FiftyTwo Posted December 22, 2013 Share Posted December 22, 2013 This site should be renamed thai-retirement-visa.com. There are a few couples living here who are married to Europeans, Americans, Japanese etc. Not everyone fits in to this stereo typical model of old farang, young money grabbing thai who cant speak English. I'm thinking less than 1% of the foreigners in Thailand don't fit into my model. I only actually know 1 couple in CM, NancyL and her husband, and a few single women. Link to comment Share on other sites More sharing options...
GAZZPA Posted December 22, 2013 Share Posted December 22, 2013 I don't understand how people are better off.The baht loses value so imports cost more, and that includes the raw materials or parts for manufacturing. Look around and everything seems to cost more in the stores. Even the street sellers surprised me with smaller portions, less meat or fish or lower quality in the dish. The Thais get a raise in the minimum wage but things begin to cost more to pay for it. Go to the market and buy a week's worth of groceries and ask yourself it they cost more. Maybe I am dreaming, but I think prices are rising as fast as the baht is falling. Maybe someone who already has everything he needs such as a condo and car or scooter and furnishings, etc. will see some temporary relief until he needs to replace it. Yes, I can buy more baht with dollars, but will those baht buy more in the long term when they are worth less? Just asking... in Thailand prices are rising with the Baht getting stronger, prices are rising with the Baht getting weaker and prices are rising with the Baht going sideways. basis of my claim: 40 (forty!) years of Thailand experience That's what a poor government does for you, a decline in standard of living for the masses. Link to comment Share on other sites More sharing options...
FiftyTwo Posted December 22, 2013 Share Posted December 22, 2013 in Thailand prices are rising with the Baht getting stronger, prices are rising with the Baht getting weaker and prices are rising with the Baht going sideways. basis of my claim: 40 (forty!) years of Thailand experience That's what a poor government does for you, a decline in standard of living for the masses. It's what every government in the world is doing, the masses are hurting worldwide. Link to comment Share on other sites More sharing options...
IBoldnewguy Posted December 22, 2013 Share Posted December 22, 2013 The weaker the Thai Baht, the more Foreign Tourists will come here and spend money to keep Thai Nationals Employed.And in another similiar thread, there is a guy who thinks people like me & you are selfish coz we are hoping for the baht to sink. As the guy mentioned, we are only thinking of ourselves.Sent from my GT-I9200 using Thaivisa Connect Thailand mobile app But who is not thinking of themselves? Even the most altruistic "save the world" person is thinking of themselves - for if they save the world are they not saved (in one form or another) also? Survival is a selfish trait - however most of us would like some company on the journey. Link to comment Share on other sites More sharing options...
flyingdoc Posted December 22, 2013 Share Posted December 22, 2013 The baht will rebound back, so for those that want to capitalize, you had better do it now! 1 Link to comment Share on other sites More sharing options...
FiftyTwo Posted December 22, 2013 Share Posted December 22, 2013 The baht will rebound back, so for those that want to capitalize, you had better do it now! I think it's at the start of a serious and lasting decline. Wait, 70 to UKP in 6 months. Link to comment Share on other sites More sharing options...
GAZZPA Posted December 22, 2013 Share Posted December 22, 2013 Basically it's all about luck and timing, up and down.Take advantage if it falls, if you can..I am looking for 57...This isn't a moral issue it's just a period in time of a fluctuating economic cycle..which will for a short time favor the west ( it would seem), sry its about production, highs and lows represent the rarity of commodity. a commodity that is plentiful will have a low price and a rare commodity will be expensive. the highs and lows you are referring to today represent the tsunami of fiat money rushing around the world into computer reciepts for a physical commodity. basically the market today reacts violently to the central bank and the speacial bank who can borrow drectly from the cental banks printing/lending the money. there is another element to this that adds a very dangerous mechanism to the game, its related to interest rates. you are right, you can make money using these highs and lows. but there is a really evil problem growing, you can see the progressive stages of this in backwards countries all over the world. People need to be preparing and educating their children because each generation will have an extremely harder time to live the same quality of life like the previous generation. usually a person in a high position will pull the plug accidently cause a massive spike in interest rates exposing the game any way... but people will still blame the jews or something Unfortunately even though your logic is sound commodity is all too often not governed by demand anymore. It's governed by people playing the markets. For example, why does fuel rise in pricing so much? There is still gas at the pumps and people can still buy fuel but when it becomes more popular as more cars appear on the road the price rises,, this doesn't fit with your logic. The sad state of affairs is that speculation and sentiment is effecting global prices more then actual demand on a lot of commodity products. The people playing the markets get richer of course but the man in the street will see the consequences of the manipulation of the markets, usually in higher pricing. This is fundamental issue in stock markets today, too much gambling and not enough real trading.,, why? because it can generate huge amounts of money very quickly. 2 Link to comment Share on other sites More sharing options...
