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Everything posted by John Drake
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Thailand to Implement 15% Tax on Global Firms by 2025
John Drake replied to webfact's topic in Thailand News
Can't wait to see how the Thais squeeze that 15 percent out of the Chinese. -
Gold Shines as 2025 Beacon for Thailand's Financial Security
John Drake replied to snoop1130's topic in Thailand News
What happens when I try to take it out of the country or bring it into the country? -
Watch closely: Thaksin Shinawatra's potential political return
John Drake replied to webfact's topic in Thailand News
Per the photo. Thai men seem to age so much worse than Thai women. -
How the Woke Turned a Suspected Killer Into a Cultural Icon
John Drake replied to Social Media's topic in World News
I do believe you'll gripe about anything. Yes, free. Just like roads and highways are/used to be free. But of course to build and maintain them comes from taxes. Do you really think half a million American citizens should be thrown into bankruptcy to pay for the right to live through adequate medical care? -
How the Woke Turned a Suspected Killer Into a Cultural Icon
John Drake replied to Social Media's topic in World News
I'm utterly indifferent to the fates of these two, Thompson and Mangione. I am interested in abolishing health insurance, prohibiting health care from being anything other than a non-profit business, providing free, yes, free, care to citizens, and prohibiting all non-citizens from anything but pay as they go services. -
I think much of what you say is correct. Biden did a relatively good job on the economy, especially reshoring and the CHIPs act. I had actually determined to support Biden over Trump, but Biden backed out. That meant a choice between Trump and Harris. Harris is horrible. She should never have been the nominee. Stupid, stupid, stupid move. Pelosi, Obama, and Schumer made this mess. Whatever happens is their fault for submarining Biden, helpless as he was, and putting up that low IQ nitwit who couldn't answer the lowest level of questions on Jeopardy if her life depended on it.
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Google's Quantum Chip "Willow" and Bitcoin
John Drake replied to John Drake's topic in Cryptocurrency News
I think those issues are addressed in the above links. And remember this is only Google's "latest" quantum chip. It's a developmental increase over what was already there. IMO this news will be used to generate a selloff. Too many people never investigate either what they are holding or the news that appears on their screen. Many of them are FOMO-ing, too, and it only takes a slight trigger to turn that around. One other thing: if quantum computers are ever able to access bitcoin safeguards, then crypto will be the least of our problems. There are many other encryptions/passwords/authenticators for everything from bank accounts to your Tops 1 Card that will fall prey long before crypto does. And if that happens, we'll all need to return to writing checks and withdrawing/depositing cash in person. -
Sounds more like a commissar than a commissioner.
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Lots of doomsayers claiming this is the death of Bitcoin. Seems slightly more nuanced than that, although it could provide a reason that some people have been looking for to exit crypto.
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Thailand and UK Discuss Prospects for Free Trade Agreement
John Drake replied to webfact's topic in Thailand News
Thailand has nuclear reactors? -
Thailand and UK Discuss Prospects for Free Trade Agreement
John Drake replied to webfact's topic in Thailand News
Lots of British on this forum are always talking about cheese. Maybe the UK could export cheaper cheese to Thailand. -
Joe Biden Ranked 'Worst President' in Modern History, Poll Reveals
John Drake replied to Social Media's topic in World News
Agree. GWB had the most disastrous presidency in American history. He, along with the Clintons and daddy Bush, enabled China's rise, began the debt fueled bailout of the bankers, didn't have the sense to go in and out of Afghanistan in a month or less, and mired the US in the MIddle East for two decades of expensive, immoral, bloody occupation. -
I used to buy gold coins. Liked the feel of them. Enjoyed having them in my possession. Then became fearful I might be holding counterfeit tungsten filled gold coins. Bars are somewhat safer, but buying gold coins is like purchasing a handgrenade. And the closer you are to China, the better the chance of counterfeit coins. I think there are a lot of people out there who have stacked up their gold coins with a smirk on their face who are going to be in for a real bad surprise when they try to sell.
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Usually look for all my financial messaging on Stocktwits. Not many seem to care here.
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You're beginning to sound like Peter Schiff.
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200K. Maybe more. Maybe a lot more. He can still get on the boat and enjoy the ride if he wants to. I buy a bitcoin ETF. My wife buys a few thousand baht worth of bitcoin every month on her bitkub account.