Is A Water Tank Necessary?
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13
Thai Tourism Unfazed by Security Warnings, More Concerned with Scams
When there were visas for India ... they needed to show proof of a hotel booking. I am not exagaurating when i say this - they are sharing masses into one room. Same with some Chinese. It was needless. -
163
In defiance of Trump, I think Nato should put troops on the ground in Ukraine.
Yellowtail.... I made that observation by the fact that other contributing western powers were excluded from his little tete a tete I think in Saudi and the bizzare comments who started the war, Zel. was a dictator etc. -
17
Is This the Start of the Trump Market Crash?
As Winston Churchill said, "It's not the beginning of the end; it's not even the end of the beginning". There are significant historical peaks in markets that become part of history. December 2024 may well prove to be one. For all you dip buyers, go ahead and bet your life on a rebound. The clown in the White House has an uncanny ability to destroy everything. His tariff talk is not some 3-D chess; it's making foreign nations ignore him until he finally makes up his mind, and the equity market is reacting as it usually does to uncertainty. Stagflation is coming, because his policies will not only crush growth but cause significant price rises. His silly lie about 'auto plants being built' (because of tariffs) is absurd, except to the dumb MAGAs who think one can design an entire auto plant in a day and break ground on construction. His ta cuts will juice the yearly deficit by $900 billion, and matched against DOGE's measly savings of $2.7 billion (per the Wall Street Journal) are going to present a problem for the Fed in terms of controlling rates. Foreigners, who own 30% of US debt, remember the President's comment about defaulting on foreign-owned debt if needed. If they go on a buyer's strike, rates will soar to >10%, which would make the equity market overvalued by about 70%. After the market peak in 1929, it took until 1954 for the averages to reach the 1929 level, and that was only because indices replaced bankrupt companies. The Nikkei peaked at 38,915.87 on 28 December 1989, and did not hit that level again until 2024---and that after tumbling all the way to 7000. Many of the folks claiming there's a "buying opportunity" coming are unlikely to live long enough to see gains, if history of market peaks is any guide. Better they buy MAGA merchandise to toss in the box with them when they pass on. The consensus is that this recent fall is a blip, and the up trend will soon continue. The consensus is usually dead wrong. Also, after the kind of rout the market has seen in the last two months (especially stocks like Tesla), there tends to be a lot more fear. I don't see any fear, which suggests everybody who wants to be in the market is already in. That is not good. Markets do not announce tops. Real tops come when the majority is convinced it's just a blip. That consensus view could be the harbinger of a total rout, and we'll look back and say "we should have seen it". -
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Bangkok Condo Owners and Agents Arrested for Illegal Rentals
Watch Condo sales plummet and developers start to squeal -
78
Donald Trump is a coward
Looked like DEI hires for the most part. Remember the portly female agent looked flustered and unable to shield him from any other deranged leftist snipers. He has well trained hulking dudes now to guard him. Wonder why? But then I doubt she expected Trump to bounce back to his feet, fist pumping. What a HERO. No wonder you guys are still wah wah wah'ing over it. I think you all knew at that moment your dreams of a woke pathetic Harris/Walz administration just evaporated into scotch mist. Thankfully. -
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Can I switch my Visa Status from Retirement Primary to Dependent and My Wife to Retirement
I think it can be done if the money part is done right. We go in next week for renewal. I just wonder if I need to keep the 800,000 in my account for the next 12 months and put another 800,000 in my wife's account for the next 12 months. then after 12 months I can start using the 800,000 ??? I'd hate to fall short. There is a new office in Phuket for the retirement visas. There is "chatter" that they are more accommodating and helpful than in the past. I will try to ask and see what they say. If I get any type of reasonable answer I will post it here. Thanks.
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