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Posts posted by Gsxrnz
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The whole point of a surrogate currency such as bitcoin is to keep governments thieving hands off it, and only create new money when sufficient energy and effort have been expended in the form of mining.
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The laws of supply demand only work correctly when the market is largely left alone to do what it does. Prices will rise or fall depending on where the supply/demand lines cross.
It's when government step in to interfere with the markets that the proverbial hits the fan. Globally we are in for a perfect storm of government interventionist fallout. Globally circa 40% of surplus printed fiat money known as quantitative easing. Global productivity not matching the surplus fiat money. The labor markets turned upside down through covid lockdowns, the same with suuply chain logistics and manufacturing. Consumer demand increasing thanks to more leisure time and the aforesaid government printed monopoly money.
Add to this the war upon fossil fuels and rampant energy and transportation price increases, and hey-presto, <deleted>.
Inflation reported at 4.5% in most of the West but it's already really 10%. In the next few years we are going to see inflation north of 15% (and only a few months ago I thought it would be 10%), mortgage rates in the 10% region, seeing a housing market crash, corporate debt will be eroded for those who can generate the cash to pay the intertest, pensions will be eroded dramatically as governments just print more money to fund them which further dilutes their value.. I could go on but it's depressing.
Anybody on a fixed income or have debt are in for hard times. Those that have the ability to manage their financial situation with some dexterity will prosper magnificently.
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Ironically, illegal entries may exceed legal entries in 2022.
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Ask yourself this question........why is there a sign in every hotel in Thailand that requests you not to dispose of prophylactics in the toilet?
Edit: To clarify for NNE speakers, a prophylactic is (amongst other things) the old skool word for a condom. But just realised that even the Covid 19 vaccine is a prophylactic. Go figure.
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14 minutes ago, ikke1959 said:I have already a yellow vaccine passport for many years, but the hospital refused to fill in the vaccination and only gave me a vaccinationcertificte.... Again a money scam???
It's probably the wrong shade of yellow.
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22 minutes ago, edwinchester said:Just tried to order mine and still only has the 'pick-up' option available.
Ditto. But my expectations of actually achieving success when I started the process were nil anyway, so my expectations were achieved 100%.
It also begs the question of why they want a copy of the vaccine certificate and passport, when they have used this very information themselves to populate the necessary fields in the app.
Muppets.
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17 hours ago, Screaming said:
I would have to agree, Pattaya is one big toilet. Why build a new one when you already have one.
I didn't know Pattaya had been officially downgraded from a cesspit to a toilet. I would have expected an intermediate ranking of at least an open sewer before such a serious demotion to that of a mere toilet.
For clarity, I reside in the cesspit and love it for both what it is, and what it isn't.
And back on topic - the lack of public toilets can be great entertainment. Nothing funnier than sitting in a Beach Road bar and watching an ageing philanthropist mincing his way from the beach to the bar wearing his bathers, dangerously dodging scooters and song-taeows with that "I'm on a mission" look on his face.
He yells out "elephant" to the staff as he heads towards the pristine facilities of the establishment, emerging 20 minutes later to his (by then) warm beer and muttering about no loo paper. A discussion promptly ensues regarding the benefits and pitfalls of bum guns, imodium, charcoal, and antibiotics.
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4 hours ago, mrwebb8825 said:
I hope very soon. Those poor poor ladyboy gangs, scam artists and jet ski mafia operators have been in such dire straits trying to find people to rob, beat up and rip off. How will those beach chair/umbrella hawkers realize the 1,000% profit they were promised by the "Public Beach" mafia that "rented" them state owned property? It truly breaks my heart to think about the entire line of knock-off, fake Rolex watch makers, shippers and peddlers being starved out of existence.
I do so long for the days of yore when tuk-tuk drivers entertained prospective passengers with random machete fights and gang beat downs of the occasional drunk tourist that refused them an extra 10 baht.
And OMG!, What's that smell? Is that Air?!? Where's the motor fume filled airways we have all come to love and adore that goes so hand-in-hand with the pristine beach and never ending road construction?
Aw, but I'm just preaching to the choir, aren't I?
You know something? I'd forgotten just how much I miss about the pre-covid world until you reminded me how wonderful Pattaya can be.
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3 minutes ago, Golden Triangle said:The other must be beer then ????
If I could, I'd give you a 9.9 for that comment!! Australian by any chance?
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1 minute ago, Will B Good said:
....and there's me thinking it must come before shelter ....555
If we could get in the TARDIS and head back 40,000 years and ask the first Neanderthal we met if he had to choose between a cave or a woman, what would he choose - It'd be at best a toss-up as to what the answer might be, especially if it wasn't snowing at the time.
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1 minute ago, Will B Good said:
Surprised Maslow's hierarchical needs didn't include Nana at some level.
Actually I think it does. Self Actualization - achieving one's full potential and creativity.
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4 hours ago, Will B Good said:
Just the consequences of a free market economy where supply is structured to meet demand I guess.
If the supply or the demand is missing nothing is going to happen.
In general agreement, but my book of Keynesian Economics clearly suggests that since the dawn of time there are only two commodities for which there is always more demand than supply even in a free market, and one of them is food.
