation and would help support the real economy.".......as opposed to the fake economy?

    if you, as i did, visited China in 1981, 1989 and 2010 and compare its economy with the economies of your or my country (same period) you'd consider your question not only irrelevant but its insinuation ridiculous. i'd say "the boyz and girlz in China have done extremely well!" with the help of the policies introduced by ol' Deng Xiaoping.

    thumbsup.gif

    I actually lived and worked all over China for a long time and know it very well, but as a visitor you might not have noticed all the smoke and mirrors.

    post-119133-0-02264000-1445653224_thumb.

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