zydeco

4 hours ago, wombat said:

with the amount of American Fed Debt that China owns that they can call in it won't be China that goes bankrupt first

You literally have no idea how this works, do you?

Once again, the coronavirus mainly attacks those over 60. Except in Thailand.

9 hours ago, webfact said:

He said U.S. President Franklin D. Roosevelt serving four terms because of the upheaval his country was going through at the time was an example of why presidential term limits were sometimes superfluous.

So, Putin is fighting World War III then.

3 hours ago, lannarebirth said:

what good does lowering the payroll tax do?

Well, it does add an additional $1.75 trillion to the deficit, making for an almost $3 trillion dollar annual deficit. Oh, and it destroys Social Security and Medicare. All because Trump wants to juice the stock markets again.

3 minutes ago, DrTuner said:

Trump's wall will become handy, but they have to build another one on the Canada border.

Better to build one around DC.

3 minutes ago, Nyezhov said:

Have they been the beneficiaries before?

Ask and you shall receive: https://www.cnbc.com/2017/12/01/heres-how-trump-stands-to-benefit-from-the-republican-tax-bill.html

1 minute ago, Chomper Higgot said:

He knows his time is up.

One thing I do want to know is that if indeed they do pass some new stimulus bill that directs bailout money to businesses, will someone please check to see this time if the Trump family is among the beneficiaries? Until and unless that is cleared--no bill. And even if there is a bill, it should be accompanied with a rollback of the corporate/bankster tax cuts for the one percent Trump got in 2017.

Why do I get the feeling reading this topic that Thai authorities are deliberately holding their numbers down so that they can wait for massive outbreaks in Europe and North America? Then, they can loosen the reporting of their own numbers and blame the outbreak in Thailand on Europeans and North Americans, instead of Chinese.

2 minutes ago, Nyezhov said:

Bunch of oldjes in a nursing home buy the big ticket and the stock market collapses. OK then. . . .

 

Now mind you Im high risk, so perhaps thats why I am so cavalier. I survived worse.

I'm not at all cavalier about this, because I want to see my country safe and prosperous. And I would like its citizens to have a better life, young and old. And I don't laugh off potential death, just because it takes place in a nursing home.

On 3/8/2020 at 1:22 PM, tuktuktuk said:

I think there is something to this.  Looking at the data that Johns Hopkins gathers it's amazing how some of the huge countries (by population) in Equatorial regions have so few cases - India, Indonesia, Nigeria, Ethiopia, Brazil.  Maybe this one will decline in summer time like the flu often does.  I'm trying to look at the positive here.  Too many people telling us to be afraid.

So it's not as humid in Malaysia?

Apparently, it takes one of these China type quarantines to stop the virus. That's what South Korea did. And now Italy is doing it. Italy! What happens in the US? I'm afraid of the answer.

52 minutes ago, jcsmith said:

It's called him trying to save his re-election chances. It has nothing to do with saving the country. Trump is the least empathetic president ever. I mean just a couple of days ago he talked about not wanting to let a cruise ship dock because it would hurt his corona virus numbers. Are you kidding me? He called this thing a hoax. 

Just being the sociopathic narcissist he is. 

The official Trump response to yesterday's market collapse is a proposal to cut payroll taxes. That means, I suppose, a cut on the largest single item in the payroll tax, the Federal Insurance Contributions Act tax, which includes Social Security and Medicare. So Trump's response to yesterday's stock market debacle is to gut Social Security and Medicare???

2 hours ago, CRUNCHER said:

Tourists and businessmen - fine, but where do long term residents (retirees, married people etc) stand? 

We are "tourists" too.

"Technical growth" will continue for Thailand. Good to know that a worldwide pandemic and looming worldwide economic depression is actually good for Thailand.

8 minutes ago, Isaan sailor said:

China, central bankers, Russians and the Saudis:  the evil axis.  I’m cool with that.

Well, the Chinese have certainly done their part to blow a debt bubble, too. 

16 hours ago, rkidlad said:

Well, they're not giving the money now as they deem the idea a waste of tax payer's money - which I agree with. 

 

Use the money for something sustainable. 

Perhaps you didn't notice but the article said they are planning on giving money and tax breaks to businesses instead. If you're some impoverished Thai peasant in a village where the wells have run dry and now need to buy water, we'll just tighten your belt another notch and suck it up for the sake of business.