Anset2000 Blog

These are photos taken in a local supermarket in Hong Kong in May 2016, nit during a sales period. If this is not a deflationary recession, then i do not know what it is. Please see also my YouTube channel:  https://www.youtube.com/user/settime2588 Please see also my YouTube channel:  https://www.youtube.com/user/settime2588 All photos were taken inside TASTE supermarket in Citygate shopping mall, Tung Chung, Lantau

  A note about the trend in the price of hotel nights in Bangkok, Thailand in the period 1991 - 2016 The costs in of staying one night in a decent hotel in Bangkok, does not seem to have increased at all in the past 25 years. This notes considers the cost in US$ and hotels of similar quality. An hotel accommodation is the kind of service whose price is supposed to rise faster than commodities and other material goods but this does nit seem to have happened. The 25 year time frame is long enough to even out local economic fluctuations. In the image below  you can see the bill from my last stay in Bangkok. The hotel is the Grande Centre Point Ploenchit . It is a good hotel, but by no means very luxurious. The cost of a two nights stay was 7,194 Thai Bath equal to US$ 201.56 or US$ 100.50 per night. I remember paying 135.00 US$ to stay in a hotel of comparable quality in 1991. At the time this price did not seem particularly high. I have a ...

This photos have been shot in the main shopping street of Turin, Italy, near Via Roma and S. Carlo Square.  Until two years ago these shops were rented at ever increasing prices and tenants were fighting bidding wars to take them. N ow you see only "for rent" advertisements everywhere and nobody seems interested. If this is not an economic depression, then I do not know what it is. A video shot in the same area is here:  http://youtu.be/71rP-T9EfDo Please see my collection of videos on my YouTube channel:  http://www.youtube.com/user/settime2588/videos