buffalo_bill Posted January 22, 2015 Report Share Posted January 22, 2015 For me, actually I don't care much - I'm one of those assholes who comes in from a pretty good overseas gig with RnR, for a few days of wild abandon, throws my baht around like a jackass, then heads back out ...... YimSiam I proudly join your jackass concept ; I may repeat for the 10.000 th time : if you like it somewhere don't move there for ever . Link to comment Share on other sites More sharing options...
limbo Posted January 22, 2015 Report Share Posted January 22, 2015 Euro to baht is no more 44 but more like 37 at the moment. That's closing in on 17-18% Link to comment Share on other sites More sharing options...
jon46 Posted January 23, 2015 Report Share Posted January 23, 2015 When oil prices dropped during the summer months (June, July till the present time), the dollar started to appreciate against most major currencies. This is because the price of oil is in US $. It is interesting to note that the US $ has not appreciated as much against the Thai baht than say the Malaysian Ringgit or the Singapore dollar. Today, the US $ is about 32 baht versus 40 something after 1997. It was as low as 52 to the US $. Yes, Pantip Plaza is not the same as years ago and I believe it has to do with modern technology. People use laptops and tablets which are very hard to upgrade. Movies can easily to downloaded for free. I have not made my way to NEP and Soi Cowboy to comment but will in the coming days. Link to comment Share on other sites More sharing options...
Specialist Posted January 23, 2015 Report Share Posted January 23, 2015 The Euro folks have announced a "quantitative easing" program, similar to the one that crashed the dollar. They even ADMITTED that the purpose is to raise the inflation rate of the Euro. The Euro nose-dived against the dollar the moment the announcement came out. Link to comment Share on other sites More sharing options...
buffalo_bill Posted January 23, 2015 Report Share Posted January 23, 2015 The Euro nose-dived against the dollar the moment the announcement came out. Whis is what they wanted to happen . The export industry is jumping with joy , BuBi is sad . Side effect is that purchasing in China needs more attention , more and more products are too expensive now if you consider unreliability and quality issues . Link to comment Share on other sites More sharing options...
YimSiam Posted January 23, 2015 Report Share Posted January 23, 2015 more and more products are too expensive now if you consider unreliability and quality issues . ... and so we return to the earlier points made about beer, barfine and ST/LT rates currently prevailing in Bkk... and note the profound parallels between sanuk in LOS and Chinese manufacturing. YimSiam Link to comment Share on other sites More sharing options...
Flashermac Posted January 23, 2015 Report Share Posted January 23, 2015 I suppose the next step will be to put meters on the BGs. Link to comment Share on other sites More sharing options...
YimSiam Posted January 23, 2015 Report Share Posted January 23, 2015 Hell, after a long flight, I'm willing to spend a couple hundred baht extra! And I prefer to go with the ones who wear their trilingual "Japanese Cessation" sign... Link to comment Share on other sites More sharing options...
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