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Luuk Chaai

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Everything posted by Luuk Chaai

  1. assuming a US citizen ... the tax situation will most likely have "ZERO" effect on you other than the 15 minutes of filling out a tax declaration things like SS money is not taxable in Thailand pensions etc are already taxed in the US and not taxable in Thailand large sums of money brought in can be "gifted " to your spouse,, non taxable ther's also things like Hong Kong pensions to explore
  2. the deleware corrupt vegetable that has been dragging the US into the dirt for the last 3.5 years
  3. viciously attacked by men dressed as bouncers. now there's a switch ... it's usually guys dressed as women brandishing high heels
  4. Screwed her way to the top proud supporter and contributor of Bidenomics outstanding job controlling the Southern Border Civil rights activist supporting and raising money for looters and rioters
  5. i'll put my money on it's gotta be a mix of dust mites on the pillows and blankets and the usual clean air
  6. no. she's an idiot that wants to post bail and raise funds for criminals
  7. No he didn't she has zero say in what happens , and it won't matter anyway ... "she be goin' down"
  8. they should get a public ass whipping to go along with that jail sentance !
  9. the debate should take place the "DAY AFTER" the dem national convention .. so we know exactly who the idiot left is nominating.
  10. Standard operating procedure they found the damaged central reservation (check) and the damaged power pole. (check) A broken helmet was also found at the scene. ( a helmet ? now there's an oddball )
  11. from JP Morgan ( or,, you can just say Bidenonmics ) What's happening? Markets are trading with a risk-off sentiment following last week's jobs report. The report showed a significant weakening in the labor market and investors are now grappling with two major questions: Is the recent economic weakness a shallow descent into a soft landing or a downward spiral toward recession? If it’s the latter, are rate cuts too little, too late? How is the market reacting? In traditional risk-off fashion, equities are down (especially tech and growth), and Treasury yields are lower as of 9:40 a.m. ET. Equities are lower across the U.S., Europe and Asia Japan (a relatively more cyclical and consumer-driven economy) closed -12%, in its worst single-day performance since 2008. Euro Stoxx 50 -2.8% The CBOE Volatility Index (VIX) (a standard measure of equity market volatility) has doubled since Friday. The Nasdaq and S&P 500 have both opened -4% lower. The Magnificent 7 (-9%) is having its worst intraday drop since 2015. Rates across the curve are lower The two-year (3.75%) is at its lowest level in a year, and down 34 basis points since Friday's open. Futures markets are pricing in 130 basis points of cuts (up from 70 basis points on Thursday's open). What's behind the moves? The U.S. labor market report on Friday, August 2 was softer across the board. Market participants, in particular, focused on the increase in the unemployment rate to 4.3%. The expectation was 4.1%, and it's now up from a cycle low of 3.4%. There is an indicator called the Sahm rule, which suggests that recessions typically follow these types of increases in the unemployment rate, garnering focus around the market. Further, other soft U.S. data, such as the recent Institute for Supply Management (ISM) print (manufacturing index came in at 46.8 versus 48.8 expected on August 1), is contributing to fears of a growth slowdown. Japanese and other international markets today are playing a degree of "catch-up" to the decline in U.S. markets on Friday. The Federal Reserve had a rate announcement just before the above, where rates were kept on hold, which has resulted in a fairly market-wide belief that the Fed is now "behind the curve" on cutting interest rates. The market has swiftly moved to price in a 50-basis-point cut instead of 25 basis points in its September meeting, with chatter of a potential intra-meeting cut. The yen was a great funding source all year. Rates were lowest in the world and it just kept getting cheaper and cheaper. But that has reversed rapidly. The Bank of Japan is now tightening and the yen has strengthened rapidly. This catalyzed "carry trade" unwinds as leveraged investors liquidate their global risk asset positions (Topix -12% last night, Nasdaq now down over 10% from peak, VIX up to 50). A bit secondary from a market standpoint, but also important, is the geopolitical concern of a potential attack on Israel by Iran, which U.S. intelligence evidently believes to be imminent. What does this mean for portfolios? It means that volatility is back. It can feel uncomfortable for investors when the risk pendulum swings rapidly from sticky inflation to an impending recession. The average year that ends with a gain comes with an 11% peak to trough decline. We are currently approximately 8% below all-time highs. The Sahm Rule may be the latest "fool proof" recession indicator to be a false positive (after the Leading Economic Indicators [LEIs], the ISM surveys and the yield curve).
