seven Posted April 27, 2022 Share Posted April 27, 2022 7 hours ago, Pdoggg said: There is food and energy inflation but my biggest expense is rent and Pattaya rentals are cheaper than ever! I saw on a Facebook group the other day that a newish 37 sqm one bedroom Jomtien condo with a gym and pool was only 4000 baht a month. Excellent. The way things are going In China (the idiots are going for zero-covid, good luck with that) and russkies aren't going nowhere in years to come, hopefully this stays. Quote Link to comment Share on other sites More sharing options...
Pdoggg Posted April 27, 2022 Share Posted April 27, 2022 10 hours ago, Ashoka said: WTF? I paid 10k for a room with a bathroom and a balcony in 2019 june. Paying similar soon but not staying that long that next month. This 4000 baht rate would be for a yearly or perhaps a 6 month contract. It would be extremely difficult to get that price for a quality condo unless you had a pre-existing relationship with a condo owner. Quote Link to comment Share on other sites More sharing options...
Ashoka Posted April 27, 2022 Share Posted April 27, 2022 21 hours ago, Pdoggg said: There is food and energy inflation but my biggest expense is rent and Pattaya rentals are cheaper than ever! I saw on a Facebook group the other day that a newish 37 sqm one bedroom Jomtien condo with a gym and pool was only 4000 baht a month. What is it 8 per electric unit and 25 per water unit now? Quote Link to comment Share on other sites More sharing options...
Pdoggg Posted April 27, 2022 Share Posted April 27, 2022 1 hour ago, Ashoka said: What is it 8 per electric unit and 25 per water unit now? I think the real price was 4 but it will be raised in May to 4.5. But when renting short term they often charge 8. Every condo charges a a different electric and water rate often higher than the government rate. They justify this because electric and water is being used in the common area of condos. By energy I am also including gas prices which have gone up but I don't have a good handle on the prices because sometimes I am lazy and just buy a Sangsom bottle of gas rather than riding to an inconvenient gas station. Quote Link to comment Share on other sites More sharing options...
Pdoggg Posted May 11, 2022 Share Posted May 11, 2022 The baht is heading to 35 and the Piso to 53. There are multiple reasons why the Philippines’ central bank chief, Benjamin Diokno, is “not concerned” about recent weakness in the peso against the dollar. As of Tuesday morning during Asia trading hours, the peso has weakened more than 2.5% against the greenback so far this year. It last traded at 52.38 per dollar, after Reuters reported that Ferdinand Marcos Jr. appeared set for a landslide victory in the presidential election. To be sure, the peso isn’t alone in seeing this trend. Many of its regional peers are also sliding against the greenback as the dollar continues to strengthen against the backdrop of a more hawkish U.S. Federal Reserve, which is again tightening monetary policy as it looks to tame red-hot inflation. The Indonesian rupiah has lost around 2% against the greenback so far this year, while the Thai baht and Malaysian ringgit have weakened about 4% and 5.2% against the dollar, respectively. “The depreciation of the peso, you have to look at it in relation to the other currencies in the region, our competitors. And we’re right smack in the middle,” Diokno, governor of Bangko Sentral ng Pilipinas, told CNBC’s Martin Soong ahead of the country’s presidential election. He also attributed his confidence in the peso to the Philippines’ relatively lower dependence on foreign debt today and the lure of rock hard natural femboys. “I’ve been here before. And in the past whenever there is a crisis, we run out of dollars to service our foreign debt,” Diokno said. “Now we’re not heavily dependent on foreign debt.” The Southeast Asian nation also has “hefty gross international reserves” equivalent to 9.6 months of imports — more than three times higher than the usual benchmark of three months, he added. Furthermore, the central bank governor said, foreign remittances from overseas Filipino workers — “easily around $30 billion a year” — have also given the Philippines access to a steady flow of foreign exchange not previously available. The outsourcing of business processes also adds another $30 billion to the foreign exchange flow, he said. “We’re not concerned,” he said, adding that the Philippines’ central bank currently has a peso forecast from 48 to 53 against the dollar. “We don’t shoot for a specific level of the peso, we let market forces determine the peso,” Diokno said. https://www.cnbc.com/2022/05/10/bsp-governor-says-hes-not-concerned-about-recent-peso-weakness.html Quote Link to comment Share on other sites More sharing options...
