Thread: Thailand Lounge and Chat area
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07-13-19 00:32 #476
Posts: 5447Originally Posted by Smoothy [View Original Post]
"Trump Is Falling Almost 1 Million Jobs Short Vs. Obama"
"Job growth is slowing down"
(see chart)
"Not the best economy ever
The underlying economy is weaker than perceived when you look at March quarters GDP numbers and railroad traffic taking a significant downward move over the past month."
Fake news?
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07-12-19 18:49 #475
Posts: 3497Originally Posted by EihTooms [View Original Post]
If you seriously don't know what regulations where put in place, you might want to check that out. It was absurd. I think he may actually have been anti-American. His policies helped the rest of the world more than they helped the USA.
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07-12-19 17:12 #474
Posts: 5447Originally Posted by Smoothy [View Original Post]
I don't know what kind of regulations were put in place, but I am guessing they were put in there for a reason having to do with a greater economc (or environmental?) goal and not just for the hell of it.
And looking at it another way; now that your industry's regulations in question were eliminated (presumably by a Trump Executive Order) along with hundreds if not thousands of others, there is no evidence in the data that our overall economy is roaring along better and far surpassing what we were experiencing when those regulations were in place. If anything, the data show we are doing less well now on most economic fronts, jobs creation being one of them. Your industry being among the exceptions.
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07-12-19 16:37 #473
Posts: 3497Originally Posted by EihTooms [View Original Post]
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07-12-19 16:33 #472
Posts: 1306Originally Posted by EihTooms [View Original Post]
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07-12-19 14:14 #471
Posts: 3051Dating an older non-pro Thai Lady
Hi guys,
An older (45) thai lady hit me up on Thai Cupid for a date. Actually she wants to marry but I said one thing at a time. Ordinarily I would ignore her based on age alone but she looks pretty good for 45 (I'm 63) and she showed me her gorgeous 40 Eee tits on skype. She owns some beach property in Prachaud and wants to know if I marry her am I interested in building a house there when I retire in three years. I swear I am not making this up. I will meet her in Bangkok where she works in September. Regular Thai ladies are very bossy though, aren't they? And like to control the money and everything. At least that's what I've seen on youtube testimonials. I think I prefer the more docile Filipinas which I know much more about because I go there more often. However J am curious if anyone has run into a situation like this and has any advice other than go slow and ask a lot of questions. Cheers.
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07-12-19 07:37 #470
Posts: 1222My two Cents
Just wondering, has anybody else had these thoughts.
Some 20 years ago I cashed out and moved here at around 50 to the Euro. Now I can buy back for less than 35. That together with accumulated capital gains which excepting property (even there its more than manageable) are mostly tax free I have considered moving back better heeled, where there is no immigration rigmarole, good health care is free and the air is cleaner but then I think of what I would be leaving, the ladies, the massages, the food, the warmth and spirituality of the people and the buzz of Bangkok and I say nay not now maybe later.
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07-12-19 07:06 #469
Posts: 3497Originally Posted by Golfinho [View Original Post]
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07-12-19 02:29 #468
Posts: 5447Originally Posted by Nyezhov [View Original Post]
But after that, early in his presidency, you would have had to ignore almost every important economic report and believe the self-serving blather of his political opposition for the next 8 years to have missed some massive gains. Even the critical housing market, which finally found a floor below which overall prices did not continue to freefall in the Crash by March 2011, was a great place to invest. It sounds as though your advisor kept you on the sidelines watching gains on almost all fronts for about 10 years until just now. Or maybe he advised you to jump out at the bottom, a move a lot of people made. Recovery from a disastrous move like that is very difficult.
I don't see another massive Recession and Crash on the near horizon. So there is still some life left in this bull market, imo. Corrections possible, yes. But there is nothing in the economy we had as of January or December 2017 to reasonably suggest a Recession or Crash is right around the corner.The slow and steady recovery from a very scary historic downturn made the current economy quite strong and resilient. Thankfully. And stock markets tend to grow just fine in the absence of Recessions. Of couse, anyone in a position of power with a determination to drive us into another economic and market Crash can certainly do so or at least inflict plenty of damage in the effort. That is what we need to be mindful of now more than ever, imo.
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07-12-19 00:56 #467
Posts: 1222Originally Posted by Dg8787 [View Original Post]
A leading tourism official has confirmed what many Pattaya residents have suspected for a long time.
The days of Europeans visiting Pattaya in large numbers for the entertainment industry are gone.
The strength of the baht, alternatives elsewhere and the rise of Chinese and now Indian tourism has seen a marked shift on who is coming to Pattaya and what they are doing there.
Secretary of the Entertainment Industry and Tourism Association of Pattaya Damrongkiat Phinitkarn gave Sophon TV some frank and damning statistics about the low season in Pattaya this year. Down 20% to 30%.
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07-11-19 20:35 #466
Posts: 3260Western countries economic influence on mongering doesn't hinge on the daily financial or stock markets.
An unfavorable exchange rate has an immediate affect.
Higher airline tickets will have an immediate affect.
Aging mongers unable to get it up will have an immediate affect.
Long term down stock market will adversely affect retirement money, thus lack of mongers in the future.
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07-11-19 19:57 #465
Posts: 5447Originally Posted by Turgid [View Original Post]
We are not in the 3rd year of either one. We are in the 11th year of them. The trajectory of those metrics did not change dramatically on January 20, 2017 or, more pertinent in terms of judging the effectiveness or not of an administration's stewardship, December 22, 2017. That was when their first and so far only significant economic legislation was signed and passed. They have so far underperformed what came before on the important metrics I cited, but we are still doing okay.
However, I would say other factors that might or might not have an impact on funding our hobby in the near term or in retirement, such as foreign relations and diplomacy, national security, trade deals and border control are faring worse.
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07-11-19 17:53 #464
Posts: 5648Originally Posted by EihTooms [View Original Post]
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07-11-19 15:47 #463
Posts: 19All Chinese money
Thailand has high strategic value to the Chinese government. As such, the Chinese have been launching a charm offensive in Thailand for quite some time now. Chinese money has been flooding Bangkok in the form of tourists, students and investors. I suspect the Chinese government has even made it easier for Chinese investors to invest in Thai properties.
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07-11-19 15:33 #462
Posts: 5447Originally Posted by NattyBumpo [View Original Post]
Guys, good to have as many different sources of income as possible if you're going to weather all kinds of possible goofiness in markets and the economy on your way to a comfy retirement boffing 20 something year olds in Thailand.