arnold40844 Posted December 22, 2013 Share Posted December 22, 2013 This site should be renamed thai-retirement-visa.com. There are a few couples living here who are married to Europeans, Americans, Japanese etc. Not everyone fits in to this stereo typical model of old farang, young money grabbing thai who cant speak English. I'm thinking less than 1% of the foreigners in Thailand don't fit into my model. I only actually know 1 couple in CM, NancyL and her husband, and a few single women. The 2011 figures say that 47% of expats moving to Thailand were over 55, this number has been dropping since then, I don't have the figures for 2013 but I would imagine they are closer to 36%. around a third of expats in 2012 were under 32...... Just saying this site is for all of us and we are not all here under the same circumstances. Link to comment Share on other sites More sharing options...
chiang mai Posted December 22, 2013 Share Posted December 22, 2013 This site should be renamed thai-retirement-visa.com. There are a few couples living here who are married to Europeans, Americans, Japanese etc. Not everyone fits in to this stereo typical model of old farang, young money grabbing thai who cant speak English. I'm thinking less than 1% of the foreigners in Thailand don't fit into my model. I only actually know 1 couple in CM, NancyL and her husband, and a few single women. The 2011 figures say that 47% of expats moving to Thailand were over 55, this number has been dropping since then, I don't have the figures for 2013 but I would imagine they are closer to 36%. around a third of expats in 2012 were under 32...... Just saying this site is for all of us and we are not all here under the same circumstances. Link/source else it's not true, please. Link to comment Share on other sites More sharing options...
taff33 Posted December 22, 2013 Share Posted December 22, 2013 Inflation has been on a tear in Thailand these last 3 or 4 years with an extremely strong baht. 5 years ago, 3 large chang classic with a bucket of ice was 129bht. Today it's 139bht ........ not much inflation there. Diesel 30bht, same now. Gas cylinder 300bht, 320bht last week. I'm not seeing this inflation, where are you guys shopping? Pork 80 Baht kg now 130 Rice 27 Baht now 40 Chicken 85 now 130 Tin tuna 19.50 now 32 Loaf bread 24 now 37....the list is endless of 50% increases over the past 5 years. Easy answer move to the sticks with your girl friend/boy friend 5555555555 Link to comment Share on other sites More sharing options...
Naam Posted December 22, 2013 Share Posted December 22, 2013 This site should be renamed thai-retirement-visa.com. There are a few couples living here who are married to Europeans, Americans, Japanese etc. Not everyone fits in to this stereo typical model of old farang, young money grabbing thai who cant speak English. I'm thinking less than 1% of the foreigners in Thailand don't fit into my model. I only actually know 1 couple in CM, NancyL and her husband, and a few single women. i am quite glad that i don't fit into your model 2 Link to comment Share on other sites More sharing options...
meechai Posted December 22, 2013 Share Posted December 22, 2013 (edited) Weak currencies always make the local population poorer, be they US, UK, German or Thai citizens. Weak currencies buy less stuff from the countries with strong currencies. A weak currency is good for exporters. Increased exports = more jobs for Thais; therefore, some would argue that it (weak currency) is good for the locals. I don't buy that argument. Give me a currency stronger to the other guys any time I think most countries prefer a not too strong currency The strong currency benefits the few locals Not too strong benefits the many Remember the majority of Thai's are not reliant on import products from other countries But they are reliant on selling/exporting theirs. Did China become strong by having high priced goods sold/exported to the rest of the world? Does any country become stronger from importing cheaper goods from others? I see average Thais buying gasoline and diesel fuel all the time A weak baht = increased fuel prices. Increased fuel prices = increases in many products the average Thai purchases. Yes but Thailand has stabilized and subsidized energy prices for decades. You need a wider view than just fuel/energy Edited December 22, 2013 by meechai Link to comment Share on other sites More sharing options...
FiftyTwo Posted December 22, 2013 Share Posted December 22, 2013 This site should be renamed thai-retirement-visa.com. There are a few couples living here who are married to Europeans, Americans, Japanese etc. Not everyone fits in to this stereo typical model of old farang, young money grabbing thai who cant speak English. I'm thinking less than 1% of the foreigners in Thailand don't fit into my model. I only actually know 1 couple in CM, NancyL and her husband, and a few single women. The 2011 figures say that 47% of expats moving to Thailand were over 55, this number has been dropping since then, I don't have the figures for 2013 but I would imagine they are closer to 36%. around a third of expats in 2012 were under 32...... Just saying this site is for all of us and we are not all here under the same circumstances. We are here for cheap sex, age of customer not relevant. 99% of the guys here, are single or were single when they arrived. Link to comment Share on other sites More sharing options...
