BumGun

The implication is money laundering is why the business exists i.e they're laundering money via their ostensible "legit" Thai business and that's unfair competition

Cipploa and John Stuart Mill help explain why, see Rule #3 and Rule #4 explains why you struggle to understand These are Cipolla's five fundamental laws of stupidity: 1. Always and inevitably, everyone underestimates the number of stupid individuals in circulation. 2. The probability that a certain person (will) be stupid is independent of any other characteristic of that person. 3. A stupid person is a person who causes losses to another person or to a group of persons while himself deriving no gain and even possibly incurring losses. 4. Non-stupid people always underestimate the damaging power of stupid individuals. In particular, non-stupid people constantly forget that at all times and places, and under any circumstances, to deal and/or associate with stupid people always turns out to be a costly mistake. 5. A stupid person is the most dangerous type of person. ----- "I did not mean that Conservatives are generally stupid; I meant, that stupid persons are generally Conservative. . - John Stuart Mill

but that's VERY simplistic way to look at it because you conveniently left our opportunity and sovereign risk, amongst other risks , not to say that's not a consideration If 10 years ago you had invested in say Nvidia and Amazon shares with your capital and then paid rent to live in Thailand, you'd be far, far ahead now ie opportunity cost Governments change and they decide to change the laws and you aren't allowed back in as they are not permanent resident ie sovereign risk eg some people who purchased property in the US and have legal status but can't get it renewed will be nervous, or even because they have an unpaid parking ticket 10 years ago. If you can' get your retirement visa renewed because they changed the base requirement to 8 Million Baht in the bank , then what ? Purchasing property to live in is really about a lifestyle choice, somewhere to hang your hat and call home but if you're not a citizen, you are their as a guest who can be kicked out. If you're happy with that, go ahead. I'd never look at it as an investment though. As to Australians, they are property weird, because to them purchasing property is mostly a no brainier if you can afford it, there's no real analysis or due diligence necessary (flood plains and coastal erosion aside) as its heavily subsidised by the government in terms of tax relief and supply is severely restricted by government, so prices just go up and even insurance is often subsidised by government eg northern Australia in uninsurable so government stepped in as the underwriter (similar to much of the US with the NFIP ). Aussies then assume the same everywhere ie a business plan is 1.Buy property 2. ???? 3. Profit !

Who says this ? Most sane people want addiction treated as a health issue not a criminal issue.

You should see Manila 🙂

How ? Does no one check in the UK ? One arm of Government knows you left the country, via your passport. Here in Australia they stop it.

Should get a much better railway system out of it, so its not all bad 🙂 You do know they are already bowing to someone so not much different there.

"The only function of economic forecasting is to make astrology look respectable." — Ezra Solomon, Professor of Finance, Stanford University "There are three kinds of people who make predictions on the market – - Those who don’t know; - those who don’t know they don’t know; - those who know darn well they don’t know and get big bucks for pretending they know” - Burton Malkiel

Same as going to the football except you sit on a chair ? (I don't do either, nor do I drink, so they both remain equally mysterious as to motive) Though to be fair, i'd be more inclined to float down a river in a tube then go to the football

Fraud and other criminal undertakings normally. I can't speak for K Bank and Thailand but it happens semi-often in Australia and it also happens there are false positives, under the law they are not allowed to tell you why, your accounts are just closed if they meet particular criteria (they aren't allowed to tell you what that criteria is). It's why many people move to crypto but to get cash, you still need an exchange and of course most crypto has a block chain and can be traced (assuming you haven't washed it or aren't using an anonymous token like Monero). It could be they were lax and are now tightening down, could be a false positive, could be new legislation. We plebs will never know.

Having lived there in 2010/2011 and not drinking, smoking or doing drugs, i enjoyed it thoroughly and have fond memories to this day. I did see a lot of westerners getting smashed and riding around drunk on their scooters and several dieing and I'd suggest a more likely outcome based on my observation. I have lived in Thailand, The Philippines and Cambodia. I prefer The Philippines. I am back in Australia because I prefer the air here and have a house here I own. I was recently again in The Philippines and was looking at a condo in Makati, walking about Makati and it seems like many big cities in the world if that's your thing ? I "retired" at age 35. I won't be entitled to the Australian pension at 67 because I have too many assets, the public pension in Australia is means tested. Not all of us are on the bones of our arse. I did spend some time in Laos last year and liked that as well.

Wasn't there a thread from some guy on here who had overstayed for a decade (or more) and wanted to know what might happen when he went to leave ? A pity the thread was locked. i'd have loved to have know if it went well for him, could have show him this article 🙂 I'm curious as to how she was let back into the country if she was booted out once before ? As to the quips that this is only an article because she's a pretty girl, maybe they are unaware of how the world works ? I also have zero idea why she's not been bailed by one of her dozen boyfriends. Whole story is bemusing really 🙂

Of course he is, until the court says otherwise. It's the same tragedy when people assume guilt over rape or child porn or murder whatever, for now the dude IS innocent. Presumption of innocence should be a fundamental right 😞 This is what happens when the internet piles on with guilty until innocent https://www.bbc.com/news/uk-england-cumbria-64943465 https://www.dailymail.co.uk/femail/article-8718345/Sister-boy-17-killed-falsely-accused-rape-shares-ordeal.html https://metro.co.uk/2018/03/19/man-took-life-fake-rape-claim-left-living-hell-7397912/

bring on electric bikes ! 🙂 Quite few e type step thru bikes in Luang Prabang when I was there, quite as.

Thaksin wants Phuket to be one of the anywheres ? I have a small (tiny?) holding and have had for many years, skin in the game to better understand it. Only thing I have left is Ripple, Nano and Etherium as to my mind they have uses.