
Adumbration
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Everything posted by Adumbration
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Do you keep the moldy heads to give to your friends?
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Russian Tourists Spearhead Foreign Arrivals in Phuket
Adumbration replied to snoop1130's topic in Phuket News
I have already started a thread regarding the Russians in Phuket. Rivers of Gold for Phuket immigration as the tea money is paid to overlook expired tourist visas and Russians working without permits. Vichira hospital is going to have a tough time of it moving forward dealing with broke Russians as well. The morons at the TAT are spruiking this as a huge spike in tourism. It is actually a humanitarian crisis. They, and the Government will realise just how serious a problem this is when the Russians are still here but have spent their meagre savings. -
I like to refer to Thailand as the land of the wasted day. Every single task here (ones that would take 5 minutes back in Farangland) take a full day. Open a bank account, lose a day. Register your car, lose a day. Sell your vehicle, lose a day. Go to the land office, lose a day.....And so on....
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Getting Covid Boosters: still a good idea?
Adumbration replied to samtam's topic in COVID-19 Coronavirus
I will be getting no further shots unless they become mandatory for freedom of travel. That was the only reason I had the first three. -
BREAKING; Nadhim Zahawi has been sacked ! by the Prime Minister
Adumbration replied to Social Media's topic in World News
Is there anyone left in British politics that has an English name. I thought this article was from Pakistan or India. -
I recall there was a thread running a few months bank where the link to the treasury website was also provided. One of the member on the thread also posted instructions on how to enter your chanote data. Can anyone post a link to that older thread? I have searched but cannot find it. Mods can you help out here? BlackCab can you help out?
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Wrong. Land prices are skyrocketing most places in Thailand right now. I was just made a genuine offer of 900K for the little house I am currently in. I bought it during covid for 270K. Land up the road for me was selling for 2.4 million per rai. Foreigner show up with his Thai wife/GF and just bought it for 4.3 rai. Rents are skyrocketing as well. I know of two seperate couples in Phuket. Both were told their rent is going up by 50%. When they objected their leases were terminated and they were given a month to get out. Once upon a time things were crazy because of all the Russians here laundering money, then the Ruble crashed and their was a dire year or two, then the Chinese arrived and things were nuts again. This time around both the Russians AND the Chinese are here. Things are going to be twice as busy as they have ever been in the tourist areas.
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Thaksin says daughter will announce his return to Thailand this year
Adumbration replied to webfact's topic in Thailand News
Now that legalised weed has been around for a while in the West lots of very bright and prominent people have come full circle regarding their views on pot. One of my favorite authors, PJ O'Rourke, is one example. In one of his early books: The Bachelor Home Companion he wrote a guide of how to behave on a list of different drugs. He was a avid supporter of recreational drug use back then. But in a recent interview I saw he commented that he now holds the view that pot in itself not that harmful of a substance, however it is definitely a gateway drug that more often then not leads to the usage of much more harmful substances. -
Thaksin says daughter will announce his return to Thailand this year
Adumbration replied to webfact's topic in Thailand News
Anutin will be the new Prime Minister. It is already decided by the person in charge. It follows that the Bhumjaithai party will be selected as the winner of the election unless Anutin moves camp. -
Australian Dollar is collapsing
Adumbration replied to Adumbration's topic in Jobs, Economy, Banking, Business, Investments
You cant trust any politicians, regardless of political affiliations. The real issue here was the criminal act by the Liberals of dismantling Australian unions. Unions are corrupt also but in their abscence workers have been systematically raped in Australia over the last two decades. -
Australian Dollar is collapsing
Adumbration replied to Adumbration's topic in Jobs, Economy, Banking, Business, Investments
The Australian dollar got a bump because of the unexpected high inflation print near 10%. The market is assuming this means that the RBA will raise the cash rate more than .25 basis points at the February meeting. If they fail to do this in the continued, criminal, and retarded attempt to try and save the Australian residential property bubble then the AUD is toast. -
Australian Dollar is collapsing
Adumbration replied to Adumbration's topic in Jobs, Economy, Banking, Business, Investments
Well written comment. Thanks for posting. The next meeting in February for the RBA is very critical. If they fail they pause or fail to raise rates more than .25 basis points it will be absolutely clear they are sacrificing the Australian dollar in favor of trying to avert a residential property collapse. Boomers have the largest voting mandate in Australia and 80% of all politicians have investment properties. So it is of little surprise that the RBA has sold its sole. Lowe and his cronies should be in jail. As for the workaday Aussie, things are about to get much much worse. 40% of all residential mortages in Australia are about to reset from covid lows of 2-3% to 6-8%. And, as I have posted here numerous times before, there has not been a single time in recorded economic history were inflation has been brought under control unless the cash rate has been increased to at least the rate of CPI. The CPI print in Australia is already heading for 10% (probably much higher already) and inflation will not be dealt with unless the RBA raise the cash rate greater than 10%. It is also my prediction that inflation will dip a little moving into the end of this year due to easing of supply constraints, but then a second wave will come in 2024. Inflation is going to be higher and stay there longer than most economists and commentators currently expect. -
Internet banking change.
