Australian Aged Pension

[jas007]

Just a bit of advice for any expats here who may not have any kind of savings in a Thai bank, but instead rely on monthly transfers from their home country.

 

Perhaps you should consider the possibility of a widespread internet outage lasting for weeks or months. What would you do? It may sound far fetched, but given all the strange “coincidences” we’ve seen lately, maybe it can happen.  Maybe it’s time to pay some rent far in advance.  Maybe it’s time to set aside some cash in Thailand.  

[GypsyT]

I'm waiting when Google and Apple go down...

It's not "if" but "when".

Cash is King again.

 

[jas007]

1 minute ago, GypsyT said:

I'm waiting when Google and Apple go down...

It's not "if" but "when".

Cash is King again.

 

Unfortunately, you may be right.  Something odd is happening, I think.  Anyway, people should have a backup plan for the time between now and the inauguration of the next president.  Longer term, there also the issue of central bank digital currencies that can be turned on and off at the whim of the bankers and politicians.
 

Did you know that Crowdstrike servers are located in Ukraine?  And the same company was involved in the Russian collusion thing.  

[GypsyT]

... and this Russian company has LOT OF US and world wide info about companies and people.

 

"Kaspersky Lab is a Russian multinational cybersecurity and anti-virus provider headquartered in Moscow, Russia, and operated by a holding company in the United Kingdom."

"The US government has banned sales of Kaspersky security products in the United States. Kaspersky's credibility with the US government has been in decline"

 

 

Edited July 20 by GypsyT

[novacova]

25 minutes ago, jas007 said:

What would you do?

What I have always done…a few chunks of gold lots of cash ฿&$ in the safe.

[impulse]

36 minutes ago, jas007 said:

Perhaps you should consider the possibility of a widespread internet outage lasting for weeks or months. What would you do? It may sound far fetched, but given all the strange “coincidences” we’ve seen lately, maybe it can happen.  Maybe it’s time to pay some rent far in advance.  Maybe it’s time to set aside some cash in Thailand.  

 

I hadn't even considered the implications for those who have to show monthly incoming money just to stay visa-legal.  Wouldn't it be a kick in the nuts to get knocked back at your next extension for missing a month, no fault of your own?

 

[jas007]

12 minutes ago, impulse said:

 

I hadn't even considered the implications for those who have to show monthly incoming money just to stay visa-legal.  Wouldn't it be a kick in the nuts to get knocked back at your next extension for missing a month, no fault of your own?

 

Yep.  Some people are already on thin ice, and yet it’s beginning to look like the banking systems if the world may not be 100% reliable, going forward.  

[Seppius]

Aside the money angle, back up all important data,files and photos to external h/d or usb stick