Digitalnomade Posted September 5, 2014 Share Posted September 5, 2014 It's already bad here in Thailand, few job , low pay, people in debt because they borrowed millions of bahts to buy cars.... What will happen after the September 2015 crash. Are you ready? Pension gone! 401k gone! SSN gone! Saving gone! Stocks gone! Your thai lady gone! Profit of your days left, music will stop soon! Link to comment Share on other sites More sharing options...
anon676545345 Posted September 5, 2014 Share Posted September 5, 2014 September 2015 crash do enlighten me, I'm not sure weather your predicting a global crash or a crash in Thailand as your refering to the Thai car buying scheme but even the most tenuous link couldn't tie that to a US 401k. Link to comment Share on other sites More sharing options...
manarak Posted September 5, 2014 Share Posted September 5, 2014 Direct impact on me would be zero, and indirect impact would be that I would make about 200.000 to 300.000 USD out of it. Then I could probably also pickup a few cheap properties... Bring it on! Link to comment Share on other sites More sharing options...
smokie36 Posted September 5, 2014 Share Posted September 5, 2014 A Thai crash would be OK for me thanks!....150 Baht to the Scottish haggis please....;-) 1 Link to comment Share on other sites More sharing options...
Cypress Hill Posted September 5, 2014 Share Posted September 5, 2014 Wouldn't be too bad for me. Gold and silver bought at prices less than half of current spot rates. Held in vaults in Hong Kong and Geneva. Nothing in London vaults Mining stocks bought at rock bottom and enough baht income from local trading accounts to not have to worry about poor sterling/baht exchange rates. I have never and WILL never lower myself to paying a stipend to any woman - Thai or otherwise - so pretty much a non-issue. 1 Link to comment Share on other sites More sharing options...
David48 Posted September 5, 2014 Share Posted September 5, 2014 Personally, I would not worry because the thai-put-up-their-windshield-wiper-when-their-car-is-parked ... and the problem would be solved. . 2 Link to comment Share on other sites More sharing options...
David48 Posted September 5, 2014 Share Posted September 5, 2014 A Thai crash would be OK for me thanks!....150 Baht to the Scottish haggis please....;-) Is it really true that there is a such a beast as a 'Haggis Pizza' ? ... . Link to comment Share on other sites More sharing options...
Popular Post NeverSure Posted September 5, 2014 Popular Post Share Posted September 5, 2014 Please give me another stock market crash like we had in '08. I was buying quality stocks for 1/2 price and they've recovered. Please give me another housing crash so I can buy more rentals. I wish gold would go to $100. I wish baht would go to 100 to the dollar. Anything else on your wish list? 3 Link to comment Share on other sites More sharing options...
adammike Posted September 5, 2014 Share Posted September 5, 2014 And who sold off all the UK gold at a discount that Scot Gordon brown that's who.w 1 Link to comment Share on other sites More sharing options...
AYJAYDEE Posted September 5, 2014 Share Posted September 5, 2014 the 2008 crash didnt touch me. in fact I made a bundle on it! and i will again if it happens Link to comment Share on other sites More sharing options...
BillyBobThai Posted September 5, 2014 Share Posted September 5, 2014 My good nomad, it seems like your glass is half empty. Link to comment Share on other sites More sharing options...
MJP Posted September 5, 2014 Share Posted September 5, 2014 Absolutely nothing at all. No difference. Link to comment Share on other sites More sharing options...
Goshawk Posted September 5, 2014 Share Posted September 5, 2014 OP says . . . What will happen after the September 2015 crash. Are you ready? i say/ask/beg/plead . . . Pop back into your DeLorean time machine, smash 88mph again and then PM me next weeks lottery numbers. Maybe (together) we can avert disaster? .. Link to comment Share on other sites More sharing options...
Caput Lupinum Posted September 5, 2014 Share Posted September 5, 2014 September 2015? You're not a Martin Armstrong fan by any chance? Link to comment Share on other sites More sharing options...
weegee Posted September 6, 2014 Share Posted September 6, 2014 OP...Funny you should mention 2015. I was told that by a very influential person in China many years ago.....so there you go. Link to comment Share on other sites More sharing options...
zeichen Posted September 6, 2014 Share Posted September 6, 2014 There wasn't a crash here in 2008. The Asian Economic crisis was back in 1998. The asian curriences have been getting stronger for the last 10 years not weaker. 2 Link to comment Share on other sites More sharing options...
ATF Posted September 6, 2014 Share Posted September 6, 2014 There wasn't a crash here in 2008. The Asian Economic crisis was back in 1998. The asian curriences have been getting stronger for the last 10 years not weaker. I believe the OP was talking about the 2008 US Subprime Market Crash not the 1997 Asian Economic Crisis although he is a little confusing. Link to comment Share on other sites More sharing options...