Adumbration replied to owl sees all's topic in Jobs, Economy, Banking, Business, Investments
This is interesting. The only motivation I would have is that both Shopee and Lazada often offer free shipping but only through app purchase not pc. Can you confirm that you have taken advantage of free shipping (offered for app purchase) when you actually completed the purchase via Bluestacks? -
Internet banking change.
Adumbration replied to owl sees all's topic in Jobs, Economy, Banking, Business, Investments
My international SWIFT transfers are same or next day. -
Australian Dollar is collapsing
Adumbration replied to Adumbration's topic in Jobs, Economy, Banking, Business, Investments
Top economist Warren Hogan is fuming about today’s inflation numbers and has taken to Twitter to express his displeasure. Mr Hogan also said the Reserve Bank should consider a 40 basis point increase on February 7 in response to today’s data. Absolutely shocking set of inflation numbers just released in Australia. Housing and food up almost 10% over the year. Broad measure of non discretionary items up 8.4%. Major policy failure that can only be fixed with unpopular policy decisions. Sad day for the Australian economy RBA board should seriously consider a 40bp hike at the Feb meeting. They are behind the game and hoping the economy slows enough to bring inflation down. Still solid demand indicators over summer and upside surprise on core inflation suggests the early pivot hasn’t worked -
Australian Dollar is collapsing
Adumbration replied to Adumbration's topic in Jobs, Economy, Banking, Business, Investments
Ah Ha....finally an economist has announced the opinion I have been posting on here for months. That the RBA needs to raise harder and faster, that a cash rate north of 5% is needed, and that inflation will be higher and for longer than anyone expected: Economist Steve Miller as advisor at asset manager GSFM said today’s hot inflation data “reaffirms the notion that the RBA’s comparative caution in raising the policy rate was at best premature and at worse egregiously misplaced.” Mr Miller went on to criticise the Reserve Bank’s failure to raise interest rates fast enough in response to early signs of price inflation after the money printing in response to the pandemic lockdowns. “The missteps in RBA communication through 2022, including the ’no increase in the policy rate before 2024, have been well documented,” Mr Miller said. “However, it is more important to recognise that the substantive error that led to that flawed policy communication was the underappreciation of persistence, magnitude, and momentum in inflation. That underappreciation continues. “It is not clear that the RBA has learnt the lessons of both recent (post-pandemic) history and lessons of decades past (the high and persistent global inflation of the 1970s and, in Australia’s case, well into the 1980s). “In my view, the RBA should now be possessed of an acute inflation anxiety as it approaches policy determination in 2023 and that a policy rate well in excess of the 3.60 per cent previously implied by domestic interest rate markets may be a more optimal path to long-term sustainable growth in activity and employment.” -
More than a decade ago I was extorted at a New Years Eve checkpoint in Thalang Phuket. It was just after dark and they were basically pulling every vehicle over to get as much money as possible. When I drove back past the check point a few hours later (no other route available) it was still set up but no police. They had taken off to spend their windfall on booze and hookers.