nkg

It's time to cut interest rates, and weaken the baht a little.

22 hours ago, Yinn said:

11 comment so far. All negative. Nothing positive.

if is a negative story, ok. But this is not. 

 

About our culture that we are proud of. And none of you know about.

 

Maybe your culture is to ridicule, mock, criticize and complain.

Everyday. Everything. Our culture, our religion, our people.

Sad people.

 

Why are you here if you hate us so much?

Yes, a lot of farang humour is based on satire, or mockery. When we say things like "driving through red lights is a Thai tradition", it is mostly meant as a joke. But I can understand that for somebody not brought up in a Western country, it might seem as a hateful remark.

Have a look at the discussions in "World News", you will see that Western people criticize and complain about their own country. "Ridicule, mock, criticize and complain" is a normal part of Western culture - and sometimes Thai culture, too.

Also, people behave differently on internet forums and real life. Most of the people saying "hateful things" in this thread are probably nice people when you meet them in real life.

5 hours ago, Yinn said:

I not expert about this. Confused.

 

But many farang is always complain about uk, euro, Aussie, money is so “weak.”

so if thai baht so strong, must it be good, right? The import stuff now cheaper for me to buy it.

 

Dont want to be weak like that and complain.

Yes, a strong baht is good for buying the latest iPhone ????

But Thailand's farmers are very unhappy.

3 years ago, Thai rice was selling at $420/ton. It is also selling at $420/ton today.

3 years ago, $1 = 35 Thai baht. So when a Thai rice farmer went to sell 1 ton of rice, he got 14,700 baht. Today, $1 = 30.8 baht. Now the farmer will only get paid 12,936 baht, even though the price of rice in dollars hasn't changed.

Meanwhile, the Vietnamese dong fell 10% against the dollar in 3 years. The Vietnamese farmer will get 10% more money this year for his rice than 3 years ago. But maybe he won't have the latest iPhone ????

Quote

In 2017, China exported $2.41T and imported $1.54T, resulting in a positive trade balance of $873B

Quote

U.S. goods and services trade with China totaled an estimated $737.1 billion in 2018. Exports were $179.3 billion; imports were $557.9 billion. The U.S. goods and services trade deficit with China was $378.6 billion in 2018.

3 hours ago, webfact said:

The world needs China just as much as China needs the world, said Wang

Sorry Wang Qishan, the numbers don't lie. Your economy is massively reliant on exporting goods. If other countries decide to impose tariffs on China to protect their own balance of trade, China is in a world of trouble.

The West's landfills are heaving with badly-made Chinese electronics and plastic goods. We don't need China all that badly.

On 7/5/2019 at 1:01 PM, 7by7 said:

Looks like, as ever, someone simply cannot face the truth that not only was he was lied to by Elliot and Cummings, he was foolish enough to believe those lies!

Who is "Elliot"? If he is as famous as you claim, surely everyone would know that Matthew Elliott's surname is spelt with 2 T's ????

Interestingly, when you Google search for "Elliott" and "Cummings", you get the search I've shown below.

It seems that even Google don't know who these guys are - they aren't on page 1 or page 2, they don't surface until page 3 in an article published by The Guardian.

1 minute ago, bristolboy said:

"Now the ANTIFA morons are protesting Soros for not paying them to try to divide the country."

Any more lies to share with us? Where did you dig up this piece of tripe? Facebook?

I agree, it's total rubbish. But the guy has only made 4 posts, supposedly. I think he's a regular who is trolling us.

33 minutes ago, Postmodernantique said:

It's ALL politics.  Air Force One has been used by every president as a show of political mite.  No matter what is said or done, those who hate Trump will hate everything he does.  Those who love Trump will love everything he does.  Now the ANTIFA morons are protesting Soros for not paying them to try to divide the country.  His influence is far worse than anything the Russians could've done.

"Now ANTIFA are protesting Soros" - really?? What lunatic conspiracy theory are you referring to? Do you have any links to support your claims?

Your comments are like a parody of what a "right wing" commenter is supposed to believe.

This is your 4th comment on this site? Really? If I didn't know better, I would say that you already have an account on this website. Multiple accounts for the purposes of trolling are forbidden.

1 hour ago, Enki said:

The Bath is gaining against all currencies because of the laws forcing foreigners to deposit 400k/600k depending on visa.

The GBP is losing against all currencies because of BREXIT and foreign countries/companies moving out of GB.  

So you poor britts are in a lose/lose situation.

Ha ha ha, yes I'm sure that's the reason ????

Let's imagine there are 500,000 expats with 400,000 baht of visa deposits in the bank (a wild overestimation). That's a total of 200 billion baht, or about $6.5 billion USD.

However, Thai foreign reserves are currently over $200 billion USD - 30 times the exaggerated sum we just calculated for expat visa deposits.

Imaginative theory though, please keep those crazy economic fantasies coming ????

1 hour ago, Enki said:

There was no referendum.

There was a "poll" ... aka an "opinion poll" ... might make sense to learn the difference.

Don't be silly.

From www.gov.uk (the UK government's website):

https://www.gov.uk/government/topical-events/eu-referendum

Quote

 

EU referendum (Archived)

Organisations:

    Prime Minister's Office, 10 Downing Street and Cabinet Office

On Thursday 23 June 2016 the EU referendum took place and the people of the United Kingdom voted to leave the European Union.

This page contains government information on the EU referendum. No material was published on this page between 27 May and 23 June 2016, in line with the restrictions set out in the Political Parties, Elections and Referendum Act 2000.

 

That was just the first link I found.

50 minutes ago, NightSky said:

 

I don't claim to be perfect English teacher but I am a native English speaker and you mention that you are a fully qualified teacher although sorry mate your English is far from perfecto-mundo! Therefore I doubt your qualification as a teacher.

 

I can't see what benefit they (immigration) see for refusing a genuine tourist, this is why I believe you likely have skipped some information out maybe? You already forgot to mention the previous work in Chiang Mai and the previous passport until another member pointed that out and then you forgot which type of visa you held, what else did you skip over or miss out?

I disagree, his English seems fine to me - I find it easy to believe that he is degree-educated. I see he made some spelling errors in his last paragraph, but it's late at night and he's typing on his phone in a detention cell.

Why are you trying to discredit him? I'm interested to hear the rest of his story.

2 hours ago, bristolboy said:

Nice graph :)

You make a good point that the pound lost a lot of value against the dollar BEFORE the Brexit vote.

Following the Brexit vote, the pound crashed and kept sliding for 4 months, all the way down to 28/10/2016 1 GBP = 1.2182 USD.

Since November 2016 the pound has modestly recovered against the dollar. Yesterday 1 GBP = 1.2579 USD

1 hour ago, mojaco said:

Today a foreign lady in Tokyu Department Store in MBK (MahBoonKhrong) had to show the checkout lady her passport because she had 2,160 Baht of groceries.  The checkout lady told me it is a Tokyu store policy for a fairly long time now if 2,000 cash or 4,000 credit or more.

 

Thailand is getting weird. 

Yes, they stamp the passport with a "Hello Kitty" logo as part of their loyalty scheme. Once you get 10 stamps, you can have a free cup of coffee ????

Quote

Is this relevant to Brexit, as I beleive many other currencies are suffering against the Baht. Example the Aussie $, or Do you beleive their currencies are also suffering,due to Brexit.

50 minutes ago, bristolboy said:

Pound has also declined quite markedly in relation to the dollar. 

The pound only declined against the dollar for a 4 month window in 2016, following the Brexit vote. The baht has been strengthening against other major currencies since mid-2015.