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dinsdale

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Posts posted by dinsdale

  1. Just now, Trillian said:

    Tourism is an export and is 20% of all exports, tourism is 12% of GDP overall.

     

    Not all of the 12% has been lost, remember, that's an annual figure. January saw about normal numbers, February and March saw a decrease, April saw zero. It might be that later in the year there is an upturn in the numbers, overall the decline in GDP for the year is estimated to be about 5.5%.

     

    https://tradingeconomics.com/thailand/tourist-arrivals

    Pity January wasn't zero tourism and that CCP suck up of a PM closed the borders. Then we wouldn't be having this conversation.

  2. Just now, Trillian said:

    Not really! The economy doesn't rely on tourism, tourism is only 12% of GDP. The country does rely on exports which is 60% of GDP.

     

    As things stand today last months export figures were pretty good, surprisingly so, tourism numbers were however very low. But the underlying health of the Thai economy is pretty strong, low government borrowings (42% of GDP), high foreign currency reserves (USD 220 bill.) and low social care overheads. And this is a comparative issue, the Thai economy may not look great currently but the fundamentals mentioned previously are very strong and by comparison to some other larger western economies who are borrowing trillions of dollars, Thailand is in great shape. 

    I want a second opinion. Tourism is only 12% of GDP. Seems a lot. Military spending in USA as a percentage of GDP is around 3% and that's a lot. 12% loss you're saying isn't much.

  3. Basically the Thai baht is strengthening because the economy is shot, the economy relies on tourism and there is no tourism, there's massive unemployment, exports are down, negative GDP and I think there's a lot more. How can this be a safe haven? How can the baht remain strong? Never did quite understand economics. Maybe someone can help me.

  4. 1 hour ago, Buddha Pist said:

    Yeah so where did they hide the corpses, Sherlock?

    Wonder how many pnuemonia etc. deaths compared to last year. Has diabetes, has covid, died from diabetes. It's the died with and died from thing. Some countries are overstating some understating. My guess is Thailand has understated. Having said this this is also a nice tool for the junta  govt. to use to continually extend state of emergency. 2nd wave, 3rd wave etc. 

  5. 2 hours ago, Phil McCaverty said:

    Many countries only test if you have symptoms. No one with symptoms, no tests.

    You're right have symptoms get tested. But mass testing captures the asymptomatic and pre-sympomatic both of which can spread the virus hence countries that test more than just the symptomatic will have higher infection numbers those that don't will have lower infection numbers.

  6. On 5/21/2020 at 7:07 AM, yellowboat said:

    I don't bring my phones with me all the time.  So now you are forced to own and carry a smart phone?  Thailand 2.0 and 3.0 were so much better than what is happening today. 

    Saw this yesterday for the first time. There was also a sheet just write name and ph. number. No need for QR. Went back again early evening and neither QR code or name and number were being enforced.

  7. On 5/26/2020 at 10:48 AM, lujanit said:

    The same is going to happen if airlines are going to leave the middle seat empty.  The real question is if the rate of infection is so low why this so called social distancing?  The BTS doesn’t require it and markets don’t enforce it.  The government speaks with a forked tongue.  This <deleted> is all about power and nothing to do with keeping people safe.

    Not sure why you're saying if (see above bold/underline). I fly with Airasia. Prices have doubled to where I fly to and from. 

  8. Belt and road. Geo stragetic power play by the CCP to dominate and hold countries hostage to debt diplomacy. How can you expect anything more from the Thai Chinese military junta govt. but to embrace this. The future is going to be interesting. The CCP know their hold on power is in trouble. They are going to push as hard as possible to retain that power. Countries in their debt trap need to default on the loans. SE Asia is one of the keys to China cementing it's global power. This should not happen. 

  9. 48 minutes ago, yourauntbob said:

    Perfect example of the stupidity of government.  To think a small group of people would be able to guess the nber of eggs needed rather than allowing the free market to run its course.

     

    Now there million chickens will be killed.  What a waste

    Free market running it's course. Sorry you can't afford this operation. This is a free market you have to die. Bit off topic I know.

  10. Let's try and get past these fowl comments above. Plenty of people going without food. Hey junta buy some eggs and give to the people. Nooooooo! Sorry thinking about this this the junta should buy all the eggs and sell them back to the people at an inflated price. Got to pay for those eggspensive Chinese subs.

    • Haha 1
  11. 6 hours ago, smedly said:

    correct, they are doing the same thing in Africa we just don't hear much about it

     

    and Australia after decades of selling out their huge mining operations to China are now seeing the light - probably too late

    Port of Darwin. That made me so angry. Greed and stupidity. Rather common traits with many govts bending over to what they think is in their interest butt (pun obviously intended and should get pass the censor) that's were they're taking it. CCP but f.............g the world.

    • Like 1
  12. 3 hours ago, Isaan sailor said:

    Why can’t SE Asian countries (with the exception of Vietnam) stand up to Communist China?

    It's a lot more countries than just SE Asia. I've been saying for years on TV that China's (CCP) the most dangerous nation in the world. It's now obvious but countries still bend over and take it because they don't seem to understand that this maniac wants to rule the world and all moneys come with very large strings attatched. 

    • Like 2
  13. 7 hours ago, webfact said:

    The 10 new normal behaviors of Thai people are as follows:

     

    • Safe tourism destinations and travel                                                                                                                          71.05%
    • Shopping at malls only if necessary and with caution                                                                                             61.18%
    • Self-protection when on public transport by rising earlier and carrying sanitizer gel                                         59.68%
    • Attend gatherings only when necessary and with greater caution                                                                        59.40%
    • Self-protection by wearing face masks, washing hands and avoiding congested places                                 56.39%
    • Choose food which is clean, safe and healthy                                                                                                           47.27%
    • Worshipping at places which are clean, not congested and on special occasions only                                    46.43%
    • Exercising regularly, eating healthy food and seeing a doctor                                                                                45.39%
    • Choose clean and freshly-cooked food                                                                                                                       45.11%
    • Emphasis on safe workplaces and working hard                                                                                                      42.39%

     

    Looking at the percentages it's less than half for half the dot points. So five out of 10 cannot be 'new normal' (please, please, please stop it) because I would think if it's less than half it can't be normal. 

    E.g. I eat breakfast six days a week. I can say I normally eat breakfast. I eat breakfast two or three days a week I cannot say I normally eat breakfast. Of course the flaw in my post is I'm employing logic. TIT.

  14. 10 hours ago, holy cow cm said:

    Great. Now my as -a- nine big fatheaded Thai neighbor on the other side of another housing estate fence will be going more wild. Already was disrespectful of the curfew and his neighbors. As much as I abhor the military iron fisted control, I abhor this Thai guys sense of self entitlement and his do what he wants. 

    Thais don't have the same respect, maybe not the best word, let's say manners toward other people as many of us are use to. It is unfortunately about themselves first and foremost with little or no consideration for others. This is evident in all aspects of life here. I would think (but don't know) that all or most Asian nations are the same, Japan being an exception.

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