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Monomial

I volunteer to be injected with the virus...

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3 minutes ago, Monomial said:

I have been in Thailand for 20 years. I have nothing anywhere else.

 

Mmmmmmmmm... Oooopsie

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I feel your pain - my sympathy. 

 

Kudos for you that you at least got some savings to hold on.

 

I am with you seeing the economic situation at least as or more concerning as the virus itself. There is certainly soon a decision to be made between health measures, e.g. restrictions, on one hand, and economy on the other hand. My prediction for Thailand: the lockdown will stay in place for this month, and then gradually will be lifted.

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My thoughts are with you.

I guess even if you survived the virus, will you be able to still run your business immediatley?

Stay safe.

 

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43 minutes ago, Monomial said:

My business is destroyed.

What is your business?

Was it ever a profitable business?

How much did you safe in the good times?

How long did it take before it was destroyed?

Do you only blame the government or are you also in part responsible for what you did and didn't do?

 

I think it's fair when employees complain. Because they are used to having their salary every month.

But business owners should know better and should be able to survive for some time even in bad times.

 

I know a few business owners, including bar owners with 0 income. They still payed their staff at the end of March. They planned for bad times, they will survive. 

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21 minutes ago, Pravda said:

Good thread for anyone who wants to "settle" in Thailand.

Do business owners in many other countries have no problems?

Should we all blame the Thai government? 

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1 hour ago, cornishcarlos said:

 

Mmmmmmmmm... Oooopsie

I have been in Thailand for 20 years. I have nothing anywhere else.

 

I've always said, it's plain stupid to own anything in Thailand. Always rent and keep all assets and cash in your home country. Never cut ties with your home country.

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37 minutes ago, Pravda said:

Good thread for anyone who wants to "settle" in Thailand.

+1

 

Or for anyone considering to put any money into this country besides basic living expenses like rent and food expenses.

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37 minutes ago, wasabi said:

I have been very poor and even homeless at points in my life so I do sympathize HOWEVER my personal philosophy after coming to Thailand for 15 years is to never depend on Thailand for income and never invest more than I can afford to lose here.

+1, agreed.

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4 minutes ago, bbi1 said:

 

I've always said, it's plain stupid to own anything in Thailand.

 

Not necessarily true... It's good to invest but only what you can afford to lose.

Plus have assets elsewhere for times like this..

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7 minutes ago, cornishcarlos said:

 

Not necessarily true... It's good to invest but only what you can afford to lose.

Plus have assets elsewhere for times like this..

 

I never agreed with this philosolhy.

 

Does Warren Buffett invest money that he can afford to lose or does he invest money to make more money?

 

Some have done really well in Thailand. Most have not.

 

 

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