Who's never traveled outside of the United States?

I can tell from watching TV and YouTube that most foreign countries are filthy third world countries. I don't have go actually go there.

Says the guy from... Baltimore

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Okay, and if we're looking at a widespread economic contraction next year, inflation will be something central banks will be trying to restore and prices for goods and services can only decline.

Would be nice but I doubt it. Taking commercial real estate for an example, we've been looking to move office buildings for years. However, no property manager wants to lower their rent because it lowers their market value and lenders don't want that. So instead it sits vacant for years and they write it off on taxes.

I pretty much apply that to pretty much everything nowadays; companies don't want to lower their market value because of investors so instead they'll cut jobs to make it look like they're doing good.
 
Would be nice but I doubt it. Taking commercial real estate for an example, we've been looking to move office buildings for years. However, no property manager wants to lower their rent because it lowers their market value and lenders don't want that. So instead it sits vacant for years and they write it off on taxes.

I pretty much apply that to pretty much everything nowadays; companies don't want to lower their market value because of investors so instead they'll cut jobs to make it look like they're doing good.
If I run an airline, a hotel or a restaurant, my fixed costs don't go away just because the number of travelers I can attract declines with economic conditions. I have the choice of lowering price to maintain some trade or maintaining prices and losing more trade.
Which will I do, especially since all three are really cutthroat businesses, especially airlines?
In the case of commercial rental property, market value is very much based upon occupancy rate, not simply a claimed lease rate per square foot that cannot be realized. Lenders and investors are well aware of local markets as well as how any given property ranks within them and unless the owner has rental income to offset, there is nothing against which he can write anything off.
There are also tenants property owners want and those that they don't and different lease rates may be offered to different clients on that basis, although this may be disguised by an offer of extensive renovation at the owners' expense. For example, most buildings don't want occupants who will generate a lot of in and out traffic all day long, and they'll tailor offers to discourage such tenants.
 
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No way no day nohow

So-basically you can't afford too?

Is that what I am reading in to your comment?
Not knocking it...just trying to put it in to perspective.
That's the number one thing (IMHO) that comments lack on here-what's the PERSONAL PERSPECTIVE.
 
We just got back from a week in Portugal and spent the month of February in Roatan, Honduras,. It was great experiencing new cultures and people.
 
A few years ago I never had much desire to travel outside of the United States. In 2023 I went to England and Wales. Had a ton of fun. Last year I went to The Netherlands and France. So much fun. Then later in the year I went with my best friend to the Philippines. Had an amazing time.

Just took this picture moments ago of some people commuting to work in South East Asia this Monday morning.

Is this something one wants to travel from the U.S and spend the money and vacation time to experience?

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I’m not sure if this was a sarcastic post or not. My time in the Philippines was incredible and I spent alot of time in the non-touristy places as well. Saw alot of sad things but the people were happy. They were the kindest people I’ve ever met. Beautiful country, culture, wonderful food. My friend is from the Philippines and he’ll retire there. My plan is to part time retire there too, though that’s a long ways away.
 
I had no interest in reading this thread until a friend mentioned it to me.

I wish I were more traveled because of the wonderful places and people... Everyone has been so kind to this crazy Californian. I was able to return the favor, due to my career in Silicon Valley High Tech. You have to be ready to jump on a jet on a moment's notice.
Some standouts to me are Paris and the beautiful North of Germany.

Paris, because while I am not such a city lover, what a magical place. Anywhere on the Metro. The Louvre, the Left Bank of the River Seine, etc.
Germany; the people, the beauty, so much more.

Edit: @AutoMechanic you haven't had good food until you and your lady have had onion soup and baguette while people watching on the streets of Paris in the spring!

To all; imagine being handed the keys to a brand spanking new black on black Audi A6 in Hamburg and headed up the Autobahn. Ausfahrt. There are no billboards and advertisements; all you see while driving in Germany is beautiful green countrysides. I do admit wanting to see Stuttgart and those incredible Porches...
 
