
Cake Monster
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Everything posted by Cake Monster
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Havn.t we heard this before from somebody else
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The answer to that is A long time ago It is my belief that there is an EU wide ban on any EU Countries supplying to China any kind of Materials, Machinery Etc Etc for the purpose of manufacturing Military Equipment of any kind As this Submarine is being built in China, it will fall within that remit, whether its for Chinas use or anybody elses use
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“86% of Thai police stations failed transparency test”
Cake Monster replied to webfact's topic in Thailand News
And for any real News ? -
Involvement in "Boss" Case Accusations denied
Cake Monster replied to webfact's topic in Thailand News
Well ! If this Governor says he is not involved then he must be believed because of his position within Society -
‘Russian-only’ businesses in Thailand’s Phuket spark backlash
Cake Monster replied to webfact's topic in Phuket News
Thailand welcomed all the Russians fleeing from Putins War Well ! Now they have got them Be careful in the quest for Money -
Thai Interest Rates are not going up any time soon The overriding factor for this is the Eye watering amount of Household Debt ( 90 .6 % of GDP ) Even a very small increase from the present level will trigger a massive amount of NPL on unsecured and Toxic Loans that are equivalent to 80 % of the Countries GDP Already at the present Interest Rate, there are a huge number of NPL, with Car Loan NPL increasing some 30 % from the start of the Year and Thousands of other Loans being placed into Special Mention measures ( NPL with a high probability of default )
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More Lazada PC / website annoyance - Or is it just me?
Cake Monster replied to Crossy's topic in General Topics
Where to start Frequently unable to log in Every Item showing " out of Stock ". After several refresh and exits sometimes the price shows Place order and unable to process any payment method Its got so bad that I rarely use Lazada now, and am using Shopee Shopee seems fine for me -
Xi " Hey ! Best mate Best Pal, Best Buddy Srettha, could you find a quick way to send over some Money, as we seem to be in the Doo-Doo at the moment old Chap, and need a hand " Srettha " Ok, we will try to up our imports of your products in return you must send to us at least 15 Million Tourists before the Year end "
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In most, if nor all, the Household Debt in Wealthy Countries is secured on property In Thailand, only roughly 20 % of the Household Debt is secured The other 80 % is potentially Toxic Debt on unsecured Loans for such things as Credit Cards, personal :Loans Vehicle Loans, White Goods Etc Auto Loan NPL has risen just over 30+ % in the first half of the Year One of the major concerns for Toxic Debt
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The whole issue about raising wages, has to be based on only one Criteria Higher wages must equal higher productivity The only way to achieve this is with major Investment in Modern Technology, Automation and hands off work environments. Sounds great, but how do you A) Upskill mostly poorly Educated population into these rolls B) What about the people that cannot be upskilled. They cannot just be thrown away. There has to be work and purpose for them also This whole issue is a massive problem for the Government not least because a huge proportion of the Money earned by Migrant Workers does not reach the Thai Economy Its remitted back to their Home Countries
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Double-Decker City Sightseeing Bus Tours Now Available in Pattaya
Cake Monster replied to webfact's topic in Pattaya News
I wonder at the commentary from the Tour Guide " Well her we are in the famous City of Pattaya Firstly on your right, you will see a huge unmarked hole in the Road which over the recent past has been the site of many accidents, This hole is the much prized site of the City Council, and remains open for 24 Hours every Day Next on the Left side you can see piles of stinking Trash - at this point in the Tour you are advised to hold your Noses Next will be the sight and sound of many Beer Bars blaring out obnoxious Music Apologies - Your Tour will have to be cut short as we appear to be stuck in Traffic" Y -
The days of military coups in Thailand are gone : Sutin
Cake Monster replied to snoop1130's topic in Thailand News
But the Days of ruling by Proxy are just starting -
I am no economist, but this does not Compute for me If the Household Debt showed a minor increase of 3.5 % of GDP,, then why , when GDP is falling has the % of debt to GDP also fallen Surely the % of Debt to GDP would increase Also I am going to say that 3.6 % rise of Debt to GDP is not a minor increase at all - its huge To put that 15.9 Trillion number into some kind of context, all the Revenue Departments in Thailand collected a total of 1.9 Trillion Baht for the first 9 Months of the Year This Household Debt is eye watering, specially as 80 % of it is unsecured
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Thai finance ministry has no immediate plan to increase VAT to 10%
Cake Monster replied to webfact's topic in Thailand News
All of the things you mention require a high degree of purpose to implement and sustain. TIT -
Chinese Tourist Shortfall Takes Toll on Pattaya’s Tourism Sector
Cake Monster replied to webfact's topic in Pattaya News
The Chinese are not the only people on the Planet Any shortfall in Tourism is not entirely down to the lack of these people. Pattaya also has to look at itself , and ask why the Tourists from the rest of the World are not coming For so many Years when times were good, all the Authorities seem to do was cream off the Revenue generated by Tourism A chronic lack of any Investment in the City, such as the now proposed Monorail, clean and safe areas for people to relax, the lack of public Toilets Etc, has left the entire City a tired and extremely jaded destination for Tourists now The Streets are full of Holes that are dug to put in place some Infrastructure, hat should ( lets be honest ) have been put in place some 20 Years ago The sidewalks are an obstacle course every where Its not safe to cross a road - even at a crosswalk There is also high potential for some crime or another The reasons Tourists dont come to Pattaya just goes on and on, so why spend hard earned Money in Pattaya when there are far superior destinations for the same or less money, and cheaper Air Fares to get to them for many -
Fatal crash: Thai motorcyclist collides with Chinese Porsche driver
Cake Monster replied to webfact's topic in Bangkok News
Why it that it appears all Chinese in the Country drive around in expensive cars Hmmm- 32 replies
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Good thinking Keep his toxicity within Thai Borders, Hes less likely to do any damage to International relations