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warcy

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Posts posted by warcy

  1. 1 hour ago, PatrickC said:

    Predictable and to be expected.

     

    It has become very obvious that no tourists will be let into Thailand this year and probably not in Q1 of next year either. Q2 earliest

    I think it will be January next year just in time for Chinese New Year tourists. They wouldn't want to miss that.

     

    All other tourists are insignificant in numbers compared to the Chinese.

     

    Anyway, Russia has already announced a vaccine.

     

     

    • Haha 2
  2. On 8/10/2020 at 2:29 PM, lemonjelly said:

    With the high amount of outbound flights being cancelled, what’s going to happen to foreigners still in Thailand after 26 September if their flights have been cancelled? I can’t understand the Thai government’s stance of kicking them out of the country in these terrible times.

    Penalty fines.

     

    If you overstayed more than x months, you will be banned from coming to Thailand for x years. It has been a rule for many decades.

    • Confused 1
    • Haha 1
  3. 4 hours ago, AverageBloke said:

    It's really quite interesting because in the last 5 years Russia and China have been working towards a trade agreement that will exclude the US dollar. This could have huge ramifications regarding their reserve currency status. These uncertainties tend to make people very nervous and that is probably another driver for gold. 

     

    I thought Russia has huge amount of oil, why do people need to buy from the Arab countries?

  4. 4 hours ago, darrendsd said:

    It depends on what visa you are on or were on?

     

    For example my ED Visa finished in May so I am on the amnesty - I can't obtain another ED Visa because I need to leave and re enter the country (Visa Exempt) in order for Immigration to be able to convert it to a ED Visa again

     

    Can't you just extend your ed visa? Why do you need to leave the country? It baffles me.

     

  5. 1 hour ago, Brunolem said:

    But it is losing value, a lot! 

     

    Since the creation of the Fed, a little more than a hundred years ago, the dollar has lost 98% of its value against gold, and in purchasing power. 

     

    What keeps the dollar going is that it is the world reserve currency, and notably the currency used to buy and sell oil. 

     

    But more and more countries are getting fed up with the US abuse of its privilege, and the pressure is growing. 

    Why must people buy oil using US dollar? Can't they just buy using the currency of the seller? eg. Saudi Arabian money

     

    What do you mean by world reserve currency?

    • Sad 2
  6. 23 hours ago, Brunolem said:

    "If all the forces that are possible combine, gold could be 3 - 5k USD this decade."

     

    I see gold going way beyond 5K by the end of this decade, because most Western currencies, starting with the USD, are in the final phase leading to their intrinsic value, which is...zero!

     

     

    I really don't understand how the US can just print and print money without losing value. If every country print more money, nobody needs to work anymore.

     

     

     

     

     

  7. @Pilotman

     

    Those who are happy usually stick in their own circle of foreign friends, they don't really mix with Thai people.

     

    Those who are unhappy usually mix a lot with Thai people and know that what foreigners usually say about Thai people being nice, polite, honest all these are NOT true at all. There are lots of rude, unreasonable Thai people around. They like to scam foreigners.

     

    I guess it is the language barrier for the first group who stick with their circle of foreigners.

    • Like 1
  8. 10 hours ago, AndrewMciver said:

    And that's how the virus will return. 

    There are more chances of catching the virus from Americans than Chinese.

     

    Chinese have the virus well under controlled, as for America, look at who is the top ranked country with the most virus.

     

    The number of Chinese visitors to Thailand in Jan to Mar this year well exceeded any other country.

    • Confused 1
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