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John Drake

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Everything posted by John Drake

  1. This is what Thailand wants. BTW, these foreign universities with campuses in the target countries mostly hire from their originating country. I don't think places like Mahidol and Chula are going to be very happy about this. https://studymalaysia.com/education/top-stories/foreign-university-branch-campus-your-route-to-getting-a-foreign-degree-right-here-in-malaysia
  2. What is going on is Thailand's university age demographic hit its high 14 years ago and has been in decline since then. They have more universities and colleges than students need. That's why so many of the Thai private universities are now filled with PRC Chinese students. The Chinese students btw are pretty good. One thing that might answer your question is that Thai universities must be situated on land in order to be certified. There was a problem several years ago where MU or MUIC, can't remember which, was running a graduate business program in some office towers in downtown Bangkok. I don't remember how it worked out, but they had to fix it. So, yes, property, maybe an industrial estate, could be some of the reasoning behind this latest gambit. I also remember that SAE Institute ran into a problem because it's program was offered in the Zen building next to Central World. Middlesex tried to operate through SAE but ran into the property problem.
  3. It happens elsewhere in SE Asia. NYU had a campus in Singapore but it failed. Malaysia and China have partner universities with the West. Middlesex University in the UK used to run a semi-scam in Thailand, where Thais got a degree from there but never had to go on campus. They could just pay for it while they worked on a degree in Thailand. Northumbria tried this about 15 years ago, too. Don't know if they're still here.
  4. One of the dumbest things I've ever read on this forum. It might have made more sense if 7 had partnered with the Indian and Russian embassies, since their people are the ones that seem to hang out there.
  5. Reshoring has already started. Biden's CHIPS act was perhaps the most important component. Things like electronics and communication gear should only be made in the US. The same goes for medicines and their ingredients.
  6. I keep a PO Box at the Taling Chan office. Service is reliable, fast, friendly, and helpful. Both for mail going out and coming in.
  7. The US doesn't need Saudi oil at all. It produces more than it needs. The US exports energy. It's one of the things the Biden people were right about in their campaign, US energy self sufficiency. And the more alternative energy becomes available, the more that self sufficiency increases for things like biofuels, SAF, selected solar (not windmills which are a boondoggle).
  8. Hey, Thailand, how's that application to join BRICS going? And hasn't Thailand joined a local group already to exclude the dollar? There goes that $10 billion trade surplus with the US.
  9. This is not about buying submarines. It's about having a permanent posting for Chinese submarine "technicians" in a port that effectively will be a Chinese naval asset.
  10. Have they finished counting the votes in California. They could still be counting them this time next year.
  11. After listening to that drunken address she just gave, I think I know where all the money went. Bottom's up.
  12. I do want to see reciprocal tariffs applied, especially to Thailand.
  13. The film business in Thailand is a race to the bottom. So many "freelancers" out there willing to take almost any job at any price.
  14. Per the Reuters article above, China consumes 741.732 tons of gold per year, while only producing 268.068 tons. Why would China elect to continue buying from abroad, instead of using their own domestic stock of gold? And then there is Uganda, as I mentioned above, where it's a free for all. Find it. Mine it. Sell it. Not to mention the environmental degradation gold mining causes even in the best of circumstances. https://www.monitor.co.ug/uganda/news/national/mad-rush-as-artisanal-miners-flood-namayingo-for-gold-4789890 Look, I like gold. And people still revere gold. That's the only reason it or any other substance has value. Because human beings want it and perceive it as a rare commodity with unique traits. But what would happen to that 4 or 5 Olympic size swimming pools full of gold, btw, if it was all released into the commercial sector for actual use? Gold depends upon hoarding in order to retain its value. And as for bitcoin, I think people are coming to "revere" it as well as a rare commodity with unique traits. Not to mention that corrections in bitcoin prices are becoming smaller and smaller as an overall percentage. Because it is being stabilized as a prized commodity. I guess it could fall 80 percent are so as it has done in the past once or twice. But I don't expect it, too. As for gold, I still remember buying it at $250 for Gold Eagles not so long ago. And then there is the price when you sell gold, which is never what the market shows you but what the dealer will pay, which is often at 20 percent below spot.
  15. The only people I know who have lost money on bitcoin are those who have traded themselves out of it. That's not to say that people can't successfully trade bitcoin, but just that the only way at this point to lose money on it is to trade out of it and mess up your new buy point. Everyone who has bought and held has made money, except perhaps for a few the last couple of days. But if they hold, they'll make money too on the eventual break through of 100K.
  16. Are those tattoos on his legs or is he some hairy variant of a lowland gorilla? Also tattoos and no apparent helmet for the motorbike. Prospective Go Fund Me account in the making.
  17. Why not? The article says China consumes much more than it produces. This mine would save them from buying from abroad. But your statement does underscore an important fact: the amount of gold is constantly expanding, with more and more of it produced each year, while bitcoin is finite. And remember Uganda also discovered a huge gold field two or three years ago, of 31 million tons of gold https://www.mining-technology.com/features/uganda-gold-deposit-investment/. You're also right to point out, I think, that many once precious stones and metals are not so unique anymore. Not only are there more than enough natural diamonds to collapse the market, man-made diamonds are virtually the equal of natural ones. That goes for pearls, rubies, and emeralds as well. Seems to me that bitcoin is a much more stable and predictable market than gold. And I used to invest in gold mines. But if you want to see a bunch of thieves, look at the people that run gold mines, especially Canadian junior miners. I'd much rather trust someone like Saylor and bitcoin who I believe are a thousand times more transparent.
  18. Michael Saylor just purchased $5.4 billion in bitcoin last week, with more purchases to come. I don't think he did that because he thought he would lose money on it. As long as Saylor is confident staying in bitcoin, so am I. He's got a lot more to lose than I do. https://finance.yahoo.com/news/microstrategy-spends-54-billion-buying-another-55000-bitcoins-shares-slide-165131332.html
  19. What do you think this news will do with all the gold the story mentions coming into the market?
  20. Need to close these care homes in order to make room to house more asylum refugees.
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