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Baht surges against most currencies, battle for first Thai casino - Sept 24 

Tim Newton Today
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Thailand news - Thailand's baht is surging against the USD and many other currencies amid calls for the Bank of Thailand to try and curb its increases. Thailand's freelancers, including sex workers, will get added protection and welfare from a new bill, floods and mudslides have returned to northern Thailand, whilst dams in central Thailand are waiting for rain, and which area is going to get the go ahead for Thailand's first casino?
Tim Newton Today is daily news commentary about Thai and the region, including issues of interest to expats and travellers to Thailand.
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24 сен 2024

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Комментарии : 192   
@joe3394
@joe3394 День назад
You didn’t show the chart forTHB -- > Japanese Yen or Korean currency 😢
@martinascot5477
@martinascot5477 День назад
The baht is to the best of my knowledge Thai only.....so why keep yabbering Thai in front as there in NO chance of it coming from ANY other country.
@thefuturefactory56
@thefuturefactory56 День назад
Of course the usual suspects..the 5 or 6 multi billionaire families who already own most of the large businesses in Thailand will own the casinos.
@martinpowell5769
@martinpowell5769 День назад
What about the English £ too much talk about the Dollar
@PeterBren
@PeterBren День назад
GBP increased in value against Thai baht! ☺️
@philipkeeton6542
@philipkeeton6542 День назад
Regarding the expat Australian man who has been caught stealing from the 7.11. I don't really agree with what you said about trying to help them. Surely if they can't afford to stay in thailand then they should go back home. I have met many Australian men in thailand who are living on very little and have no health insurance but espect the expat community to help fund their hospital bills.
@timnewtontoday
@timnewtontoday День назад
In many cases they simply can’t go home. They have nothing to go home to.
@molonlabe9602
@molonlabe9602 День назад
That's their doing/fault. Surely they made what they knew at the time were bad decisions that resulted in these outcomes. They're what is called irresponsible people... lots of these type in Thailand.
@user-nj3os7hp1p
@user-nj3os7hp1p 17 часов назад
@@timnewtontoday they are not complying with the law in Thailand, if they don't have adequate funding, they should go home.
@jeejj6860
@jeejj6860 16 часов назад
What is the deposit for a case of large bottles with the beer case? Or what is the deposit for just the empty case. Just sitting across the border in Thailand. Thanks
@stevebubbie1126
@stevebubbie1126 19 часов назад
Hi Tim, Here's another story this time from Malaysia. Associated Press. It surfaced last week and today there's more news. "Malaysian Police Rescue 187 More Children As Sex Abuse Probe of Islamic Groups Deepens". A tragic story. To brighten things up a bit, regarding the strong baht of late, give it time, it'll swing back in favor of the U.S.D. and other currencies. Some 5 years ago on one of my trips to Thailand, i got about 30 baht per dollar. It's still a bargain. Farangs this past year made out like bandits
@timnewtontoday
@timnewtontoday 19 часов назад
Yes. We did this horrific story last week. Awful
@thailandcampingwithnataandjay
@thailandcampingwithnataandjay День назад
Oh come on Tim, a thief is a thief. The elder Australian guy was stealing Vitamin C, hardly a necessity. And from the look of his belly, he has plenty of money to buy beer. Most of us go without certain items, rather than steal to get them. Why make excuses for criminal behaviour on someone else’s behalf?
@timnewtontoday
@timnewtontoday День назад
Good lord. I merely used the story to comment on the plight of older expats that may end up in a poor situation. I made no moral remark about his guilt or innocence.
@thailandcampingwithnataandjay
@thailandcampingwithnataandjay День назад
⁠@@timnewtontodayhe gave the excuse for his stealing that he didn’t have any money, and you automatically believe him? 😂 You are making a moral statement on the situation because you’re assuming he needs financial help, when he is more likely just a habitual thief. A dishonest person who thieves is dishonest in all facts of their lives, including lying when they caught. You seem to be a bit of a bleeding heart, a tad naive, who desperately wants to see the best in everyone. Which probably explains why the Thai property owners took advantage of you with the failed hotel, why agents scammed you etc etc. He and all the other expats have made a choice to come to Thailand, they are big boys, and it’s not up to moral crusaders to save the day. If you want to make real change, put pressure on the relative foreign embassies to help these people IF and when they ask for it.