chiang mai Posted December 22, 2013 Share Posted December 22, 2013 This site should be renamed thai-retirement-visa.com. There are a few couples living here who are married to Europeans, Americans, Japanese etc. Not everyone fits in to this stereo typical model of old farang, young money grabbing thai who cant speak English. I'm thinking less than 1% of the foreigners in Thailand don't fit into my model. I only actually know 1 couple in CM, NancyL and her husband, and a few single women. The 2011 figures say that 47% of expats moving to Thailand were over 55, this number has been dropping since then, I don't have the figures for 2013 but I would imagine they are closer to 36%. around a third of expats in 2012 were under 32...... Just saying this site is for all of us and we are not all here under the same circumstances. We are here for cheap sex, age of customer not relevant. 99% of the guys here, are single or were single when they arrived. Utter tosh, are you TommoP by the way? 1 Link to comment Share on other sites More sharing options...
Toscano Posted December 22, 2013 Share Posted December 22, 2013 Never mind the Thai people , a weaker Baht is good for me . I'm British and I'd be happy if I got 70baht to the pound sterling again , but the present 53baht is better than 45baht earlier in the year . From the Thai point of view it should help exports . Link to comment Share on other sites More sharing options...
malcoml Posted December 22, 2013 Share Posted December 22, 2013 The weaker the Thai Baht, the more Foreign Tourists will come here and spend money to keep Thai Nationals Employed.And in another similiar thread, there is a guy who thinks people like me & you are selfish coz we are hoping for the baht to sink. As the guy mentioned, we are only thinking of ourselves.Sent from my GT-I9200 using Thaivisa Connect Thailand mobile app He is probably teaching English in the middle of nowhere for 20k a month and is now trying to figure out how he will afford to fly home to avoid Songkran 1 Link to comment Share on other sites More sharing options...
FiftyTwo Posted December 22, 2013 Share Posted December 22, 2013 Utter tosh, ........ Are you claiming your partner isn't Thai? Link to comment Share on other sites More sharing options...
shaurene Posted December 22, 2013 Share Posted December 22, 2013 Listen and talk sense. Currencies are world controlled depends on the countries government, exports, imports, banking contrôls, and many other stuff. Look at the UK currency devaluation, the Euro, the us$. Most problems are caused by the big banks. You cannot stop it. Link to comment Share on other sites More sharing options...
Naam Posted December 22, 2013 Share Posted December 22, 2013 Utter tosh, ........ Are you claiming your partner isn't Thai? can't speak for Chiang Mai but last time i checked my wife (of 34 years) was not Thai. that was an hour ago. but if you ask me nicely i will check again and report the result. Link to comment Share on other sites More sharing options...
arnold40844 Posted December 22, 2013 Share Posted December 22, 2013 This site should be renamed thai-retirement-visa.com. There are a few couples living here who are married to Europeans, Americans, Japanese etc. Not everyone fits in to this stereo typical model of old farang, young money grabbing thai who cant speak English. I'm thinking less than 1% of the foreigners in Thailand don't fit into my model. I only actually know 1 couple in CM, NancyL and her husband, and a few single women. The 2011 figures say that 47% of expats moving to Thailand were over 55, this number has been dropping since then, I don't have the figures for 2013 but I would imagine they are closer to 36%. around a third of expats in 2012 were under 32...... Just saying this site is for all of us and we are not all here under the same circumstances. Link/source else it's not true, please. Will put something together later on, off out now. All this info is very easily obtained. Link to comment Share on other sites More sharing options...
RigPig Posted December 22, 2013 Share Posted December 22, 2013 Well when I arrived here 10 years ago the Baht was around 45 to the dollar,everyone was employed and had money in their pockets. Unfortunately because of the dispute with Cambodia (over the area in the Gulf of Thailand)Thailand hasn't got a lot of it's own oil reserves. Around that time the price of oil was starting to skyrocket and I was told by an executive in an oil company that as long as the price remained above .40c a barrel they would just "keep throwing money at it". It has been a lot higher than that for a long time, and there is no shortage of oil. It is not being priced high because of an excess demand there is more than enough to go around and natural gas, well I've seen so much of it just burned off and wasted it is criminal, but the money is in the oil. The way I see it this is what is really hurting the Thai economy (and I've no doubt other countries too), the price of gasoline and diesel in Malaysia is subsidized too but to a greater extent than Thailand, because they have greater oil reserves. Thailand can't afford to subsidize oil, build better roads, improve the school system simply because hardly anyone here pays tax, and if they do they are diddling it. I even know of accounting firms that have 3 separate business identities and only one of them is registered for taxation purposes. Manufacturing companies are leaving Thailand because the costs have escalated to the point where they are no longer competitive. A hamburger in Thailand now cost around 250 Baht, that's pushing $8.00, that's not cheap. Yes you could live off Som Tam if that's your thing but I didn't come here to live like a pauper, I came here to enjoy my life and" live like a king" which I couldn't do in my own country. I bring all of my money into Thailand and spend the majority of it here (I do buy things off the net I can't get here). A lowering of the Baht would be a good thing IMHO as long as you could control the price of oil and it's products. Just my .2c worth Link to comment Share on other sites More sharing options...
