
Chongalulu
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Everything posted by Chongalulu
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Don’t think you really understand the mechanics of supply and demand,nor the other side of the equation. During the pandemic,when the oil price at one stage went negative the oil companies lost billions,as both Shell and BP are again on the $billions write downs on their investments in Rosneft and Sakhalin (I know you’ll have to Google that..). It’s a volatile business of swings and roundabouts . Yes,Putin is profiting from that by virtue of increased oil and gas revenues generated by higher prices more than compensating for reduced volumes of sanctions. That’s before even mentioning the starvation in many African states being caused by the cessation of Grain exports from Ukraine,nor the theft of some it by Russia to sell elsewhere. Consider this lesson one - basic economics…
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Apart from being yet another idea that is announced without any thought given to implementation (of which Thailand is a master !) ,anyone with any concern re medical insurance cannot treat that aspect with any confidence. Firstly, the limit 500k baht around £10k is woefully inadequate vs the £10 million (meaning unlimited) of a decent travel insurance, not to mention the merited lack of confidence in having any claim met. As others have pointed out it amounts to little more than a scam.
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Two foreign tourists rescued after battling with waves at Kata Beach
Chongalulu replied to webfact's topic in Phuket News
Will this and any resulting hospital fees be included in the 300 baht tourist charge ? Looks like it might be a good idea after all! ???? -
Unless they got jetskis, I wouldn't try to rescue an adult in rough seas either. Red flags & told not to enter ... oh well ... you can fix stupid As a BSAC Dive leader you are trained that it is quite hazardous to attempt rescuing a panicking drowning man who could very well include you in his own fate,even when trained in the correct procedure ,which effectively involves a wrestling hold from behind around his neck - which makes him grab your arm stopping his arms from entangling/submerging you. I can understand a life guards reticence… 20 years ago I swam in rough seas off karon beach (May) but I’m a strong swimmer/trained diver and was wearing mask snorkel and top diving fins. It was still quite hairy…!
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Saving is the new buzzword as prices rise in Thailand
Chongalulu replied to webfact's topic in Thailand News
While the U.K. state pension was never designed to be the sole income for retirement (more of a safety net) it will increase by over 10% in April (circa £970 per annum)under triple lock - not that retirees here will benefit! However ,most occupational/private pensions you reference put a cap of 2.5% on their CPI based increases. As far as the article is concerned,it’s very poorly written by an economically challenged individual. -
Saving is the new buzzword as prices rise in Thailand
Chongalulu replied to webfact's topic in Thailand News
I’ve been reading some proper articles on this subject... The main drivers of inflation in much of Europe relates to energy (domestic and vehicle fuel). There has been very little of the former here and while the latter (diesel) has increased it remains a fraction of the price in Europe which in actual cash terms has increased far more than the 10 baht here. Food prices have increased but the movement I’ve seen is in no small way due to the egregious retail monopoly existing in thailand . If the writer is mentioning U.K. state pensions he has overlooked the more fundamental issue of them being frozen and the cumulative yearly effective penalty ex pats endure. Next April they are projected to increase by 10+% (roughly £970 per annum) which of course retirees here won’t get. On balance though my calculations show I’m increasingly financially better off here than in U.K. ,especially as the rental market (my house is rented out) is very buoyant and increased my monthly rental by £500 in January ! -
Ah,the old schoolboy error of using anecdotal evidence in preference to properly controlled studies. I had a non seatbelt wearing uncle who crashed into a lake and claimed not wearing a belt enabled him to climb out of the car to avoid drowning. Should we now henceforth eschew seatbelts? My grandma smoked heavily all her life and lived to 100 . Should I take up smoking?
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No time travel necessary. Plenty of Comparative studies of vaccinated vs unvaccinated adjusted for age,health and other relevant factors have shown clear benefits for the vaccinated . You would be able to understand that had a time machine been able to return you to schooldays where you could have paid more attention this time…