@thailandcampingwithnataandjay
@thailandcampingwithnataandjay День назад
@@timnewtontodaythese are grown men who CHOSE to come to Thailand. They are big boys who need to be accountable for their own decisions and actions. I know full well from experience that a dishonest thief is dishonest in all aspects of life, and don’t belief for one minute that he only stole because he doesn’t have money to buy vitamin C. If you really want to make a difference, put pressure on the relative foreign embassies to actually help instead of ignoring these people, IF and when they ask for it.
@beverlyweber4122
@beverlyweber4122 23 часа назад
It's not quite to 30 baht like it was in 2019...at least not yet. I still survived well enough back then. Disappointing but it'll adjust back up. When it does, I'll send more $$ over to the Thai bank acct.
@lmarcus8697
@lmarcus8697 21 час назад
The underfinanced expats is an interesting dilemma
@molonlabe9602
@molonlabe9602 День назад
As for the "free lancers", no benefits without meeting the same obligations that others must adhere to. Thailand suffers if the Baht isn't at least 36 to the US dollar. As soon as the powers to be have made their big overseas purchases/investments and their businesses start suffering, the Baht will weaken again.
@thefuturefactory56
@thefuturefactory56 День назад
As for that 82 year old Australian thief. The current aged pension for Australians is $1116 or about 25,000 baht every 2 weeks. What excuse does an old single man have for claiming they are poor if they come from Australia?
@timnewtontoday
@timnewtontoday День назад
We don’t know if he’s getting, or is eligible, for the pension from Australia. For expats living out of the country for a long time, it’s very complicated to get it.
@molonlabe9602
@molonlabe9602 День назад
Then don't live outside of the country if you don't have other stable and assured income streams to support yourself. It's simple.
@user-nj3os7hp1p
@user-nj3os7hp1p 17 часов назад
are you not required to travel back to Australia once a year to remain eligible?
@thefuturefactory56
@thefuturefactory56 17 часов назад
@@user-nj3os7hp1p No, you are not required to return to Australia, ever. As long as you meet the 35 year residency/working rule ( although you can get lesser amounts for shorter residency) , are of the age when a pension is available you get it no matter where you are. It is also less than if you remain in Australia as they remove special additions that help you cover some expenses there.
@thefuturefactory56
@thefuturefactory56 17 часов назад
@@timnewtontoday He's 82 so I presume he would have met the 35 year working/residency rule to get the maximum amount. If he's been here for 17 years then how has he been able to meet the visa requirements to stay here, especially the money/income for a long stay visa?.Sorry but I don't feel sorry for those that claim they can't afford to be here and resort to stealing. Perhaps Australia should repatriate people like this?
@davidlocker5398
@davidlocker5398 День назад
Maybe have a one time fee for expats to go into some kind of an insurance system. Maybe the insurance system only covers transport to expats country of origin or if enough money maybe help for short period of time til they get back on their feet ?
@user-nj3os7hp1p
@user-nj3os7hp1p 17 часов назад
I keep 800k baht in a thai bank. per the agreement I have with Thailand for the privilege of staying here. how is this guy staying if he has to steal?
@F.C.77
@F.C.77 День назад
With this exchange Thailand is becoming pretty expensive.
@user-nj3os7hp1p
@user-nj3os7hp1p 17 часов назад
it's about where it was when I first started coming here. not concerned.
@G-rig6969
@G-rig6969 День назад
It's a shame, dope and casinos will ruin that place, not necessary at all. Baht to AUD looks like it's still very bad. Certainly adds to the increasing cost per and less fun factor these days.
@matthewgreen9062
@matthewgreen9062 День назад
Why help a thief Tim , I’m sorry love your channel but I don’t support helping a criminal. He should say if needs help never rob it’s disgusting
@timnewtontoday
@timnewtontoday День назад
I ask the question about the circumstances or desperation that drive him to commit the crime. Like the starving child who steals a loaf of bread, there are sometimes reasons to look beyond the black and white.