  12. or a cackling flip flopping Jamaican / Southern Asian who now pretends to be black
  13. ? what is the problem ? evrybody knows exactly ( or who) what goes down on Soi 6 A family man would not walk his wife and kids down there.. or Soi Buakhao or Bindtabaht in Hua Hin
  14. I'll apologize in advance .. I know,, IN BAD TASTE .. ( very bad ) ... maybe he was taking a crash course so he could teach at Huffman
  15. having grown up in a melting pot.. NYC I find it easy to pull words out of peoples mouths and fill in the blanks to understnd what they are trying to say .. In reverse , that is not a common trait here ... here in our village, I can walk into most shops or food stalls and get what I want with my basic Thai .. there's a lot of flip flop with the L & R pronunciation .. I here them speaking with each other and the "Roi becomes Loi" ( as an example ) but when they address me it becomes very "Rrrrrroi" you can tell they are making a concerted effort to rise to the occasion .... I hit them back with the "Loi" version, and it kind of breaks the ice on the same hand, if i go anywhere with my wife, I get the deer in the headlights reaction and they go right to her for the " WTF did he say ? I go to my local favorite coffee shop. and the owners speak perfect english, it's usually one of the daughters and another young lady at the counter/register The daughter knows what to expect and the other young lady will go full panic and try to give me the price in english.. I give her the blank stare and the daughter will tell her to speak Thai. . instant pressure release .. I then repeat her price in Thai and then in English follwed by a "very good" to boost her confidence.. it's a cat and mouse game most times. We won't even go into the Issan speaking .. thet's when I look at my wife and giver her the WTF did she just say ?
  16. Use the janitors closet to get changed. The you can wash your confused nutz in the slop sing with the dirty mop
  17. The man is great..sharp as a tack.. a true world leader Plays a mean round of golf. And will outwit any and all of the demonic liberal left. God Bless this man !
  18. Less than a 15 minute job for the V snip.20 years of worry free ..priceless
  19. Wife moved to USA with me 2008 aked if she should work. I said no reason to .. we have enough and you already have a full time job taking care of my son and I. Back in Thailand since 2020 same scenario .. no need to work. My son is in college back in the US ....so we are both retired have more than we need life is freakin awersome...
  20. also in a house We have a TecnoPlus floor standing 5 burner stove with electric oven .. the gas bottle ( i think it's a 48kjg) is outside hooked up with SS piping thru the wall also a 70L MInimex electric oven, a Samsung microwave with grill option . and outside a high pressure gas burner on a SS stand, also a small burner on 6.5 tank,, an oval shaped tao burner on a granite table and a weber charcoal grill .. use them all !!
  21. the truck in our village comes 1x a week . always a driver and another man in the cab .. and 3 sometimes 4 men picking up the pails no they do not pick up the garbage that they drop or falls off the back of the truck I'd say 99% of the stops in the village have 1 pail .. the rest have 2
  22. he does win on occasion .. and he buys from multiple lottery stalls. including one team that delivers on a scooter
  23. A certain relative of mine ( closet possible in a relationship ) brings food and toiletries on a regular basis to a monk ( actual real life brother ) at the temple down the road .. and occasionally slip 300 baht in the package... one fine morning while taking Bro monk to the doctor .. we stopped at a 711 , cause the wife can't go 10 minutes without drink something.. and as soon as I parked and she went into 711 he jumped out and scooted right over to the lottery stall .. that 300 baht was burning his hands

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