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thailand is the most beautiful place in te world and bangkok is just stunnig. oh what I'd give to go back there.... I envy you OP ;_;
first, ignore the protip. thailand is very safe and if you're white you have very very low chances to get raped or robbed not to mention murdered. I mean it.
anyway, you have to see the pingpong show. it IS sexual stuff but god, how amusing it is :D
take the aids warning seriously. They say that more than 30% thai sex workers may be HIV positive, not to mention stuff like HPV etc.
Yes, suits are cheap as shit. Generally Bangkok is cheap as shit and not only for american standards, I live in eastern europe and still find Bangkok shockingly inexpensive. Big tasty 2-course meal for two in a nice japanese restaurant costs around 20$
And for the suits, they can make you a nice set of a suit, pants, two shirts and two ties for about 200$ - maybe not armani quality but still very nice and there is a very wide choice of fabrics and fashions offered. I don't know any recommended tailor shop but hey, they're like EVERYWHERE. I'd try Silom Road or MBK shopping mall maybe.
go see erawan waterfalls in kanchanaburi, but not on weekend [crowds, thais coming for a picnic lol]
It's really beautiful, you can swim in it! and it's only like 2hrs ride from Bangkok.