@matthewgreen9062
@matthewgreen9062 День назад
@@timnewtontoday love the channel and yourself mate and I respect everything you do for your channel and mean that , I followed you for years even before you had this Channel and Jett also . But I still don’t believe we should help a thief, if an old man needs help then ask for it , don’t break the law and start thieving. This is why the U.K. is ruined Tim . No respect these days and the old generation should know better . Maybe my opinion but I don’t support criminals but if old man asked me for help and I could help him then that’s not a problem but don’t steal my friend. Keep up good work Tim 🙏
@ViewTalay
@ViewTalay День назад
@@timnewtontodayand because he is Aussie…maybe that came into it too
@molonlabe9602
@molonlabe9602 День назад
Agree, too many irresponsible people being coddled and enabled in the name of compassion is leading to a rise in lack of accountability. The starving child has an adult(s) who should be held responsible for that child. If you can't support them, don't make them. If you can't figure out how to prevent making them, stop having intimate relations. It is, and should be black and white as to what is right and what is wrong. I'll bet the senior citizen expat thief has money for beer and/or cigarettes.
@matthewgreen9062
@matthewgreen9062 День назад
@@molonlabe9602 great comment I totally agree
@livsstilen
@livsstilen День назад
Yep I had to pay an extra 2000 thb in order to transfer 31000 to thailand, compared to last time
@R3DPR
@R3DPR 9 часов назад
They won´t recognize sex work as a legal profession as it would be too embarrassing for the facial status.
@seamusbrennan6302
@seamusbrennan6302 День назад
so it's gonna be Gambling in and Cannabis out !
@rosskennedy
@rosskennedy День назад
Phonphaisi area not stop raining last 4 days, 100+ mm in gauge.
@vgshwk
@vgshwk День назад
Going to be a lot more people buying there beers at 711 than the bars.
@ghorpestad
@ghorpestad День назад
Hi Tim You should take a look at Scandinavian currency as well Norwegial krone NOK, Swedish krone SEK and Danish krone DKK is not a tradable currency in Thailand these days
@thesheperd7567
@thesheperd7567 День назад
I smirk at the newbies calling out the old sweat cheap Charlies. Imagine coming from the UK and exchanging above 70 baht to the £. Calculate transferring 800,000 back then and transferring now. I remember OAP's wracking the pool tables, playing 4 in a row for beer and always loosing. Always ringing the bell and everyone was delighted, drinks and tips were always on flow and we would barter down but hand the original price over anyway. We are not cheap Charlies we are trying our best to preserve the lifestyle we retired to. We didn't come here and adjust to around 43-44 baht to the pound and never imagined it dropping to an eye watering 36. If today's newbies halved their exchange rate next month would they be budgeting or pretending all is fine. From 72 to 36 is exactly that. Every baht dropped is a winner for all. My Optimism is with BRICS. No idea what I'm talking about there, just staring at the clouds wondering if my exchange rate is still up there doing nothing.
@neilrmartin1984
@neilrmartin1984 День назад
Odd because it was largely the older UK generation whose votes sent the £ plummeting (for good) in 2016
@Belv6
@Belv6 День назад
Another broke runaway....
@specialized500
@specialized500 День назад
​@@neilrmartin1984I am old and I did not vote to make myself poorer but I know plenty who did !
@frankcherry3810
@frankcherry3810 День назад
Chiang Mai City- Ping river at flood stage, raining hard at 5pm
@PeterBren
@PeterBren День назад
Casinos are not as popular as is supposed. Especially when a government gets their greedy hands on the profits. Look a Sihanoukville. A disaster. The chinese lost millions.
@phill7573
@phill7573 День назад
I'm definitely getting less baht for my $. It's important for expats to factor in currency exchange rate swings when planning budgets. A 10 to 15% swing can make a huge difference. Always live below your means so you can survive such swings.
@daviddowling3796
@daviddowling3796 День назад
I'm getting 31.9 thb/usd from atm in Petchabun 😢 was 37 in April
@ant7281
@ant7281 9 часов назад
The Aussie is entitled to a pension from the Australian government
@4KChillVibes.
@4KChillVibes. День назад
I rekon the casino complex will be in na jomtien in the Ambassador Cityhotel complex, the thai licence proposal has so far stated that they require a 5 billion baht up front fee for the 30 year licence, renewed anually at 1 billion the chosen complex must have a business complex comprising 4 different business's in a resort style complex, the ceo's of wynn group, mgm, and sands group all stated that they had an interest in thailand at recent press conferences where company results were published
@bobbybayls30
@bobbybayls30 День назад
Tie the currencies back to the gold standard and do away with the hedge funds and speculators manipulating the market. The down turn in other currencies is in part caused by many governments recklessly printing money.