David48 Posted September 6, 2014 Share Posted September 6, 2014 September 2015? You're not a Martin Armstrong fan by any chance? Jeopardy Question ... Who is 'Martin Armstrong' ? . Link to comment Share on other sites More sharing options...
meatboy Posted September 6, 2014 Share Posted September 6, 2014 2008 crash op must be talking about the one on highway 2,exchange rate 67 since then?well we all know. 2015 not even nostodamus knows. Link to comment Share on other sites More sharing options...
JLCrab Posted September 6, 2014 Share Posted September 6, 2014 http://www.youtube.com/watch?feature=player_detailpage&v=U-b5myg7i1E#t=11 Link to comment Share on other sites More sharing options...
h90 Posted September 6, 2014 Share Posted September 6, 2014 When you look how well the Thais managed the 1997 crash I wouldn't worry. Thailand has enough food. People get poor in matters of new cars and iPhones, but they won't be hungry. Some crash from time to time might be even healthy. 1 Link to comment Share on other sites More sharing options...
MJP Posted September 6, 2014 Share Posted September 6, 2014 (edited) When you look how well the Thais managed the 1997 crash I wouldn't worry. Thailand has enough food. People get poor in matters of new cars and iPhones, but they won't be hungry. Some crash from time to time might be even healthy. It's not what I heard from expats who lived there at the time. Serious poverty and homelessness. Edited September 6, 2014 by MJP Link to comment Share on other sites More sharing options...
kannot Posted September 6, 2014 Share Posted September 6, 2014 September 2015? You're not a Martin Armstrong fan by any chance? Jeopardy Question ... Who is 'Martin Armstrong' ? . The forgotten Brother astronaut who didnt got the short straw on day of departure........I think???? 1 Link to comment Share on other sites More sharing options...
Popular Post i claudius Posted September 6, 2014 Popular Post Share Posted September 6, 2014 When you look how well the Thais managed the 1997 crash I wouldn't worry. Thailand has enough food. People get poor in matters of new cars and iPhones, but they won't be hungry. Some crash from time to time might be even healthy. It's not what I heard from expats who lived there at the time. Serious poverty and homelessness. Well i am an expat ,so are my friends and i was here when it happened ,it was party time 91 baht to the pound fanbloody tastic 3 Link to comment Share on other sites More sharing options...
MJP Posted September 6, 2014 Share Posted September 6, 2014 When you look how well the Thais managed the 1997 crash I wouldn't worry. Thailand has enough food. People get poor in matters of new cars and iPhones, but they won't be hungry. Some crash from time to time might be even healthy. It's not what I heard from expats who lived there at the time. Serious poverty and homelessness. Well i am an expat ,so are my friends and i was here when it happened ,it was party time 91 baht to the pound fanbloody tastic It was the Thai people I was talking about. The suffering was bad. Link to comment Share on other sites More sharing options...
i claudius Posted September 6, 2014 Share Posted September 6, 2014 When you look how well the Thais managed the 1997 crash I wouldn't worry. Thailand has enough food. People get poor in matters of new cars and iPhones, but they won't be hungry. Some crash from time to time might be even healthy. It's not what I heard from expats who lived there at the time. Serious poverty and homelessness. Well i am an expat ,so are my friends and i was here when it happened ,it was party time 91 baht to the pound fanbloody tastic It was the Thai people I was talking about. The suffering was bad. oh sorry ,i thaught you meant us , then i did not have a lot to do with Thai people although the ones i did know seemed ok. Link to comment Share on other sites More sharing options...
Digitalnomade Posted September 6, 2014 Author Share Posted September 6, 2014 (edited) Thai people will probably suffer less thanks to their free local market system (Street food, Chick kebab,....) Farangs will get a pissed off attitude , lower income from their nany state, to a point some will have to go back home or lower their life style to a thai style life (1 room at 3000 bahts, street soup, bus baht or gelato scooter with go-go sitting on the back, and flip-flop with white socks) Edited September 6, 2014 by Digitalnomade Link to comment Share on other sites More sharing options...
Chonburiram Posted September 6, 2014 Share Posted September 6, 2014 A crash like in 2008? Was there a crash? In Thailand 2008 was business as usual... 1 Link to comment Share on other sites More sharing options...
krisb Posted September 6, 2014 Share Posted September 6, 2014 Please give me another stock market crash like we had in '08. I was buying quality stocks for 1/2 price and they've recovered. Please give me another housing crash so I can buy more rentals. I wish gold would go to $100. I wish baht would go to 100 to the dollar. Anything else on your wish list? A yacht. Link to comment Share on other sites More sharing options...
3NUMBAS Posted September 7, 2014 Share Posted September 7, 2014 the crash of 97 was better for expats Link to comment Share on other sites More sharing options...
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