zydeco
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Posts posted by zydeco
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1 minute ago, Fred white said:
My comment was more of a joke but look at it this way your in line payute or one of these other high ranked baffoons comes in says he has Covid19 you don't think they won't kick you out to make room for them
My guess is if this does start to overwhelm the system, the hisos and upper middle class Thais (with insurance) who have not bugged out to some exclusive hospital retreat somewhere to get treatment, those Thais will already be taking all the beds. I don't think they need kick us out for the government bigshots and the like, however, because I imagine they already have beds and rooms empty and reserved for them just in case. Might be bad PR for Thailand, but I would hate to be a farang in a hospital during an emergency here. You could get dumped on the street or have your plug pulled.
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8 minutes ago, bristolboy said:There has been some concern on the part of progressive posters that Nancy Pelosi and the Democrats would be outflanked by Senate Republicans as regards cash disbursements to citizens. Fear no more! The Senate version not only favors corporations and business but gives very little to the poor including the working poor:
"Americans with little-to-no tax liability (aka, poor folks) will only receive a minimum payment of $600, unless they earned less than $2,500, in which case they get zilch. Low-wage workers who don’t have a federal tax return for 2018 or 2019—adults generally aren’t required to file one they earn less than the standard deduction—also won’t qualify for the early rebate."
Well, if this doesn't make the peasants go and grab their pitchforks, nothing will. It's time to charge the castle or resign themselves to 21st century serfdom. Wait, maybe if Mitch and Donnie offer free Netflix and Amazon Prime all we be forgiven.
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25 minutes ago, Fred white said:
Those with money or insurance go to the front of the line all others wait ????
The problem is that the line makes no difference. You get sick. You walk into the hospital and show them your insurance card and they say, "full up." Now, what are you going to do? I can just see the response of Thai news channels, "Farang with Insurance Demands Hospital Kick Out Thai Patients to Make Room for Him."
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Not one penny to Boeing unless and until the stockholders are wiped out. They profited off the stock buybacks and now they want everyday working Americans to provide some sort of insurance for their profits. No. Stock must go zero. If the stockholders don't like it, let them find their loan money some place else.
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3 hours ago, rabas said:
How do you juice markets with a low cost generic drug manufactured everywhere in the world since the 1940s?
I doubt he caused the run it is not new news, I stocked up 2 weeks ago.
Didn't you read the headlines: "Cure! It's all over. V-shaped Recovery Coming, Now." He juiced the markets yesterday with "hopium." That's what he usually does. He spent a year and a half using China trade war hopium to raise the Dow 3000 points.
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1 hour ago, MikeyScars said:
We knew this inevitable event was going to blow up, and the narrative is that foreigners are responsible and not the Chinese.
Next thing we need to worry about is the possibility of petty crimes initiated towards foreigners because of so many lost jobs.
People will dismiss what you wrote, but you're right. For a population who have lost work and don't have any cash in their pockets, that means they're going to look for the nearest Walking ATM.
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28 minutes ago, DLock said:
Tourism is dead worldwide, not just Thailand.
And, according to this report tourism is 10.4 percent of global GDP. Taking this down to zero assures a recession. Add all the other impacts and you get a depression. Yes, everyone will recover--economically. How long will it take?
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4 hours ago, webfact said:Pastry chef Abigail Rubin, 30, lost her job this week and for the first time applied for unemployment benefits. Grappling with the rapid changes to American life, she asked: "How did things end up like this?"
Because of debt. The virus only popped the debt bubble. For 11 years the American economy thrived on cheap money, QE, corporate debt, and consumer debt. Nobody saved. Why? Because the Fed destroyed people's savings with low interest rates. Everytime there was a hiccup in the economy, the Fed and the government lowered rates, printed more money, and told people to go out and "Buy!" So they did. And put it all on their credit cards at 20 percent interest rates. And corporations did the same. Took out loans and used the money to buy back their own shares to artificially inflate their stock price and get bigger executive bonuses. No investment in R&D. No new products. Otherwise, Boeing, for example, would have designed a new passenger jet from scratch, instead of going the cheap route and reworking the 737 into that Frankenstein's monster, the 737 MAX. The economy became financialized. And built on debt. $23.5 trillion in US debt, and Trump and Congress have just tacked on around another $8 trillion in the past four days. The rest of the world did the same thing. Over $250 trillion in global debt. Sorry, Abigail, the US government, the global bureaucrats, the bankers, and the CEOs just consider you roadkill on the way to lining their pockets.
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3 minutes ago, Gweiloman said:No big deal. According to TVF experts, no one wants to come to Thailand anymore anyway. The government should just impose a total ban like many other countries.
Actually, they should. It's going to happen anyway. They're just putting a smiley face on it. That's okay. Everybody is shutting down. The only way to fight this thing. They actually did something good, to my mind.
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Private companies operating on reserves as incomes nosedive: survey
in Thailand News - Discussion
One of the few groups of people in Thailand with guaranteed continuing income is: farangs on retirement extensions. One of the very few ongoing income streams for this country. Interesting, eh?