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koolbreez
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Until they lower the interest rate, the baht will remain strong. Thailand is paying the highest interest rate on deposits in SEA. When they lower the rate, then money leaves the country, and the rate drops.
There isn't anything else they do that will increase the value of my money. The 25% tax they are talking about will only stabalize the baht, it won't make my money worth any more.
What they don't seem to have any concern for is inflation in Thailand, and it is starting to be a big problem. People are making less money from tourism, and exports, so they raise their prices domestically to make up the difference.
Most export traders seem to feel that the baht should be at, or above bt30 to the dollar, any less than that, and there will be a big drop in exports. Not a trade deffacite, just less than what was exported last year.
The exchange rate does have a direct effect on everyone, except those very few people on this board that are being paid in Thai baht. When the prices stay the same in baht, you buy less because your money is worth less. If Thai prices go up, you buy even less with your currency that has to be exchanged.
The prices a girl charges have stayed the same for the last 5 years, at least for me. My money is worth less so it costs me more. Some of my regulars know this, and have actually reduced their price.
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Why would the Thai national Bank be buying dollars unless there are plans to make them worth more baht?....lolol.
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Thai Girls : Meet Sexy Thai Girls
Posted on: 4:52 pm on Oct. 13, 2010
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vox
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Quote: from koolbreez on 4:52 am on Oct. 14, 2010
The prices a girl charges have stayed the same for the last 5 years, at least for me.
Jeez, not for me. In 2005 (and before) I *never* paid for than 1,000 for LT, and nobody ever argued...when I got a better income in 2006 I raised it myself to 1,500...then about a year ago it seemed so many were trying to up the 1,500 to 2,000 that I gave in, and now I automatically give 2k to everyone...
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Bangkok Women : Meet Sensual Bangkok Women
Posted on: 5:32 pm on Oct. 13, 2010
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DaffyDuck
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I've been paying 2000 Baht LT for girls since 2003, and haven't been worrying much about it.
While 1-2 years ago, many girls tried to ask for 4K (and elicited a smile from me, at best), lately such efforts at up sell haven't been happening as much, especially during low season.
There's only been (I think) two instances where I paid more, and they were worth it. One girl wanted 4K, and I agreed because she was exceptionally hot - but then she stayed with me for 4 days, and wouldn't take more than the agreed upon sum -- and one girl I simply gave 4K to, because she was absolutely exceptional.
Everything else, my rule is simple - 1000 ST / 2000 LT.
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Thai Girls : Meet Sexy Thai Girls
Posted on: 6:08 pm on Oct. 13, 2010
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CalEden
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Daffy's just added 500 baht to Denny's scale and stolen his mantra.
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Bangkok Girls : Meet Sexy Bangkok Girls
Posted on: 12:12 am on Oct. 14, 2010
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jingjo
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Good news for the Aussie punters one AUD = 30baht
AUD 29 year high and it could go as high $1.20 AUD to $1 US
Any cashed up Australians should be looking at buying the Greenback, than in the next two years it will turn around and sadly Australia will go into the worst recession 
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Thai Women : Meet Matured Thai Women
Posted on: 2:05 am on Oct. 14, 2010
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Kaymanx
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Quote: from China Sailor on 8:38 am on Sep. 28, 2010
... cuz to be honest the amount you contribute to the Thai economy is a fraction of their total tourist market...
I commend you for saying that. Too many people have this false and pretentious notion that the money flowing from sex tourism supports the Thai economy in a big way. Of course, it doesn't. Thailand is a major vibrant economy in its own way though it is a fact that tourism is indeed a major contributor. Tourism includes so many diverse activities, such as shopping, restaurants, medical tourism, family R&R, and so on, and that really is one of the reasons why the baht keeps strengthening : a relentless inflow of foreign money that hardly seems to suffer a prolonged setback, political turmoil notwithstanding.
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Bangkok Women : Meet Beautiful Thai Girls
Posted on: 2:10 am on Oct. 14, 2010
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dirty guru
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Jingjo its kinda odd that you pitch doom and gloom on Australia's prospects in two years time.
Australia has increased its Value against the the greenback because the Americans are printing more money - making its value less.
Plus the Minerals boom in China we supply mainly.
Out of all G20 countries Australia was the only one to avoid recession in the Global crisis.
The outlook is actually good long term.
Unemployment is only 5% and the markets strong.
And why would you buy US dollars when Gold has risen 200% in 5 years? (oct 05 $456.....Oct 2010 $1371)
As for the Thai economy - Its true Tourism makes up just a portion of the GDP -
But if you were a family awaiting baht from a daughter who sends money home - from either the hospitality industry or sex.....you would hope things signifcantly improve.
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Bangkok Girls : Meet Attractive Thai Girls
Posted on: 2:46 am on Oct. 14, 2010
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dirty guru
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Gee, I am glad someone still places faith and trust in Financial organizations as such.
Sure a 200% Profit does not mean I can expect more of the same.
But people are dumping the US dollar and looking for safe havens.
Gold wont under perform any time soon
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Thai Girls : Meet Active Thai Girls
Posted on: 6:10 am on Oct. 14, 2010
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dirty guru
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Cheers!
Fund managers try and steer you into paper tigers-
Gold is real-
It rolls up and down-
But doesnt all together disappear-
Even were it to nose dive in 3 months at 210% profit
Or in 6 months as forcast by your sages at a higher level-
Its been a good ride-
I am not in deep-
Tin and Australian Uranium and Iron Ore are my favorites along with the food stocks like woolies.
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Thai Women : Meet Matured Thai Women
Posted on: 6:28 am on Oct. 14, 2010
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Valetta
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QQ,the almost 90% decline in Indian students studying in Australia,not just Melbourne,has much more to do with regulation changes to visas, restrictions on permanent residency,and the rapid rise in the $A(it has almost reached parity with the $US) than any alleged racism.
Certainly Australia has its fair share of racists,and probably racism played a part in some of the attacks on Indians in Melbourne,but old fashioned robbery probably was a more significant factor.
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Bangkok Girls : Meet Attractive Thai Girls
Posted on: 7:12 am on Oct. 14, 2010
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