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drguid

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Posts posted by drguid

  1. I had an offer to teach in a Bangkok school but I told the agency I wouldn't re-sign the new contract as there's just too much uncertainty. Oh well, it was only one of those 35K contracts anyway.

     

    I've thought about doing a PGCE (Secondary Chemistry) in the UK. I taught for a couple of years in Chinese universities and really enjoyed teaching, but after what happened there it's unlikely I'll ever want to go back.

     

    I'm almost 50 now so I wonder whether the PGCE would be worthwhile. I used to work in IT. In fact I may or may not be starting an IT job next month, but again there's just too much uncertainty right now. I found IT's not an easy career either when you're approaching 50.

     

    I've tried teaching online but the market leader (vipkid) are really picky and the others are shady (for example they want you to install Chinese apps) or they only pay by PayPal (which I don't have).

     

    My saving grace is that I'm not broke like the majority of English teachers I worked with in China. To be approaching 60 with no pension at all would be truly scary.

    • Like 1
  2. The Eurozone can't agree on a bailout. The UK chancellor is giving away millions to anyone who complains.

     

    Markets haven't yet priced in that it's going to be incredibly hard to restart global travel, so the Baht is riding high for now.

     

    Also it will take a few more weeks at least for countries without bailouts to start disintegrating...

  3. Thailand may reopen but who will come?

     

    China's economy must be crashing and burning as Western companies cancel orders en mass.

     

    Most Western countries are doing a terrible job of handling the virus (especially the UK). When I flew back from China in February all Heathrow had as corona defence was a few posters on the wall. There is still practically no testing, and half the population believes the WHO's line on face masks. Still workers in the major supermarkets have no masks, and there are still way too many people milling around (especially those in vulnerable groups).

     

    I have no idea if I have/had it. I got offered a job in Thailand and would love to take it up as the thought of staying in the UK in the Autumn terrifies me.

  4. I'm in the UK right now. It's pretty scary and I'm dreading the Autumn. I had a sore throat a couple of days ago. I was convinced I got the virus from the chip n pin machine in Sainsburys. I doubt the checkouts are ever cleaned in supermarkets. The only worker in there wearing a mask was an Asian. I got some backchat from a guy telling me that "masks don't work". I asked him where he did his PhD in microbiology.

     

    Having said that I live on the seafront and it's good to see so many ordinary people taking the lockdown seriously. About the only people I see out are people in wheelchairs with many underlying health problems (I kid you not...).

     

    I have some doubt about Thailand's figures. On the other hand viruses don't seem to like the climate. I had a cold once in Bangkok and it went in a couple of days. This might be bro science but if you look at the UK's stats the virus seems to be fizzling out in the SouthEast and SouthWest where we've been blessed with pretty much non-stop sunshine and unseasonably warm weather.

     

    I have no idea where Thailand goes from here but tourism is effectively dead for this year and next. Thank goodness they pumped the majority of all that money from the boom decade into pretty hi-rise apartment buildings.

    • Like 2
  5. I fled my teaching job in China in January and fled to Thailand where I stayed for 3 weeks. Since then I've had a lingering cough which started in Bangkok. I thought it was due to the PM 2.5's but maybe it was covid. Who knows.

     

    All I know is Suvunmarmi and Heathrow gave next to zero <deleted> when I passed through them earlier in the year. Suvunmarmi had a heat sensor and a person pleading with the crowds to walk past it one at a time. Heathrow had some warning posters.

  6. I fled China (via Thailand) and now I'm back in the UK. People in the UK are gradually getting the message but my sister (a teacher) is still thinking... hmm I could go and private tutor these kids...

     

    They still do not get it.

     

    Anyway, I have increased my cash and food stocks and now I'm buying Personal Assets Trust (PNL). It holds treasuries, gold and all the 'last man standing' stocks. I am looking at silver and palladium but there is still more deleveraging to come.

     

    I still hold a tonne of THB notes from when I fled China which I guess is marginally safer than GBP.

     

    Personally I think GBP is now in serious trouble as helicopter money will be the only way to keep "but I have to go to work" people happy.

     

    It is way too early to buy stocks given that markets suggest there's a 33% chance of Boeing going bust!

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