Eric Loh
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Everything posted by Eric Loh
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Ex-Trump aides say six House Republicans sought pardons after Jan. 6
Eric Loh replied to onthedarkside's topic in World News
Mo Brooks abandoned by Trump and will testify to the Jan 6 committee. Could be the John Dean that will put the final nail to Trump’s demise. -
You right that average 200 killed each year in accidents caused by deer compare to 18,800 people died due to gun violence by June 2022. There are many nutters in other countries too but none is more dangerous than gun loving law protected Americans. It is relevant to all as it amazed us on how broken the US political system and how a minority is holding the majority hostage.
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Denialists still singing from the same song sheet that widespread fraud could have been committed because poll watchers didn't get proper access to the voting process. Trump regurgitate this BS repeatedly. Fact is that all the lawsuits related to this BS have been dismissed over LACK of EVIDENCE. Period and end of story.
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How long can Thailand’s central bank swim against the tide?
Eric Loh replied to webfact's topic in Thailand News
Delicate dance for BOT. The inflation spike is not due to demand and wage increase but surge in energy costs. Raising rate will be disastrous for most Thais with debts. It will snowball to massive bad loan situation which will badly affect financial institutions. It will also create a drop in demand for housing, cars, household appliances etc and certainly can lead to a recession. IMO the energy price surge is shock reaction to Russia oil & gas sanctions. The west will rally and probably find other sources of oil supply and sanctions against Iran and Venezuela likely lifted. I think targeted fiscal policies rather than rate hike will be better to deal with the current economic situation. Reversely the interest rate differential with US is causing massive outflow of capital from Thailand to US and causing the Baht to weakened and caused imported inflation. However the return of tourists back to Thailand will creat a demand for Baht. The economy is also improving and likely return to a current surplus which will strengthened the Baht. A delicate position for BOT to ponder. -
Paetongtarn given rousing welcome in Ubon Ratchathani and Si Sa Ket
Eric Loh replied to webfact's topic in Thailand News
Just imagine the embarrassment of those old generals to lose to a young political upstart. Happened once and will happen again. -
Paetongtarn given rousing welcome in Ubon Ratchathani and Si Sa Ket
Eric Loh replied to webfact's topic in Thailand News
By usual suspects you meant the 3 Ps, they have been neutralized by the new boss. None has direct command of the army. Their patron and possibly conduit of previous 2 coups has passed. Another coup is still possible and will not be a cake walk. -
Public Urged to Get Booster Shots Against Covid-19
Eric Loh replied to webfact's topic in Thailand News
Fauci had 2 shots and 2 boosters and had mild symptoms and continue to work from home. At his age, he could have suffered worst if not for the vaccines. -
Are we taking about wearing a face mask or subject someone to leg iron. It’s rather extreme to call mask wearing a political oppression and to say it is motivated is conspiratorial. I don’t like the junta government and their poor governance and lack of boldness. I can’t wait for the election. But I don’t use hyperbole to make accusation. Rules are rules unless you disregard as you implied. Whether wearing mask indoor and outdoor when infections are still rampant and fatalities still occurring is moot but we need to abide by the law. Thais still not use to western style freedom and you can leave that at your doorstep.
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PM orders a clampdown on midnight closing rules
Eric Loh replied to webfact's topic in Thailand News
It has been absurd since 2004 when all bars and clubs must close at 1 and 2 am respectively. -
China losing, US gaining crucial ground in Thailand
Eric Loh replied to webfact's topic in Thailand News
A more appropriate question to ask is why countries don’t invest in their own ports. -
China losing, US gaining crucial ground in Thailand
Eric Loh replied to webfact's topic in Thailand News
I wasn’t referring to you mate. As for the Chinese loan to Sri Lanka, following extract from your link well worth a read. “While Sri Lanka is being made the poster child of falling into the Chinese debt trap, where it is largely perceived that the nation’s sovereignty and geo-political space is compromised, the latest insights by Verité Research narrate a different story," the think tank said in an article posted on its website. "Of Sri Lanka’s total external debt, Verité Research identifies that less than 15 percent is from China." -
China losing, US gaining crucial ground in Thailand
Eric Loh replied to webfact's topic in Thailand News
China ownership of foreign ports concerns are overstated. Foreign owned ports are all over the world. Most ports in USA are foreign owned and 5 by China SOE. Singapore PSA and Hong Kong Hutchinson owned ports in foreign countries. Investments can go either way. Hindsight bias is convenient when you harbored prejudice. https://lloydslist.maritimeintelligence.informa.com/LL1130247/Chinese-ownership-of-foreign-ports-concerns-are-overstated