Quietguy Posted May 11, 2022 Share Posted May 11, 2022 UK £ is now at 42.73 Baht. When I arrived in January it was over 45 Baht. Quote Link to comment Share on other sites More sharing options...
seven Posted May 11, 2022 Share Posted May 11, 2022 27 minutes ago, Quietguy said: UK £ is now at 42.73 Baht. When I arrived in January it was over 45 Baht. You got lucky then. 2 baht for each pound you spent. What did you splash it on? I know PDiddys profit goes to Justin Bieber tickets. Quote Link to comment Share on other sites More sharing options...
Quietguy Posted May 11, 2022 Share Posted May 11, 2022 17 minutes ago, seven said: What did you splash it on? Iced coffees in 7/11. 1 Quote Link to comment Share on other sites More sharing options...
seven Posted May 11, 2022 Share Posted May 11, 2022 10 minutes ago, Quietguy said: Iced coffees in 7/11. Nice! Hey BoJo is here , you want me to ask him anything? Allegedly they just had ‘lunch’ , and got a good buzz going by now. Quote Link to comment Share on other sites More sharing options...
Quietguy Posted May 11, 2022 Share Posted May 11, 2022 4 hours ago, seven said: Hey BoJo is here Can you keep him? Quote Link to comment Share on other sites More sharing options...
seven Posted May 11, 2022 Share Posted May 11, 2022 3 hours ago, Quietguy said: Can you keep him? Pass. We have to many privileged here already. https://www.bloomberg.com/opinion/articles/2021-06-02/covid-19-inequality-sweden-s-billionaires-spark-wealth-tax-dilemma 1 Quote Link to comment Share on other sites More sharing options...
Quietguy Posted May 12, 2022 Share Posted May 12, 2022 15 hours ago, seven said: We have to many privileged here already. But have they been to Eton & Oxford, and members of the Bullingdon Club? 1 Quote Link to comment Share on other sites More sharing options...
seven Posted May 12, 2022 Share Posted May 12, 2022 1 hour ago, Quietguy said: But have they been to Eton & Oxford, and members of the Bullingdon Club? We have similar establishments. Quote Link to comment Share on other sites More sharing options...
Quietguy Posted May 12, 2022 Share Posted May 12, 2022 22 minutes ago, seven said: We have similar establishments. You have elitist clubs for the sons of the wealthy where they stick their cocks into dead pigs' heads before becoming Prime Minister? 1 Quote Link to comment Share on other sites More sharing options...
seven Posted May 12, 2022 Share Posted May 12, 2022 2 hours ago, Quietguy said: You have elitist clubs for the sons of the wealthy where they stick their cocks into dead pigs' heads before becoming Prime Minister? We have worse than that. You probably do as well but nothing the public is aware of. Aristocrats. 1 Quote Link to comment Share on other sites More sharing options...
Pdoggg Posted May 12, 2022 Share Posted May 12, 2022 1 hour ago, seven said: Aristocrats 1 Quote Link to comment Share on other sites More sharing options...
