Nothing special about economics in Thailand
[QUOTE=TooDirty;2817001]I hope I can sell my US property before they really tank the dollar, and then get over to Thailand and convert almost everything to baht gold.[/QUOTE]Excellent plan! You should go to a place that works for you. The place that treats you best.
[QUOTE=ExpatAmerican;2817198]So you think that the worlds biggest economy and global reserve currency will collapse and you will be safe with your money in THB? If the US dollar actually collapses there will be no safe haven asset. No currency, no precious metal, no crypto will save you then. Its like if a giant meteor hits the planet, you can't go hide in your basement.[/QUOTE]There is a big difference between a economic down turn and complete societal collapse. The dollar will collapse. But in my personal opinion not anytime soon. You will see the dollar eat other currencies around the world and when we are down to 3 or four different world currencies then the collapse will come. Right now the dollar is king. Everyone wants the dollar and it is currently the dog with the best fleas in the world.
In the case of total social collapse you are going to want to have prepared by being self sufficient (in as many areas as you can be) until the storm passes. Just think about what you can provide for yourself and work to do that as much as possible. That is if you actually think that is an important action to take. I don't know what is going to happen one way or the other or when it is going to happen.
[QUOTE=TooDirty;2817233]Precious metals will hold value. Thailand won't be too hurt by the demise of the USA due to stupidity. Pattaya might fare the worst of locations in Thailand. Thailand would be worse off if China collapsed, but China isn't run by total idiots like the west is now.[/QUOTE]Don't over think it. In the event of social collapse a can of tuna is going be worth more than a gold coin. If you have a gold coin and think you are going to trade for resources you better have a gun and back up otherwise the other party will put a bullet in your head and just take your gold. That is the history of gold. It invites violence on the holder.
Many do not like to say this out loud, but there is a very good reason why the United States of America has stronger military than the next 10 countries combined. Think they are just going to sit around and let their status in the world declined without a fight?
[QUOTE=Turgid;2817314]The US banking system has not been doing too well lately. If it collapses and you are in the US make sure that you have a basement full of non-perishables and a gun with numerous rounds.[/QUOTE]It is unlikely to completely collapse. There will be banks that will be allowed to fail. Others are two big to be allowed to fail. The US Government has a printing machine. And they have no problem making it go burrrrrr. And as long as there is a world wide demand for dollars the economic system will continue to function as it is. But don't expect to be able to preserve your buying power by holding dollars.
Thanks for sharing that is how I learn
[QUOTE=MrEnternational;2817161]That will not be a problem. Just go to one of the many discos and find a chick that you like. If she does not have a steady job then she will surely take you up on that offer.[/QUOTE]I like this idea. But I would take a little time and vet them to make sure I wanted to spend that much time with them. I have to have insane chemistry with a girl before I spend anytime with them other than "naked time".
[QUOTE=MrEnternational;2817714]LOL. Or he could be on his way to Mars in a rocketship that he built in his backyard. Dude we are talking about Thailand here. I seriously doubt some guy that probably does not even have a 3rd grade education knows anything about a keystroke logger. These are simple, unsophisticated, farmer folks.[/QUOTE]I did not realize that individuals were very unsophisticated in the tech areas. I stand corrected.