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Just now, FridgeMagnet1 said:Yes I think that’s good advice. Forget it
it’s only 20KI can’t wait to get away from the cess pool of Pattaya, frankly. I tried it for a while and did not like it much. All the boring dodgy people everywhere
back to civilisation I think (Bangkok)
That's a shame. Maybe you should give Jomtien a crack before you head back to Bangers - we're a better class of degenerates over the hill. You can usually just ask a local if Kuhn so-and-so is legit and you'll get his or her full pedigree, warts and all.
I know dozens of people who have never had a problem with leases, rents, or deposits over the years. That's not to say problems don't arise, but definitely not very often in my experience.
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3 minutes ago, FridgeMagnet1 said:I was thinking of not even going to the police, as there really isn’t anything in it for them.
I had a funny feeling about this agent all along, something was never quite right, but Juristic said she was legit and had lots of tenants in that building.
to be honest, I think the whole thing stinks and regret leaving BKK for Pattaya
It's an unfortunate situation. An "agent" of any kind can often end up in tears, even if they are ligit.
I'm reminded of a female lawyer in Patts several years ago. She was a director of many Falang companies holding one share and also had powers of attorney. She spent years mortgaging all the houses and properties with fake signatures unbeknown to the genuine owners, and eventually when the cashflow ran out and banks were asking questions she did a runner.
The moral of the story being - try and avoid any situation where there is an intermediary. And if you have to have a lawyer or an agent involved, try and limit your exposure to potential fraud as much as you can.
I guess you did that by not paying too much in advance, so maybe just accept that you actually reduced your loss significantly and move on.
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I'm extremely disappointed. The thread header promised so much more than it's delivering.
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4 minutes ago, FridgeMagnet1 said:Yes I have her Thai ID number (didn’t take a copy of, but verified the number on the contract matched the card) and know her real name. She has purged all her Facebook accounts, but left a few things up on other sites that are harder to take down, and some are cached.
as I say, lots of people in my building are in the same boat as me, actually most are in much worse as they paid all upfront.
Ok, well done on getting the ID card details. Many don't know the significance of that information. I guess you could make a case with the police but it's doubtful they'll take it far on its own
The media exposure may make them stop scratching and get off their backsides.
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They'll be back but not in the same numbers as previously. The "genuine" ones - with a genuine owner who ran the place as a bar to make a few baht after paying off the coppers will have mostly folded and they won't return in volumes unless some totally new owner is prepared to invest some funds.
However, the ones that were clearly a front for laundering money will definitely be back. Seeing some gogo's with 180 staff and 5 customers per night will be the order of the day for a while.
As long as they can open the door and turn on the lights they have a vehicle for inflating actual revenue, procuring genuine tax invoices for salaries and utilities, plus "creative" invoices for inputs from other suppliers. They then wash the money through the bank, pay their legitimate taxes, and hey presto, 10M of dirty money is turned into 5M of clean money.
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You have a contract with somebody who did a runner. If you have their full and proper Thai name, know their registered address, and have a copy of their ID card, you might have a leg to stand on.
If however, you simply know the agent as Kuhn Lek from Soi XX, good luck with that.
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As opposed to a non-proactive crackdown I suppose. TIT.
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I can empathize with them. I always cross myself and say a Hail-Mary every time I press "submit" on my annual tax return.
And I'm a Jehovah's Witness. ????
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The best place is in Jomtien. It's called Jack 'n Daves. On the 3rd floor of a building next door to Frazers restaurant on Thappraya Road.
They're a couple of Indian dudes and they know their stuff. I've had several suits made by them and they are superb. They aren't cheap but if you want something that is well made and looks sharp, these are the guys.
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I had an Aussie mate with a similar problem with Commonwealth and he was unable to resolve it. He ended up changing the phone number registered with the bank to his son's Aussie number and liaised with him when he did the transfer to sms him the the code to authorise the transaction on the app within the time limit.
From what he told me it was a bit of a nightmare to get the phone number changed. Ironically they wanted him to authorise the change with a code that he could not receive - a bit of a circular problem. But eventually he got a sympathetic ear at the bank and they did some kind of "one off" change.
Anyway, the son got the code and sms'd him - all went well.
I'd ask him for clarification but unfortunately he passed away a few months ago.
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For a 2009 model I think most large roadside MC shops will have an aftermarket part. Certainly here in Patts I replaced panels after a lowside.
Try polishing the plastic screen with a cutting compound - it may just be faded or worn - I used to carry a water bottle there and the mini vibrations made the plastic go opaque.
Or it may be water getting behind the outer plastic and fogging the gauge itself. If so, a large MC roadside shop could probably sort you out.
If you're in Patts I suggest the shop on Pattaya Klang, about 30M up from 3rd Road heading away from the beach - a favorite place of the Thais and their parts assortment puts the Honda and Yamaha dealers to shame.
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Central bank to do real-world test of digital currency in Q2, 2022
in Cryptocurrency News
Posted
That's my very point. A government created currency by any means digital or otherwise is simply fiat currency. The US senate want to have every transaction over $600 reported to the IRS.
Couple that with tracking us by phone location and the millions of cameras, plus the need to tell the world what we're having for lunch and our political thoughts on Facebook and Twitter, if we scratch our backside they know which hand we used.