@KjeldJohnsen-q1g
@KjeldJohnsen-q1g День назад
For pensioners in Thailand, it can be a hard time when Baht surges. They get less money and when you have less money to spend the first place, they save are restaurants visits also visits to many other shops the normally would go to. So, a surges of Thai Bahts not only hurts exporters and the tourist industry it hurts many small businesses i Thailand.
@robertgroves391
@robertgroves391 День назад
Nakhon Ratchasima or Korat is the gateway to Issarn it isn’t Central Thailand Tim it is still North East and the very start of the Issarn region.
@jz3689
@jz3689 День назад
Stop smoking the weed buddy
@robertgroves391
@robertgroves391 День назад
@@jz3689 never touched the stuff and never will, but thanks for your ridiculous comment very insightful.
@ianmceach2576
@ianmceach2576 День назад
Australian pensioners will receive around AUD $530,a week, in Thailand, so less booze and more planning. Mental health support needed and probably internet help in dealing with government agencies.
@paulguthrie6736
@paulguthrie6736 День назад
you have to live in Australia for 2 years without leaving before u can claim this
@user-qn4zh2pw6m
@user-qn4zh2pw6m День назад
The dollar and other currencies will appreciate against the baht as lower interest rates become the norm.
@rahimmajid647
@rahimmajid647 День назад
The Thai Baht and Malaysian Ringgit remain more or less consistent because they're both strengthening in value against other currencies. MYR to USD used to be around 4.7 to 1. Now it's around 4.2 to 1
@ralphlewis6773
@ralphlewis6773 День назад
I thought that Nana Plaza was already classified as an "Entertainment Complex" It does have gambling after all. You roll the dice and hope that you don't catch an STD...555
@BobbyDazzler888
@BobbyDazzler888 День назад
You must engage in prostitution to possibly catch an std. prostitution is illegal in Thailand remember?
@MikeyInThailand
@MikeyInThailand День назад
Finally my 800000 is appreciated retirement visa fund
@gilllawson2214
@gilllawson2214 День назад
Need it to be about 35 baht to maintain my budget If it keeps going down it’s time to rethink my living situation
@teplostar
@teplostar День назад
Probably the strength is reflecting the possibility of the second term for Democrats. It might collapse USD under burden of illegal immigration.
@martinpowell5769
@martinpowell5769 День назад
Can always move to Cambodia, things are apparently cheaper there- Accommodation etc etc
@iananderson374
@iananderson374 День назад
If the rate is not lowered soon you can watch the hotel bookings drop on mass in days .
@Wilko11
@Wilko11 День назад
The Australian dollar is still fairly stable against the Baht. And increasing against the US dollar. Also the Canadian & New Zealand dollars are up v US$. 👍
@glenloader639
@glenloader639 День назад
@@Wilko11 I'm Canadian and 3 months ago I was getting just about 27 to the dollar now just 24 so that is a 10 % loss on 1000 dollars. Yes the Canadian dollar has gained on the US though I live in Thailand so the gains I'm making against the US dollar aren't really doing any thing.
@deviousmeuk
@deviousmeuk День назад
Hopefully Phuket gets the casino as we're not planning on returning there.
@glenloader639
@glenloader639 День назад
The sex workers seem to be unable to get their stories straight, at present they say they don't want benefits, though when Covid was a issue the sex workers were complaining how they couldn't get benefits.They don't want to register because if they do people will know what they do and sex work carries a lot of stigma in Thailand. The sex worker will then lose face which in Thailand a major concern for every individual in Thailand.
@KingNeptune185
@KingNeptune185 День назад
Baht gonna change to the dollar after November ;)
@timnewtontoday
@timnewtontoday День назад
Huh?
@_Alfa.Bravo_
@_Alfa.Bravo_ День назад
... you mean 5th Nov? Depends on the result ...
@TheNobleOne70
@TheNobleOne70 День назад
I will admit the currency exchange is starting to bite. Was X amount each month, now Y amount each month. I have Z up my sleeve, but after that............
@coryjackson3131
@coryjackson3131 День назад
Hi Tim 🙏 That’s a sad situation for a 82 year old expat to be living on such limited resources. Please keep us updated on your plans to see about assistance for those in need.
