Gweiloman
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Everything posted by Gweiloman
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I didn’t mention Russia because I don’t think it’s a successful country. I did a lot of business there and saw clearly its shortcomings. In fact, I don’t think many western countries are successful. Even America is fairing worse than Thailand with a lower growth. As de-dollarisation continues and if the petrodollar is substituted, then America’s hegemony will be ended. Shining examples will be found in the rest of the world, especially Asia. Even Laos, one of the world’s poorest countries, is expected to post over 4% growth in 2022, in a large part due to China’s BRI.
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World faces most dangerous decade since WW2 - Putin
Gweiloman replied to Scott's topic in World News
Takes two to tango, no smoke without fire and all that jazz. -
Winter to start in Thailand Thai Meteorological Department says
Gweiloman replied to snoop1130's topic in Thailand News
So are you here or not? Incidentally, seasonal rates are always set out in advance, not at the whim of meteorological depts. -
HYDROGEN cars are here ! - Hyundai
Gweiloman replied to Social Media's topic in Thailand Motor Discussion
As a qualified accountant, I do know the meaning of amortisation and depreciation (they are technically different) but thanks for the definition. The cost of my solar installation and it’s subsequent amortisation has been calculated into that part of my household budget which does not include car maintenance. But now, all of a sudden, I’m able to reduce my fuel costs, thanks to an asset which does not cost me any additional money. So as far as I’m concerned, it’s free. Not a problem for me if you insist it’s not free. -
HYDROGEN cars are here ! - Hyundai
Gweiloman replied to Social Media's topic in Thailand Motor Discussion
360kWh per household would be a lot if every household had an EV (of course this would be offset by free sunlight but that’s another discussion). Of course not everyone in the foreseeable future will have an EV. But if you read carefully what I wrote, I said it would only be a fraction of overall consumption. Businesses and factories consume a huge amount. So imo, EV charging will only be a fraction of overall consumption and will not affect the price of electricity in any significant manner. -
HYDROGEN cars are here ! - Hyundai
Gweiloman replied to Social Media's topic in Thailand Motor Discussion
My solar installation is a sunk cost and will be amortised over a certain number of years, according to GAAP standards. Any further benefits that I derive is, in my assessment, free. -
HYDROGEN cars are here ! - Hyundai
Gweiloman replied to Social Media's topic in Thailand Motor Discussion
I doubt it. EV charging will only ever be a tiny fraction of overall electricity consumption. Many households consume over 1,000 kWh per month. -
Get tough RTP chief calls to ban Chinese drug taking tourists for life!
Gweiloman replied to webfact's topic in Thailand News
Wonder if they will oust the barbarians. -
Putting aside legal matters of compensation etc, why is Sweden not releasing their findings? If they have proof of Russia’s involvement, then this would strengthen any legal case that they might have. Any unbiased observer would reasonably conclude that the national security concerns are because the findings are not in the west’s favour.
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HYDROGEN cars are here ! - Hyundai
Gweiloman replied to Social Media's topic in Thailand Motor Discussion
I’m not factoring environmental matters in my purchase. That’s a different debate entirely. Having said that, I do hate following a diesel belching pickup here in Thailand, especially if I have my windows down. You really think that EVs will consume so much electricity that it will move the price of electricity? Brush the dust off your calculator. And I don’t heat my home here in Thailand. -
HYDROGEN cars are here ! - Hyundai
Gweiloman replied to Social Media's topic in Thailand Motor Discussion
There are about 11-12 hydrogen fill up points in the UK at the moment. Talk about range anxiety ????. -
HYDROGEN cars are here ! - Hyundai
Gweiloman replied to Social Media's topic in Thailand Motor Discussion
As electricity rates rise, the case for solar gets stronger and stronger. Petrol prices will also rise, given the current situation in the world today. A very fuel efficient ICE (20km/l) costs 175 baht per 100 km. An EV/PHEV will cost only 50 baht (TOU) or FOC if you have excess solar. As a bean counter, this makes economic sense to me. Re: hydrogen, it costs about US$80 for 6 kgs, almost 3 times the price of petrol in the US for the same distance covered. P/s: I’m giving courses in business administration and cost and financial accounting, in case anyone’s interested. -
HYDROGEN cars are here ! - Hyundai
Gweiloman replied to Social Media's topic in Thailand Motor Discussion
I’m surprised that until now, you still can’t get it into your head that no one installs solar energy just to charge up their cars. I installed solar power in order to reduce my electricity costs. And like you said, electric rates are starting to rise which makes solar energy even more of a no brainer and will improve my ROI. My only regret is that I waited a few years before installing my system. During the day, I am producing more than I’m using. So instead of just losing it, I can use the excess to charge. Sort of like regenerative braking, get it? -
Get tough RTP chief calls to ban Chinese drug taking tourists for life!
Gweiloman replied to webfact's topic in Thailand News
Yen is the currency of Japan. The Chinese currency is the Yuan (or Renminbi). -
HYDROGEN cars are here ! - Hyundai
Gweiloman replied to Social Media's topic in Thailand Motor Discussion
Hydrogen may be the future in 10-20 yrs. But I can’t wait that long so in the meantime, I will happily settle for free solar energy to power my car.