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A few years ago I never had much desire to travel outside of the United States. In 2023 I went to England and Wales. Had a ton of fun. Last year I went to The Netherlands and France. So much fun. Then later in the year I went with my best friend to the Philippines. Had an amazing time.


I’m not sure if this was a sarcastic post or not. My time in the Philippines was incredible and I spent alot of time in the non-touristy places as well. Saw alot of sad things but the people were happy. They were the kindest people I’ve ever met. Beautiful country, culture, wonderful food. My friend is from the Philippines and he’ll retire there. My plan is to part time retire there too, though that’s a long ways away.
Nick, how old are you? By chance do you know the number one industry without question for the Philippines?

Glad you enjoyed the Philippines. Some day maybe you and I will have a coffee in Phoenix, and can converse on the Philippines and SE Asia.

England, Netherlands, and France all sound like great destinations to visit. Of the three, my preference would be the countryside of France, countryside of Britain, and finally the countryside of Netherlands. At my age, no desire whatsoever to vacation in the major cities of any of those nations.
 
Nick, how old are you? By chance do you know the number one industry without question for the Philippines?

Glad you enjoyed the Philippines. Some day maybe you and I will have a coffee in Phoenix, and can converse on the Philippines and SE Asia.

England, Netherlands, and France all sound like great destinations to visit. Of the three, my preference would be the countryside of France, countryside of Britain, and finally the countryside of Netherlands. At my age, no desire whatsoever to vacation in the major cities of any of those nations.
About 10 years ago we took the train from Switzerland to Denmark and spent a week on a dairy farm out in the country. We then moved on to Friesland and spent a week or so in some of the rural parts up there….magical places. Great people.

I’ve always been keen to try the Yorkshire Dales……
 
I love traveling and I wish I could do a lot more! I love Canada but I also love visiting the US (I have been to about 25 different states in my life) and I have also been to Mexico, Cuba, The Dominican Republic and Jamaica. I have never been to Europe but I would love to! I love meeting new people from other countries. I’m experiencing a lot of that right now since I started doing my Niagara Falls walking tours and I love spending time with people from different parts of the world. It makes me want to visit more of those places ☺️
When I worked for a hotel it was interesting that many Europeans couldn't wrap their head around the size of the USA or Canada. I had an Italian guy visiting and he asked how far a few of the ski resorts were and he said forget it way too far to drive. Apparently an hour and a half each way was considered crazy without using a train.
I haven't ever travelled outside of the USA. I've been wanting to but never had the time or money.
 
When I worked for a hotel it was interesting that many Europeans couldn't wrap their head around the size of the USA or Canada. I had an Italian guy visiting and he asked how far a few of the ski resorts were and he said forget it way too far to drive. Apparently an hour and a half each way was considered crazy without using a train.
I haven't ever travelled outside of the USA. I've been wanting to but never had the time or money.
I think it's a universal thing. Not just a red neck closed minded 'mercan thing.

MANY People around the world have some pretty ignorant views of the USA. It's either all Chitcago shooting crime or all Yellowstone or all NY or all Hollywood. No idea how regional differences of many varieties abound. A friend in HK (well informed, old Brit HK) thought during 9/11 all cities in the USA were under attack, and other folks think it's Hollywood 24/7, etc. The only warning I give them: "Don't randomly walk into a USA restaurant and expect good food" hahahhaahahahaha
 
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When I worked for a hotel it was interesting that many Europeans couldn't wrap their head around the size of the USA or Canada. I had an Italian guy visiting and he asked how far a few of the ski resorts were and he said forget it way too far to drive. Apparently an hour and a half each way was considered crazy without using a train.
I haven't ever travelled outside of the USA. I've been wanting to but never had the time or money.

I have to double check but what's crazy is if WW2 was in the USA, the entire western front would basically fit inside the very west part of Texas from the panhandle border.
 
I'm not sure it's possible to fully appreciate the USA until you've traveled other places and met very different people.

I've been to Canada, Mexico, UK, Germany, Ireland, France, Austria, Italy, Bosnia, Oman, Saudi Arabia, and Romania. and every US state except those NE of NYC and Alaska.

I'm always happy to be in Indiana.
 
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