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smudger1951

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Posts posted by smudger1951

  1. 13 hours ago, rasmus5150 said:

    China will come to the rescue and buy all the bankrupt businesses.

     

    It's already starting. Failing business etc is being taken over by the Chinese. Some would call it financial aid, some would call it master-plan succeeded...

    Yes, I can believe that will happen in other countries as well. Governments will issue bonds to finance the debt and China will buy them. Companies and property will be snapped up by Chinese citizens. All part of the belt and road.

    • Thanks 1
  2. 13 hours ago, daveAustin said:

    They'll still come as most tourists won't be seeing that kind of news, or trawling this site... not that'd it'd bother them anyway. Once it's died down, only awkward visas/compulsory insurance, gov advisories etc would keep them away. 

    Obtaining a Medical Certificate and Insurance which includes covid-19 will keep numbers very thin on the ground.

    • Thanks 1
    • Haha 1
  3. On 1/27/2020 at 11:24 PM, KKr said:

    Today's Bloomberg assessment of the situation:
     "" The problem for markets, of course, is that literally nobody has any idea yet how long this will last, how big it will get, and how far it will spread. ""

    Glad for those that stay in Thailand !

    The financial consequences for people in countries with scant or no welfare and medical services are serious snd will escalate with each passing. At least LOS shut down arrivals on 23rd March.

  4. I was unable to board my fight as Thailand locked down last week, just as well. There must be so many thais who have lost their work in Pattaya and suffering financial crisis to cover food and rent. Not covered by welfare. Greatly concerning and feedback appreciated.

    • Sad 1
  5. 15 hours ago, NanLaew said:

    Oh God yes. It must be what?... maybe 40 years since I assisted with installing a dozen 26" luxury colour televisions in the maximum security wing at Peterhead prison in Scotland.

    But that is'nt Thailand is it ! Who knows what the conditions are like and best not to find out.

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