Alzheimer is a terrible condition.Originally Posted by thaimeme
The word going round at the time that he was in on it to , but to a lesser degree , but only cos he did'nt have the same amount of Dough that Chavalit and Thaksin had , of course I did not believe a word at the time cos all it was was Chavalits political opponents stirring the shit up
Fingers crossed, with the Baht and Bangkok sinking and an uncertain transfer of power from the current status quo, there'll be some bargains to be had.
"education hub of ASEAN"! ...how on earth did Thailand manage to get so rich?!
The baht is sinking and Bangkok is sinking so everybody go to Myanmar ,
Stroller & Stinky takes it up the JACKSIE ,
Quite correct CAN123,remember the last real socialist Gov under Wilson and Callaghan when inflation reached 26.9% and you had to smuggle your money out of the Country if you wanted a decent holiday abroad with your family? , the IMF refusing to lend them any more money unless they had a wage freeze ,leading up to the union chaos in the Winter of discontent ,leading up to Labour getting wiped out in the GE , I would suggest that those who not aware of this simple fact read on https://en.wikipedia.org/wiki/Winter_of_Discontent
I do remember getting a 20% pay increase circa 1982.
THB is weakening as the global economy seems to be trending towards a recession. The US Dow has dropped nearly 1000pts in a month. Also the THB took a hit due to the latest TIP report.
US keeps Thailand at Tier 3 | Bangkok Post: news
I personally think it will weaken to about 35.8 to 36 to 1 USD exchanging $100 notes.
I transacted a transfer at 35.21 Monday. Not bad being not to long ago the THB was bouncing off the low 29 high 28 mark. There is money to made buying and selling currencies right now.
Bearish market looming. Yesterday Dow fell 212 to close low 17,389 i believe. China market had a huge fall out as well.
Chinese have devalued the yuan over the last two days. The baht is following it down, as is the Aussie dollar.
Not quite. The inflation rate ensured interest rates were shockingly high compared to today but the benefit in relation to a mortgage was such that although the first year or two was crippling, three successive annual pay rises meant the devaluation of the loan in real terms too. Fine if you were in good, secure employment.
Happy days really and the world felt a lot bigger.
Elysian days, indeed, and a man could buy as many sausages as he wished.Originally Posted by Seekingasylum
The pound was at 55.08 this morning, despite bad news elsewhere, but before the UK rise in unemployment was announced. That was balanced by an increse in earnings.
If it carries on like this Piwi might be able to afford an education.
The Sing Dollar is dropping like a stone...
Fooking typical just when we are getting ready to feck off the Baht weakens.
You really can't trust the barstads.
The guy reflected under the JPY looks like a Neanderthal
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