Tubing Still Active In Vang Vieng (Laos)?
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No more physical passports!
Digital Passports Are Coming — But Physical Ones Aren’t Going Anywhere The UK government is rolling out a GOV.UK Wallet app by 2025–2027. This will allow people to carry digital versions of passports, driving licences, veteran IDs, and more on their smartphone -
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Report Cambodia Covers Costs to Secure Return of 20 Artefacts from Thailand
Tomorrows' Newsflash:- Cambodian artefacts, being returned to country of origin, stolen during transport before crossing the border! -
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Texas Floods
"When we learned of the climbing death toll, including some two dozen girl campers at the beloved childhood nirvana of Camp Mystic, it was impossible not to think of Musk and Trump’s thoughtless, ill-planned hacking away at the professional expertise in government agencies like the National Weather Service. Six hundred NWS staffers were dispatched, including the warning coordination meteorologist in the Austin-San Antonio office, who took the DOGE buyout last spring." https://tinabrown.substack.com/p/orange-lotus-how-the-trump-show-outwits -
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Economy Trump Dishes Out 36% Tariffs in Shock Move Against Thailand
I'm thinking Thai arrogance had a role to play. Well they've got a few more weeks to recognise Trump has more economic power and the only way to reduce the 36% is to accept Trump has the upper hand. Like Vietnam has done. Vietnam will surge whilst Thailand will suffer.- 1
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Please recommend some Pattaya condominium
You are correct that banks can adjust mortgages, but only if you have selected an adjustable-rate mortgage. If you don't want that uncertainty, choose a fixed-rate mortgage, and buy only what your income can afford. You are also correct that real estate prices can drop. That is also true for other investments, such as the stock market. You need to be prepared for some ups and downs whatever investment you make. But, as with the stock market, the long-term trajectory for real estate is upward. The very first condo I bought in America, years ago, cost me $60,000. Did a quick check and saw a similar 1-bedroom listed for $290,000. That's an upward trajectory, long-term. Even if the value of your property temporarily drops, it doesn't mean you will be kicked out and lose your home. That only happens if you fail to meet your financial requirements of home ownership. One can also be kicked out as a renter for the same reason. No answer for either except be responsible and don't try to live a Rolex lifestyle on a Timex income. I mentioned in my earlier post that the last condo I bought in the US for $170,000 is now worth $274,800. What I didn't mention, although I have spoken about it in other threads, was that after I bought it, in 2009, the condo's value dropped to $160,000. Did I actually lose $10,000 cash folding money though? No, because I didn't sell at that time. I did not, in your words, 'lose everything' when the price dropped, and would not have even if I had sold then. Just $10,000 lost of a $170,000 investment. Not $170,000 --'everything'--lost, had I sold. The price drop was just on paper. Nothing else changed financially--the monthly condo fee stayed the same, the mortgage payment didn't change. If I could make the monthly house 'nut' before, the price drop would have no bearing on my making it in the future. And, I still had a roof over my head and was not homeless. With that condo, I waited until the housing market recovered and I sold it at a small profit, as I was now living in Thailand and I didn't want to be an absentee landlord. With real estate, or the stock market, you can have on paper losses. A few months ago, on paper, my stock portfolio dropped when Trump first started tinkering with tariffs and the market panicked. On paper, it dropped about $15,000. But, again, I didn't actually lose $15,000 in cash out of my pocket because I didn't sell any stocks at a loss. My portfolio has since recovered and hit an all-time high last week, although it was down yesterday. Ups and downs, for sure, but more ups, long-term, with both real estate and the stock market. -
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