@alansmith4387
@alansmith4387 День назад
Hi Tim, what kind of punishment will that vitamin C Australian, will he be deported of thrown into jail? Don't know how serious shoplifting is in Thailand
@TheChakwow
@TheChakwow День назад
I thought there was no prostitution in Thailand 🤑
@StephenMaher-w7q
@StephenMaher-w7q День назад
@@Wilko11 But only in soi 6
@TheChakwow
@TheChakwow День назад
@@Wilko11 They want to tax illegal earnings from a non-existent profession
@Revonish
@Revonish День назад
Yes, everywhere hammered except Li, Lamphun, we are south of Hangdong, equidistant between Lamphun & Lampang
@brad180564
@brad180564 День назад
75 basis points further cuts are on the cards up til xmas
@ChristianGuitard-v7f
@ChristianGuitard-v7f День назад
What kind of shirt is that??? I am NOT having it!! Back to Lazada or else!!!
@markgmurray9305
@markgmurray9305 День назад
Perhaps give value on all currencies I am sure a lot European people live go there.
@frankcherry3810
@frankcherry3810 День назад
I can send you a picture
@PeterBren
@PeterBren День назад
Problem is in Thailand you have to buy the Baht first, lose, then buy the dollar. However in Cambodia the USA Dollar can be bought with the UK pound.
@kylep292
@kylep292 День назад
its okay however. if ya don't drink too many beers its still about 20 bucks a day on a us holiday and less if you are local. Thai baht worth 10 us or 40 us its still a great place to hang out or vacation. the weather and the people make up the difference !!!!
@sarlina1
@sarlina1 День назад
I like your mentality 😊😊
@molonlabe9602
@molonlabe9602 День назад
If fluctuations in the exchange rate affects someones ability to comfortably live somewhere, they shouldn't be living there.
@sflxn
@sflxn День назад
The Thai baht appreciation is going to be a major problem for Thailand. Pre-pandemic, thb was around 29 thb/usd. I was not living there at the time but remember hearing expats complaining about cost of living. It’s going to go back to that value. From the pandemic low of 38 to 29 is pretty significant. It’s like a 25% devaluation of expat spending power.
@spartanpatriot2028
@spartanpatriot2028 День назад
It’s definitely going to have an effect on tourism. Lots of people will be rethinking their vacation destinations.
@margaretgiudice7698
@margaretgiudice7698 День назад
I rather suspect it will have less effect on short stay tourists. The greater impact will be on expat retirees on limited income ie pensions.
@_Alfa.Bravo_
@_Alfa.Bravo_ День назад
... Thailand focusses on tourists from Asia. Less than 7% of all Chinese have an int passport yet .....
@sflxn
@sflxn День назад
@@_Alfa.Bravo_ the Asia whose currencies are getting weaker vs the Thb also? Last I checked, the Chinese tourist numbers are down… due to a weak economy.
@sflxn
@sflxn День назад
I don’t know if it’s true but I’ve heard rumors that with the Yen carry trade unwinding, global capital is looking for a new currency to do carry trades with, and the Thai baht was one of the chosen. If that’s the case, the. It’s not good news. It means the thb will keep strengthen and stagnation for the Thai economy like Japan for the last 30 years.
@WA4TKG
@WA4TKG День назад
I came to Phuket about two weeks ago. It’s rained every day but two,yesterday and the day before. Too bad I could never go diving as I planned, flying out tomorrow. That’s what you get with 3~4 typhoons 🌀 in a row
@Belv6
@Belv6 День назад
Hopefully next holiday you research before hand .... 11 other months would of been better for traveling Thailand
@maungsacca
@maungsacca День назад
They can print more money and give 10000 baht to each person in thailand and it will weaken the currency..😂
@AlaskaninThePhilippines
@AlaskaninThePhilippines День назад
Good on you Tim for helping the old stuck expats. Cheers from Hua Hin.
@jeoffer
@jeoffer День назад
Any news on when/if grumpy old men is returning?
@user-qn4zh2pw6m
@user-qn4zh2pw6m День назад
I'm curious too.
