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thailife
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not that I am a huge follower of Jim Rogers, but he has really nailed the macro issues over the past 20 years.
http://www.reuters.com/articlePrint?articleId=USL1470530620070314
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Thai Girls : Meet Sexy Thai Girls
Posted on: 8:37 am on Mar. 16, 2007
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DaffyDuck
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Quote: from thailife on 1:51 am on Mar. 15, 2007
Let's look at prices 5 years ago and you will see how bad things are today......
Old prices (you fill in the new ones)
Heiniken 80 baht
Nice Hotel or apartment 2,000 baht per night
Food (a lot cheaper 5 years ago)
Bar fine 300-400 baht
Heineken - don't drink, but I see them advertised between 50-120 Baht
Nice Hotel or apartment 2,000 baht per night - I regularly pay 1,900 Baht
Food (a lot cheaper 5 years ago) - a lot cheaper than 5-10 Baht for street food; 60-120 Baht for a restaurant meal?
Bar fine 300-400 baht - that's the only increase I noticed, as these are now 500-600 Baht.
Not quite sure how you are used to spending money, but I'm certainly not able to see increase you are claiming.
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Bangkok Women : Meet Sensual Bangkok Women
Posted on: 10:18 am on Mar. 16, 2007
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DaffyDuck
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Quote: from quack quack on 11:09 am on Mar. 15, 2007
Personally don't think that the Thai economy will "blow up". The Thais have learned valuable lessons from the Asian meltdown that occurred a decade back. Thailand now has a fairly strong industrial & agricultural base. A decline in tourism won't be too catastrophic.
A stronger Baht will also affect exporters, as their goods are less able to compete with the likes of China or Vietnam, or others in the region - and is likely also negatively affecting importers, as goods purchased and imported at a weaker Baht, become more difficult to sell at a profit inside Thailand.
It's not all about tourism.
Quote: from quack quack on 11:09 am on Mar. 15, 2007
As for p4p; do believe that it will become prohibitively expensive and decrease sharply within the next decade. Decrease in p4p is a natural result of greater prosperity as happened in South Korea, which was a significant p4p destination two decades back.
You are referring, of course, to p4p for foreigners, right?
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Thai Girls : Meet Sexy Thai Girls
Posted on: 10:18 am on Mar. 16, 2007
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thailife
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I base my numbers on what I pay, I have kept an aprtment in BKK for 4 years. I am not looking at 'happy hours' pricing, I am basing my numbers on how I live, where I go and what I do. Down the line, it costs me a lo tmore money to operat ein BKK than it did 4 years ago.
The major difference the Thais have learned from 1997 to now is to issue Baht denominated debt. Prior to 1997 it wa smostly dollar denominate debt and the baht was pegged to the $.
The ag sector is a money losing sector for the famrers. The middlemen make the money but the farmer loses. Last year was the first time we did not grow rice, it is cheaper for us to buy it. The only thing I have ever made money with on the farm is to buy, raise and sell cows.
Anyway, back to the cost of living. I think you have to seperate a tourist viewpoint to that of a local, and at that a local outside of BKK. The whole scene has changed with lots of inflation for everyhting from basic food to good dirt to place as a foundation for a house. If you have spent a lot of time in the villages, you will have seen this happen. everyhting has gone up quite a bit over the past 5 years. Also, inflation is not alsways a sign of 'things going too well'.
The central bank is caught between a rock and a hard place. Rais erates to slow inflation, and more money will flow into the country to capture the higher rates and the baht appreciates further. Lower rates and this will fuel inflation. Or, do what they did and restrict the movement of capital. You see, they did the lesser of the three evils..... I could go on and on, but it is not lesson time......
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Bangkok Girls : Meet Sexy Bangkok Girls
Posted on: 11:13 am on Mar. 16, 2007
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Mel Gibson
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quack quack, shoke, RTB, thailife,ahhhhhhhhhhhh anyone not having DAF in their name,,, has made a lot of sense here,, others need to seek professional help.
I guess we can agree that Taxi's and food are still cheap......... well taxi's that will actually turn the friggin meter on are still cheap,,,,,try to get one of those at 2:00 am at the end of Soi cowboy???
Regularly paying 2,000 BHT per night for a hotel states little about price comparisons from 5 years ago???
lets face it,, 5 years ago a hotel of similiar quality to todays 1900-2000 BHT hotels was 700-800 BHT.
The one thing MOST seem to agree on is the large increase in bar-fines,,,,,combine that with Hotel price increases, et cetc etc,, it's NOT a cheap place to visit. Simple as that.
I suggest you have several choices one of which is to travel outside of BKK,, the other northern or North eastern centres seem to not have such large increases in price.
there are aslo bargains to be had in near by countries,, Vietnam has several notable hotels at less than US$25
NAHHH, actually stay away from Vietnam,, it's no bloody good,, horrible place, ugly women,, VERY expensive,,,,ummmmmm,,,, oh yeh diseases everwhere,, THEY EAT DOG,,,ahhhhhhhhhh,,,there's reports of sexual assaults in all the dark roads every day,,,,,,mostly against Ducks.
I't's said the governemnt kill 50% of capatilist tourists?
Thailand,, Cheap,, CHEAP CHEAP and safe,, no tanks in the street, except those collecting money
Mel.
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Thai Women : Meet Matured Thai Women
Posted on: 12:12 pm on Mar. 16, 2007
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apollo
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What is going on with the US$? It is now 32 Bhat per $ and falling. Do you guys think it can go lower than this? To the 25B/$ it used to be before the Asian meltdown?
Thailand is safe and not easy to find another place with similar security and openness to the farangs. Looks to me some will go away given the higher costs which should balance prices down. But when?
Prices are up in the USA too, 30-50% (hotels, flights, food) as they are up in both thai bhat and for the exchange rate in US$. Soon I will be paying double for the same hotel room (Landmark) in US$. What is going on?
Cheers!
Ap.-
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Bangkok Women : Meet Beautiful Thai Girls
Posted on: 2:02 pm on Mar. 25, 2007
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DewAsmara
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All of you,
Don't need to complaint. If you are not Thais, just bring one million baht go and back to Thailand among border, and you will get for free capital gain at least 90 K baht only from gap margin between onshore and offshore trade. This been practicing among some expat for some weeks thought. Off course you have to sold your dollar in black market to avoid someone tell your activities to man in black guys. Maybe some private banking already offer this to their Thais Customer also.
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Bangkok Girls : Meet Attractive Thai Girls
Posted on: 2:13 am on Mar. 26, 2007
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don5252
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maybe we should be thankful for the fun when it was a real bargain, no expert here but I say we'll never see 40 again
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Thai Girls : Meet Active Thai Girls
Posted on: 2:45 am on Mar. 26, 2007
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DaffyDuck
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Quote: from DewAsmara on 3:54 pm on Mar. 26, 2007
Don't need to complaint. If you are not Thais, just bring one million baht go and back to Thailand among border, and you will get for free capital gain at least 90 K baht only from gap margin between onshore and offshore trade. This been practicing among some expat for some weeks thought. Off course you have to sold your dollar in black market to avoid someone tell your activities to man in black guys. Maybe some private banking already offer this to their Thais Customer also.
Can someone explain this?
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Thai Women : Meet Matured Thai Women
Posted on: 6:45 am on Mar. 26, 2007
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factorx
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Whatever he's trying to do, it sure sounds like too much effort for a mere 90k baht.
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Bangkok Girls : Meet Attractive Thai Girls
Posted on: 7:17 am on Mar. 26, 2007
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