FiftyTwo Posted December 22, 2013 Share Posted December 22, 2013 A hamburger in Thailand now cost around 250 Baht, that's pushing $8.00, that's not cheap. Y In CM KFC, Zinger burger meal (upsized) 104bht. Gekko Garden, Lamb burger + fries 105bht. Sausage king, burger and fries 99bht. Where are you going to pay 250bht? Link to comment Share on other sites More sharing options...
David48 Posted December 22, 2013 Share Posted December 22, 2013 What's missing from this argument is relevancy. The Thai Baht is falling or rising against individual currencies. Credit Against the Aussie Dollar ... the Thai Baht is actually strengthening ... 1 Link to comment Share on other sites More sharing options...
chiang mai Posted December 22, 2013 Share Posted December 22, 2013 Utter tosh, ........ Are you claiming your partner isn't Thai? I'm claiming that your previous post, "We are here for cheap sex, age of customer not relevant. 99% of the guys here, are single or were single when they arrived", is utter tosh and totally inaccurate! 1 Link to comment Share on other sites More sharing options...
FiftyTwo Posted December 22, 2013 Share Posted December 22, 2013 Utter tosh, ........ Are you claiming your partner isn't Thai? I'm claiming that your previous post, "We are here for cheap sex, age of customer not relevant. 99% of the guys here, are single or were single when they arrived", is utter tosh and totally inaccurate! And I'm claiming if your bed partner is Thai, you would have great trouble refuting my claim. Link to comment Share on other sites More sharing options...
georgesvnsn Posted December 22, 2013 Share Posted December 22, 2013 It would be great if it was 50 Bht. To a u.s. Dollar. I get paid in dollars and it would help me out a lot.lol Link to comment Share on other sites More sharing options...
chiang mai Posted December 22, 2013 Share Posted December 22, 2013 Utter tosh, ........ Are you claiming your partner isn't Thai? I'm claiming that your previous post, "We are here for cheap sex, age of customer not relevant. 99% of the guys here, are single or were single when they arrived", is utter tosh and totally inaccurate! And I'm claiming if your bed partner is Thai, you would have great trouble refuting my claim. Heads up Tommo, the nationality, age, gender and preferences of my partner is nobody's business but mine - your statement is wrong and does not stand up to any scrutiny and cannot be supported, sounds like projectionsim to me, just because you are doesn't mean everyone else is. BTW, weren't you banned and supposed not to be here? 1 Link to comment Share on other sites More sharing options...
FiftyTwo Posted December 22, 2013 Share Posted December 22, 2013 (edited) the nationality, age, gender and preferences of my partner is nobody's business but mine I carefully worded my statement to avoid gender, and have expressly excluded age. I didn't even consider preferences, but as you brought it up, I suspect that would be mainly "money".. Is it time to put me back on "ignore" yet? Edited December 22, 2013 by FiftyTwo Link to comment Share on other sites More sharing options...
chiang mai Posted December 22, 2013 Share Posted December 22, 2013 the nationality, age, gender and preferences of my partner is nobody's business but mine I carefully worded my statement to avoid gender, and have expressly excluded age. I didn't even consider preferences, but as you brought it up, I suspect that would be mainly "money".. Is it time to put me back on "ignore" yet? No way, now the coin has dropped as to who you are and your motives, you're hugely irrelevant and not not even worth the ignore button, byeee, again! Link to comment Share on other sites More sharing options...
wilcopops Posted December 22, 2013 Share Posted December 22, 2013 I don't understand how people are better off.The baht loses value so imports cost more, and that includes the raw materials or parts for manufacturing. Look around and everything seems to cost more in the stores. Even the street sellers surprised me with smaller portions, less meat or fish or lower quality in the dish. The Thais get a raise in the minimum wage but things begin to cost more to pay for it. Go to the market and buy a week's worth of groceries and ask yourself it they cost more. Maybe I am dreaming, but I think prices are rising as fast as the baht is falling. Maybe someone who already has everything he needs such as a condo and car or scooter and furnishings, etc. will see some temporary relief until he needs to replace it. Yes, I can buy more baht with dollars, but will those baht buy more in the long term when they are worth less? Just asking... in Thailand prices are rising with the Baht getting stronger, prices are rising with the Baht getting weaker and prices are rising with the Baht going sideways. basis of my claim: 40 (forty!) years of Thailand experience That's what a poor government does for you, a decline in standard of living for the masses. perhaps you'd care to give an example anywhere in the world at any time in history when COL goes down? Link to comment Share on other sites More sharing options...
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