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Everything posted by John Drake
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This post misrepresents Mexico in particular. Mexico is one of the wealthiest countries in the world. In fact, here in this list it's number 15, above Switzerland, Brazil, Indonesia, Hong Kong, Belgium, Singapore, Austria, Norway, and Denmark. It's 16 places higher than Thailand. https://en.wikipedia.org/wiki/List_of_countries_by_total_wealth You also must not travel to Mexico very often. For over the past two decades, the country has modernized drastically. Mexican port facilities, telecommunications, railway transportation, and urban mass transit are not only the equal of the US but arguably better in many instances. Mexico has the advantage of an appealing and comfortable geography, huge oil, gold, and silver reserves, along with other minerals. It also enjoys a favorable location next to the world's largest economy. To picture Mexicans as uneducated, impoverished peons is a picture from 50 years ago. In fact it wasn't true 25 years ago, when I taught Mexican exchange students in my graduate classes at the University of Texas at Dallas. This post reflects a severe misunderstanding of illegal immigration, which is largely fueled by people from central and south america, Asia, and the caribbean. The fact is Mexican and US immigration patterns have largely stabilized over the past two decades.
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Prayuth was better. More honest. More transparent. More self-sacrificing. Simply a much better person.
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Question: Does this tax on worldwide income mean that you will be taxed for your salary, say, in the US, where you keep most of your money? And THEN when you move some of that money to Thailand that Thailand has already taxed you on, will they also tax the remittance? Tax the money a second time they've already taxed before?
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Bush and Cheney should remain under a rock, where all the other slimy, slithering vermin wiggle around. Bush/Cheney left the US in shambles. They directly led to American decline and impoverishment. If not letting loose criminal bankers, they were shooting up half the middle east, enabling chaos and despots to emerge victorious. They took Clinton's MFN vote and turned American manufacturing into a dumpster fire, closing the plants that weren't sold outright to China. Any endorsement by Cheney will find me running the other direction. I absolutely despise Cheney.
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Floods drive August inflation up 0.35% due to rising food prices
John Drake replied to snoop1130's topic in Thailand News
I saw a reduction of 10,000 baht this month in my SSA direct deposit into BBL. -
Or domestic consumption. "Stringent quality" such as: Meanwhile, Thai consumers of durian will pay higher prices as durians are shipped out from their source without even a middleman to process them through to China.
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What Movies or TV shows are you watching (2024)
John Drake replied to Rimmer's topic in Entertainment
Don't remember that one. There were so many lines in that show that would never be broadcast today. Mr. Carlin alone was a one man circus of politically incorrect humor. -
Destination Thailand Visa Gains Popularity Among Expats
John Drake replied to webfact's topic in Thailand News
What is their work? Did they say? -
The Bush/Cheney presidency was perhaps the worst in American history. They took a well positioned economy in surplus and spent the country into oblivion with ill thought out wars in Afghanistan and Iraq. Their legacy is they left Americans poorer, the world destabilized, and the US in a debt hole from the Great Recession that seems like it will never be overcome--unless the government simply inflate their way out of it, which is probably what they're thinking. Bush and Cheney were and are despicable people. Having either or both Harris is like jumping into the ocean with an anchor tied to your legs. Until now, I have been determined not to vote for Trump, even though RFKjr endorsed him. But with Cheney part of the Harris/Walz team, I may change my mind.
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Destination Thailand Visa Gains Popularity Among Expats
John Drake replied to webfact's topic in Thailand News
My Twitter/X feed and FB videos seem to have quite a lot of these nomads who make travel videos (mostly from one or two locales outside their condos). They're giving advice on visas, renting condos, and how to get jobs in Thailand. Most are late 20s to early 30s, male, and from the UK or US. Seems to me they're overpaying for most things, but I'm on the outskirts of Bangkok and rarely venture into the interior. -
Baht becoming ridiculously strong
John Drake replied to fulhamster's topic in Jobs, Economy, Banking, Business, Investments
Yes, you're correct. What I think happens mostly, however, is that people just park the 800K in an account and leave it there. They do so, because of the hassle of withdrawing and topping back up again. Second, it's also easy to make a mistake and drop below your 800K too early or too late and be forced to restart the entire visa process again. Third, you're going to need to deposit that missing 400K back into your account anyway, and when you do you're going to be doing so with devalued currencies PLUS you're going to need to pay a remittance tax on it now. Better to just keep the 800K there. Take anything out and then later redepositing it and you'll lose out even more. -
Baht becoming ridiculously strong
John Drake replied to fulhamster's topic in Jobs, Economy, Banking, Business, Investments
And you would win! The baht I think has been strengthening over the past few months. So imports cheaper, yes? Hmmm. I like to use Mission Wraps to make chicken wraps. Today, I went to buy some Chia and Quinoa Wraps. Last week they were 109 baht per package. Today, 118 baht. Some strong baht. -
Thailand Greenlights 661 Billion Baht Railway Development
John Drake replied to snoop1130's topic in Thailand News
Shouldn't they build an extension to the newly announced Spaceport? -
Tim Walz: The Unexpected Strength Behind Harris’s VP Pick
John Drake replied to Social Media's topic in World News
Whatever you did has absolutely nothing to do with the fact that Walz faked his military rank and insinuated he fought when he did not and didn't correct the misimpressions. He is inauthentic and falsely embellishes his record. -
Baht becoming ridiculously strong
John Drake replied to fulhamster's topic in Jobs, Economy, Banking, Business, Investments
Well, one thing. Now that the baht is stronger, imports of things like foreign food will be cheaper. That block of imported cheese that went from 169 baht before Covid to 239 baht today will drop significantly. Right? Right? Right? -
New travel rules: Thailand’s ETA to shake up visa-free visitors
John Drake replied to webfact's topic in Thailand News
That's not true. I went to Chaengwattana five or six times during Covid and never needed or used a QR code. They are not needed at all. -
Baht becoming ridiculously strong
John Drake replied to fulhamster's topic in Jobs, Economy, Banking, Business, Investments
The 800,000 you can't touch until you leave the country, which will just sit there otherwise until you die? Meanwhile, what about the money you're bringing into Thailand in order to live on that retirement visa? That's going down. You're losing both ways.- 234 replies
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Baht becoming ridiculously strong
John Drake replied to fulhamster's topic in Jobs, Economy, Banking, Business, Investments
Some rich Thai elites want to buy things for themselves abroad, such as houses for their offspring paying tuition in foreign currency at expensive schools, sports teams they want to own, and probably a buyout of some expensive Western company.- 234 replies
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