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Everything posted by timendres
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Thai baht predicted to appreciate amid expected US interest rate cuts
timendres replied to webfact's topic in Thailand News
Emphasis on "newly created jobs". If we see a serious recession, companies will cut jobs. However, I believe you are correct that, outside of recessions, unemployment should remain quite low for many years. Unless AI and robotics change the landscape dramatically. -
Thai baht predicted to appreciate amid expected US interest rate cuts
timendres replied to webfact's topic in Thailand News
I did not state that I "know what the Fed will do". I talked about their likely actions within a given context. The Fed has two mandates from Congress - price stability and full employment. They have a third "mandate" that is not from Congress - stability of the financial system. They are achieving their price stability after the recent inflation spike. This does not require them to reduce rates, and they will be inclined to keep them high for fear of re-inflation. However, the yield curve inversion, and slowing economies in Europe and Asia, suggest unemployment is the more likely force on the horizon. If unemployment remains low, interest rates will remain (relatively speaking) high, unless the third mandate comes into play. If unemployment marches higher, rates will come down. So, if you say that I cannot predict unemployment or inflation or bank stability, then you are absolutely correct. But I can predict what the Fed will do once those forces are determined. Anyone can. -
Thai baht predicted to appreciate amid expected US interest rate cuts
timendres replied to webfact's topic in Thailand News
The Fed will begin cutting rates as soon as unemployment begins to show consistently rising numbers, or the financial systems (banks) begin to show trouble that cannot be contained by reasonable measures. Both are possible in 2024. However, this scenario, especially rising unemployment, will be the result of recessionary forces, which we already see in virtually every other major economy. That will, in turn, affect Thailand negatively both in exports and tourism, which will likewise make the THB weaker. -
U.S Social Security Payments Late?
timendres replied to Mitkof Island's topic in US & Canada Topics and Events
I have found that email support from Manilla is typically good. Rarely took more one or two days to get a proper reply. And... I also got my deposit on the 3rd. -
Cambodia e-visa
timendres replied to brianthainess's topic in Visas and migration to other countries
It was silly of me. I had not left Thailand for 11 years, and I had some older 100's from the US. I was hoping to move them in Cambodia, as no exchange will accept then here. I was ultimately able to spend them in a couple of restaurants. -
Cambodia e-visa
timendres replied to brianthainess's topic in Visas and migration to other countries
And the hassle of needing acceptable $100 bills. I showed them 2 different 100's and both were refused. Fortunately I had a $50 bill that they would accept. -
It is my understanding that the matter is not a question of "number of border runs", but more a question of time spent in the country. Three months, or roughly 90 days, should not cause a problem, if managed properly. It could easily be seen as an extended "South East Asia tour". The two week stay in the Phills will make it appear more so. Even better if you have another long stay on the second border hop. Say in VT or KH. I think entering via air will be best, and be certain to be able to show your exit flights. It would be even better if on the final entry, your return flight is back to your home country. If you had all flights booked ahead, then if there were any real questions, you could show your intent to "tour" SEA and return home. The real problems start when you spend more than 120 days in Thailand within a 12 month stretch. A friend recently spent 6 months in Thailand doing border hops every 30 days, but began to get interrogated on the last two entries.
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Bitazza Exchange: A Foreigner-Friendly Alternative to Bitkub
timendres replied to racket's topic in Cryptocurrency News
NOTE: As usual, US passport holders are not accepted. -
MBK will have tons of used iPads for sale. Also, Fortune across from Central Rama 9 has many vendors selling used iPads. I prefer Fortune, but MBK is likely to have more choices. As noted above, the battery is the biggest concern, although it is easily replaced when it the time comes.
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Fast Track thru Suvarnabhumi
timendres replied to jimmybcool's topic in Thai Visas, Residency, and Work Permits
Also want to know! What qualifies for "Long Stay" to use that fast track? Does that apply to those on retirement extensions? -
Tragic end for fruit vendor in Chon Buri under hallucination
timendres replied to snoop1130's topic in Pattaya News
Yes, he was only 31. Especially so if it was due to something like schizophrenia, which is so difficult to manage. -
Pregnant Thai woman with autism accuses father of raping her
timendres replied to webfact's topic in Eastern Thailand News
Have you actually met any human beings? -
Udon Thani school coach and sponsor face further child abuse charges
timendres replied to webfact's topic in Isaan News
In the case of football teams and the like, just having one mom there during practices and such would go a long way to ensuring safety. The moms could rotate the duty to reduce the burden. These predators need to hide their activities, and the moms have a vested interest in preventing that. I believe they would also notice any untoward behavior more quickly than others might. Simple and effective. -
Cannot connect from laptop to external Dell 27” screen via hdmi
timendres replied to NewGuy's topic in IT and Computers
Often times, HDMI issues are caused by purchasing very cheap cables. So sometimes just purchasing a quality cable can fix the issue. -
It is not an exaggeration in LA or SF or Chicago. Major cities are struggling with these problems. That said, the US is a very large country, and these areas represent a very small portion of the country in a "square miles" sense. Unfortunately, they are very densely populated, so the problem is quite extreme. There are many places in the US, like my home in the Upper Peninsula of Michigan, where it is quite like Mayberry R.F.D. (very much like the "stereotypical" US in the 60's or 70's). There are so many small and medium sized towns in the US where they simply struggle with the same issues they have faced for decades - poverty and unemployment. But they are quite reasonable to live in if you can find decent employment. So, no, the entire US does not look like these videos. But go to any of these major cities that defunded the police, did not properly plan for the homeless and mentally ill, or are inundated with the tsunami of immigrants pouring in, and it will look a lot like these videos.
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You are quite right. And the Usufruct, being the best option in some cases, should be used appropriately. Just keep in mind that there is no 100% safe option for the many risks we face in life and plan accordingly.
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Man Dies from Stab Wound in Patong after Alleged Karaoke Fight
timendres replied to webfact's topic in Phuket News
I enjoy them from time to time. But I keep my mouth shut, check the bill with every delivery, and pay the total no matter what. -
Don't need horror flicks. Just AseanNow:
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Unfortunately, electric vehicles are making the "Listen" part less applicable. I am constantly shocked when they sneak up on me.