
chilli42
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Posts posted by chilli42
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How can a man of his age and office be so thin skinned? Yes Trudeau was taking the <deleted> out of but that is what guys do.
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A trade war, a geopolitical war and a technology war, currency war (end of the US dollar as the global currency) I don’t think we can expect to see an end to “the war” any time soon. The US will not back down (nor should they) as to do so will just embolden China further. Last time this played out was the 1930’s when the US was the ascendant power ... it did not go well for Britain.
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I had enough of elephants after a 30 minute ride in the “fascinating jungle” at one of those tourist traps.
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I am going to the Seychelles in March on a fishing trip. Medical evacuation is USD$60,000 then there is the medical/hospital cost of wherever they take you. Why would I not insurance? Should I just wing it and hope that bad things won’t happen to me? If travelers can’t even act in their own best interest then why should the government not step in? If you can’t afford it then stay home.
That said I do feel badly for this guy. He never thought it would happen to him.
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4 hours ago, Colabamumbai said:
How can they predict a strong Baht into the new year? Manipulating the currency markets.
Presumably he does not see any change in interest rates by the central bank
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Indians the last hope. How the mighty have fallen
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15 minutes ago, thaistocks said:Consider, its such a big deal anytime anybody here wants to send money abroad. It usually takes at least an hour at the bank counter, a long sheet to be filed out, along with their firm request you give them a copy of a foreign bill or other "evidence" why you want to send funds abroad. Why is there a why? Is this some kind of BOT requirement? Does this make sense? By making it easier, fast, fair convenient would induce more here buying foreign currency so helping weakening the Baht. Vs. this sticky procedure which has the opposite effect. In place by all Thai banks as far as I know.
There is an aversion to sensible in Thailand. That said it works well for the elite who don’t have to fill out anything. The current measures you mention were introduced a number of years ago to stop money laundering.
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20 hours ago, racket said:
They are out of ammo to do anything about it, and they don't want to repeat the mistakes of 1997.
Not so sure they are out of ammo. They are just not using the ammo they have. Simplistically, drop the interest rate and things will change fast. The downside is that Thai’s get further in debt. Fix that by making the banks elevate minimum requirements to qualify for a loan.
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They need to make the drivers license acquisition much more rigorous. It’s very clear to me that many people in this country have a drivers license but are unfit to drive. Of course inculcating the rules of the road is the minimum requirement.
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OK then, problem solved
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Everyone pays tax, it’s called VAT. If they are chasing more revenue then hang on for a VAT increase.
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One wonders how much money was to be made by the minister involved. Contract assignment and profit sharing. I am guessing quite a bit. It’s the only explanation for even opening his mouth. I can see his toadies in the ministry nodding their heads and telling him what a great idea it is then laughing their backsides off once out of the room.
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What a worm! Wonder how Philippines and Vietnam felt about these thoughtless lies.
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3 hours ago, MAGA 2020 said:
The Sub is an attempt to feel like big boys
Maybe. Smells like outsized money grab to me
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20 hours ago, SpaceKadet said:
I really like when people who have absolutely no clue what they are talking about, talk about it.
Just don't forget to inject "National Security" in there somewhere, and everything will be alright.
Agree. This guy is a poster boy for all that is wrong with politicians. In this case no clue, no plan, just empty words that sound good to him.
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Islamic militants (And drug cartels) are like cockroaches. Does not matter how many you kill there will be more to take their place.
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You can blame the Baht - certainly will have an impact on Chinese tour group visitors. Many of my friends overseas see Thailand as volatile (coups, trouble in the streets etc) and overcrowded. These are people with money and travel a great deal, prices are no barrier to having a great holiday. They have simply removed Thailand from their list of places to be visited ... just not worth the agro - all have travelled to Vietnam instead of Thailand. I guess my point is that Thailand’s current predicament has its roots in many things but the problem is deeper than a higher Baht. After years of building a reputation as a “troubled place”, the fruit of a bad reputation is finally here.
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2 hours ago, HOAX said:
Whatever makes the Baht eventually come crashing down is good news to me. The higher the Baht is climbing, the higher the fall will be and the worse it will be for the Thai economy.
Well, that's at least what I'm hoping for.
EVERY asset moves up and down so there is no doubt that you will get your wish. The thing is when? Keep an eye on interest rates as they are much of what is propping up the Baht .... which I think we all agree is undeserved based on national productivity.
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Those involved had not been interested in the money, Thai Rath said in their headline.
Really? What was their first clue ... maybe the 400k on the dashboard. Very informative reporting
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Why are they not all pointing at the snake. Must be fake news
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On 10/19/2019 at 9:58 AM, PatOngo said:
The wealthiest 1% said they had absolutely no problem as they are sitting on 66% of the countries wealth!
And that 66% is the declared income. Have to wonder what the number would be if you include everything the top 1% suck out of the economy.
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8 hours ago, londonthai said:
his speech does fuel hatred again apirat himself, thai army, the government and thai state.
social media call him "red buffalo", rightly so
here is part of his speech, with english subtitles
https://www.facebook.com/marchalyan/videos/2487129824716282/
He makes several points that are not off the mark regarding Thai politicians. In sum total though, the speech is threatening and designed to elicit fear. One or two bad moves by the current government and this guy will be inventing more windmills to tilt at ... while riding to the rescue as head of a new junta.
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Sanctions and arms sales .... right into the arms of Putin.
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I fly many different airline for work. Thai is not a favorite but it’s certainly better than OK. Have to agree that the food is very much a weak point for Thai.
Trump administration moves to remove 700,000 people from food stamps
in World News
Posted
Agree, he told everyone he was going to do theses things ... and more. So he was voted in on these promises. It’s rare as hens teeth that a politician follows through campaign promises. I think it’s all wrong minded. That said, these and other things (eg dealing with China, upping investment in the military etc) are why he was elected. So check, check stop complaining and let the man destroy the land of the free and home of the brave. They have had it too good for too long.