Pdoggg Posted June 1, 2022 Share Posted June 1, 2022 LONDON – Sterling is in danger of becoming an “emerging market” currency as falling growth and growing risks cause investors to flee the pound, according to Bank of America. As of Tuesday afternoon in Europe, sterling was down 7% against the dollar year-to-date, trading just below $1.26 having been as low as $1.22 earlier this month. Short positions have been mounting against the currency as the global economic challenges of the war in Ukraine, inflation, supply chain bottlenecks and slowing growth converge with domestic risks stemming from the Bank of England’s unique predicament and the fallout from Brexit. https://www.cnbc.com/2022/05/31/sterling-is-taking-on-emerging-market-characteristics-bank-of-america.html 1 Quote Link to comment Share on other sites More sharing options...
seven Posted June 1, 2022 Share Posted June 1, 2022 7 hours ago, Pdoggg said: Brexit I think you poms dreaming about the good old days when the pound gave you over 70b need to wake up and smell the coffee. Sorry but you asked for it. Quote Link to comment Share on other sites More sharing options...
seven Posted June 13, 2022 Share Posted June 13, 2022 On 6/1/2022 at 4:02 PM, Pdoggg said: Brexit Truly depressing read unless you’re a Tory. It’s the same here. The welfare charlatans bleeding the public sector dry. Fucking parasites. Usually owned by American or British investment companies only yesterday news about Saudi ownership broke. So, the tax funded healthcare is actually part owned by the Saudis. Its capitalism in its most cynical sickening way. Just like those LIV whore golfers led by Greg Norman who just sold their soul to the devil. Britain is already in the grip of a deep malaise – what happens when zero growth bites? https://www.theguardian.com/commentisfree/2022/jun/12/britain-deep-malaise-what-happens-zero-growth-bites-economy Economic growth is expected to sputter to a halt: welcome to a new era of breakdown that will affect us all “Sorry for any inconvenience caused.” ‘……and the public sector reeked of cheap detergent and decline’ 3 Quote Link to comment Share on other sites More sharing options...
Quietguy Posted June 13, 2022 Share Posted June 13, 2022 What happened to the sunny uplands of Brexit? 1 Quote Link to comment Share on other sites More sharing options...
blind boy grunt Posted June 14, 2022 Share Posted June 14, 2022 5 hours ago, Fenton said: Well QG, as the Covid kicked in, Excessive QE was implented. TBH the interest rate has been low for years. Its a group of people at the B of E hey Quietguy, can you help me out a little please? What is the forum rash talking about? Queen Elizabeth is excessive? is he talking about the Regent or the boat? B of E? ?? Bicycles of Estonia? what has the Queen got to do with Estonia? actually what have bicycles got to do with Estonia? maybe i got that wrong. i need you Poke! 1 Quote Link to comment Share on other sites More sharing options...
Quietguy Posted June 14, 2022 Share Posted June 14, 2022 3 hours ago, Fenton said: @blind boy grunt FYI Before you ask bbg: 1 Quote Link to comment Share on other sites More sharing options...
seven Posted June 14, 2022 Share Posted June 14, 2022 6 hours ago, blind boy grunt said: forum rash Quote Link to comment Share on other sites More sharing options...
Pdoggg Posted June 15, 2022 Share Posted June 15, 2022 The 35 baht per dollar level has been breached. This is due to dollar strength rather than baht weakness. The Fed is expected to announce a 3/4 of a percent interest rate hike today which makes the dollar stronger. 1 Quote Link to comment Share on other sites More sharing options...
seven Posted June 15, 2022 Share Posted June 15, 2022 13 hours ago, Pdoggg said: The 35 baht per dollar level has been breached. This is due to dollar strength rather than baht weakness. The Fed is expected to announce a 3/4 of a percent interest rate hike today which makes the dollar stronger. I know fuck all about finance, ( nor do I care) depends where you read, I trust stock brokers about as much as I trust used car dealers or realtors. I trust a street whore more to be honest. ‘The economy is going to collapse,’ says Wall Street veteran Novogratz. ‘We are going to go into a really fast recession.’ https://finance.yahoo.com/m/b6967859-5ed0-3e10-a501-5f2a90bdaa9b/‘the-economy-is-going-to.html Don't be duped by doomsayers, JPMorgan says https://finance.yahoo.com/news/dont-duped-doomsayers-jpmorgan-says-000000672.html 1 Quote Link to comment Share on other sites More sharing options...
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