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Thai Baht (THB) - Depreciation ahead ?


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On 1/17/2022 at 5:24 AM, DrJack54 said:

And therein demonstrates why I live in a place opposite to what your describing.

You would be my neighbor from hell.

 

Fortunately you would not be permitted to do any of that in the condo building where I live.

Your "friends" would not be allowed in. 

 

If your music troubled me I would report and problem solved.

Some places have rooms owned by folk that sub rent them (often Airbnb or similar). Often causes problems.

Not possible where I live. No private ownership. 

 

 

On 5/2/2022 at 2:17 AM, RichardColeman said:

Should read some of the daftest pensioners who cannot be bothered to go back to the UK to reset their pension to current amounts

 

On 6/2/2022 at 4:44 PM, Chivas said:

Yet another that simply cannot grasp there are two currency pairings making up the bottom line number crunch

There is no "direct" exchange rate between Sterling/Baht

Only the USD as the worlds reserve currency has that privilege against every other fiat currency

 

Start of 2005

Sterling/Dollar was $1.87

Today its $1.25

Therein lays a huge part of your 74 back then and 43 today......

 

Well said Chivas.  In addition, the UK has a huge welfare state to finance which Thailand does not.  Also the Thai debt to GDP is at a manageable 50%.   Whereas the UK debt to GDP is 85% - which is getting close to the point where paying down the debt becomes very difficult.   

Edited by Adelphi
typo
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19 hours ago, Mavideol said:

am with you, Euros and USD both good for me  555

Yes! Yes! I want to bring some of my Monopoly Euro here...

But wife says: Wait! Wait! When Euro @ 38 you make transfer.

 

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