
soalbundy
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Everything posted by soalbundy
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What is obvious at the moment is that due to the chaotic unpredictable policies of the USA other countries don't want to buy American debt anymore. During this year a part of the American debt (37 trillion dollars) namely 9 trillion has to be rolled over but there seems to be a lack of interest in the traditional buyers, on the contrary these past reliable buyers (China and Japan) are selling the debt they already have. If raising the interest to be paid on that debt to ridiculous levels doesn't tempt buyers the Fed will have to step in further reducing confidence in the dollar. What's the point of getting 5% interest from the USA on bonds if the dollar depreciates by 10%. Gold and BRICS are throwing a giant spanner in the works and it would seem that the dollar is losing its status as a reserve currency, countries are starting to do business by accepting each others currencies. Saudi Arabia has already shown that the petro dollar is dead. Even with Trump gone trust in the rule of law in the USA has died an ignoble death. A fine example of the Buddhist principle that all is impermanent.
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Report Cambodia Threatens Action Amid Rising Tensions with Thailand
soalbundy replied to snoop1130's topic in Thailand News
He seemed such a nice boy. -
Video Ghost Possession Claim Follows Chaotic Collision in Loei
soalbundy replied to snoop1130's topic in Isaan News
That's reserved for western nutters, no cultural appropriation please, ghosts are the Asian equivalent that's quite OK. -
Stock markets are like pride, they rise before a fall. More important is the upcoming 22 billion dollar bond sale today, it's generally considered to be failure with little to no interest from foreign investors, this will cause the yields to rise (already too high for comfort) the dollar to weaken further and the stock market to fall.
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Fragile Progress: US-China Trade Talks Enter Second Day in London
soalbundy replied to Social Media's topic in World News
Master TACO'S nightmare. -
Politics Thaksin Shinawatra's Perceived Privilege Rocks Thai Government
soalbundy replied to webfact's topic in Thailand News
A corrupt system is THE SYSTEM. Thaksin was only using his god given right for a wealthy man in Thailand, it's just one case out of thousands but due to his political profile he is a legitimate target, no opposition worth its salt is going lo let an opportunity like this slip by, its all part of the game and no doubt Thaksin has anticipated the faux shock and outrage and has a suitable defense at hand. -
There are some little beasts in that age group. I remember a case in Germany where a 13 year old girl was earning money by giving blow jobs to men in a pub car park, it only came out because she tried to get one of her classmates to join in, instead she told her mother who reported it to the police. It ended with the police taking her to the pub to identify her previous customers, about half the pub were arrested.
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Rethink in Germany: revamp shelter system in case of Russian attack
soalbundy replied to Social Media's topic in World News
Which is presumably why Russia has to be defeated in Ukraine, it's the European front line. I personally doubt that Russia would even want to attack central Europe...for what? Nobody wants them there and they needed 3 years just to have tenuous grip on 20% of Ukraine. -
Recent trip to UK with Qatar air- A very sad, heartbreaking visit.
soalbundy replied to Scouse123's topic in General Topics
As an expat you have no free health care upon your return, not without a considerable waiting time to prove you have truly returned and there are hoops to jump through in order to repatriate. If you wish to rent a property you have a problem as you have no credit history. Even as an established long term British citizen the waiting times to see a specialist or get a hospital appointment are so long that many people choose to go private (if they can afford it) rather than rely on the NHS. I know of two British citizens who chose to go abroad for private treatment (cheaper) than continue to wait for 3 years on the NHS. This isn't new either, 55 years ago after a bad road accident I was given a waiting time of 4 years to repair my badly damaged nose, I moved to Germany for work and after a bout of flu was operated on to repair my nose immediately under the German health care system. I've never been back to the UK and have no intention of doing so, it's a disaster zone according to my middle class brother who still languishes there, the rest of my family moved to Australia long ago. -
Not much, it's just two vulgar men with huge egos having a fight in the playground, the low intellectual capacity of the maga mob will cause them to side with Trump, unless they are unemployed with maxed-out credit cards due to his tariffs or line workers at Tesla now fearful of their jobs. It's degrading but it's the American way.
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Report Urgent Call for Border Safety: Seven Thai Provinces on High Alert
soalbundy replied to webfact's topic in Thailand News
I live 25 km outside Surin, saw a lot of military vehicles on the road today heading for the border. I remember last time they had a go at each other I could hear the artillery from my house. -
PIP......potheads in panic.
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Report Thai Man Jailed in Singapore for Bribery After Public Urination
soalbundy replied to snoop1130's topic in Thailand News
OK, I'll take the bribe, now what about the baksheesh.