@_Alfa.Bravo_
@_Alfa.Bravo_ День назад
360,- THB for 15 Vit C capsules. Wow. At Boots you get Vit C for less than half the price
@erikjohansen9154
@erikjohansen9154 День назад
Somebody's got the finger in the pie never mind the needy
@Kevface
@Kevface День назад
I think the entire point of freelancing is to not pay Tax... Your not going to get Sex workers or other freelancers to just donate Tax based on the honnor system, Your weak Welfare system is not a sufficient draw for that...
@mangostickyrice555
@mangostickyrice555 20 часов назад
Thumbs up 👍 Tim…..
@daviddowling3796
@daviddowling3796 День назад
I think we're heading to 28 thb to usd$ 😢
@coryjackson3131
@coryjackson3131 День назад
I doubt it but I really liked the 38thb to a dollar
@gundam0816
@gundam0816 День назад
@@daviddowling3796 then Thailand would lose a lot of tourists, they won't allow that. They also need to keep exports cheap, so keeping the thai baht weak is important. Expect a stable 30-32 baht per dollar
@daviddowling3796
@daviddowling3796 День назад
@@coryjackson3131 us fed rates cuts will hurt us, miss the 38 days
@davehobwest
@davehobwest День назад
"because of profit taking in gold" reminds me of the days when oil prices fluctuated on "instability in the middle east," etc. In other words, the reporter has no idea really what's going on and just hand-waves two things together. He kind of has to right? I mean any business reporter that comes on and says, "it was another random walk on Wall Street today ... " is going to find himself looking for a new job. It's okay to report the two events, but I'm not buying into a cause and effect relationship just because a reporter says so.
@John-FO-81
@John-FO-81 День назад
The same for the Euro
@timnewtontoday
@timnewtontoday День назад
We mentioned the Euro
@frankcherry3810
@frankcherry3810 День назад
Thai Baht- Good time to buy $$$
@BoninBrighton
@BoninBrighton День назад
£1=43.56 Baht today via WISE
@jodu626
@jodu626 День назад
and the pound is at 2 year high aswell!
@michael-lt2lf
@michael-lt2lf 17 часов назад
Give them a break they've only been in for 5 minutes, this latest bunch of - will ensure the pound collapses😅
@jodu626
@jodu626 13 часов назад
@@michael-lt2lf 100%
@roadsofjapan6009
@roadsofjapan6009 День назад
Bank of Thailand 🇹🇭 😂 bank of the king , let’s compare its value based on what he is doing and buying , now that’s an eye opener 😂
@_Alfa.Bravo_
@_Alfa.Bravo_ День назад
... noyb+noob
@spartanpatriot2028
@spartanpatriot2028 День назад
All money can be manipulated
@martynrollinson
@martynrollinson День назад
Great made up numbers today....50% of gdp!!!! 😂😂
@ThailandThomas
@ThailandThomas День назад
Your creativity amazes me Tim on those beach houses. Glad you are working to help older senors in Thailand. We are all on the edge disaster if just a few things go wrong.
@AdaJara-l1i
@AdaJara-l1i День назад
Bank of Thailand says baht is highly correlated with gold price
@gundam0816
@gundam0816 День назад
Let me tell you a secret, gold is going higher and higher
@AdaJara-l1i
@AdaJara-l1i День назад
@@gundam0816 it says fluctuation not absolute price
@FrisianKiwi
@FrisianKiwi День назад
Just in time for the influx of the millions of tourists. Great for Thai businesses and equally great for Thai exports.
@johnswift1736
@johnswift1736 День назад
Yes. Exports like sugarcane, rice. Happens every year.
@philwebster3914
@philwebster3914 День назад
The 82 year old Australian should be getting the aged pension, it is what we will be living on over there soon
@timnewtontoday
@timnewtontoday День назад
He may not be eligible. Or unable to figure out the bureaucracy to apply for it.
@darwinstubbie860
@darwinstubbie860 День назад
Fat chance to get the pension. The Australian Government treats you like a traitor if you want to apply for the Old Age Pension from here. The rule is, come home and spend your pension in Oz.
@philwebster3914
@philwebster3914 День назад
@@darwinstubbie860 incorrect, be in Australia when you apply and off you go, that is what we are doing. If living outside Australia before qualifying for the pension you need to be living in Australia for 2 years.
@darwinstubbie860
@darwinstubbie860 День назад
I am aware of that but try to live in Australia for two years without accommodation. Any savings you might have would evaporate quickly.
@philwebster3914
@philwebster3914 День назад
@@darwinstubbie860 I guess we are lucky as we have Family here
@tronwars7130
@tronwars7130 День назад
The US dollar is in big trouble, they have cut rates yet inflation is still a big problem and will continue going up. I think they have cut rates only because elections are coming up, but if you look at the price of gold it's skyrocketing. And if the US economy is doing so well as they say, why cut rates, the fact is, most of the growth in the US is because of a lot of US gov money printing and spending. So it will be interesting to see how this effects the Thai baht moving forward.
@KjeldJohnsen-q1g
@KjeldJohnsen-q1g День назад
When they cut rates they trying to control inflation. Here in Thailand I wouldn't be surprised if Thai Centrak Bank lower the interest rate today, not because of inflation but because Thai Bakts surges. When the interest is lower Thai Bahts it will be less attractive for foreign investors.
@tronwars7130
@tronwars7130 День назад
@@KjeldJohnsen-q1g Yea, agreed, but also I noticed a lot more investment going into Malaysia and Vietnam now, not sure why, it could be Thailand has already had a lot of investment in the past, a lot of infrastructure has been upgraded.
@thefuturefactory56
@thefuturefactory56 День назад
The current U.S. inflation rate is 2.5% the lowest since Feb 22. The great economic work done by Biden/Harris after the orange traitor left a mess has brought inflation down from above 9% and now its within the range the central bank needs to start reducing rates and further reduce costs to Americans. Most economists see this as the correct move as does the stock market. Another 50 points may be on the cards in December, all great news for Harris and bad news for the orange traitor on Nov 5.
@bigwaidave4865
@bigwaidave4865 День назад
Please, there is nothing wrong with the dollar. Do you even have a clue as to why the federal reserve is even purposefully, lowering interest rates and devaluating the dollar ? probably not . China is doing the same thing with their currency.
@user-qn4zh2pw6m
@user-qn4zh2pw6m День назад
Inflation in the USA is yesterday's story. As there are data lags it's probably already is at 2% which is the federal reserve's target. The USA has achieved the coveted soft landing. The market in the USA broke 42,000 that simply does not happen if the economy is bad. China is the one with the problem. They're dealing with deflation. They are lowering their interest rate which is already low. The USA and EU have room to maneuver China is in a tough spot.
@markaustin1135
@markaustin1135 День назад
It’s not surging in Australia
@timnewtontoday
@timnewtontoday День назад
Did you see the graph?
@livsstilen
@livsstilen День назад
​@@timnewtontoday I had to pay 2200 thb extra in order to send 31000, to my wife in thailand. THE FUNNY part is that eggs cost the same as last month. Wtf? 😂😂😂
@kina1956
@kina1956 День назад
Hi Tim can I have a link to the Beach house bookings.
@timnewtontoday
@timnewtontoday День назад
The links are in the description of the video. Scroll down :)
@stanleystuart2008
@stanleystuart2008 День назад
Load of tosh this bht nonsense
@ChalermchaiWattanawongpi-lt9uw
Hi! Tim..😊😊😊😊
@NomenNescio99
@NomenNescio99 День назад
The 82 year old man in Pattaya was probably suffering more from mental health issues rather than limited means.
@russellgunther
@russellgunther День назад
You are pretty good at Thai pronounciation but you have never got your tongue around 'Ayutthaya'. I promise you, if you can perfect 'Ayutthaya' and 'Krung Thep' you will try to fit it into every Thai conversation just to impress Thai's and to feel like a legend 555.
@DominicMcCarthydomo
@DominicMcCarthydomo День назад
✊🏼 Tim re your work & compassion toward the elderly expat community who find themselves on struggle street. I'm a firm believer in being prudent & responsible for one's own path in life yet who knows why & how folk end up in such situations & end of day such a fate could befall the most well planned & prepared. Moral: kindness & compassion above scorn & judgement. 🙏🏼👍🏼
@KingShaf7
@KingShaf7 День назад
It’s stable against the gbp at the moment and nice and sunny at Jomtien beach all day so far
@phillipfairbrass3575
@phillipfairbrass3575 День назад
Your not in pattaya for the sun that's for sure
@TeddyBear-zj4qg
@TeddyBear-zj4qg День назад
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