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PhonThong

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Posts posted by PhonThong

  1. 13 hours ago, miamiman123 said:

    It appears that the USA may well close down for up to six weeks in  January.... that will be devastating to their economy again and will certainly not help the 11.5% of imports that they buy from Thailand.

    strange indeed this ever strengthening Baht.

     

    They may order businesses to close, but a new lockdown will not work. People are not going to shut themselves in again.  Especially after watching the crowds on election night in the Liberal Democrat, cities. Again, "do as I say, not as I do". The  Socialist Democrat motto.

  2. On 10/25/2020 at 8:43 PM, mr mr said:

     

    back home i was the customs broker for the irving family. handled all of their imports throughout all of their divisons. they are 1 company. hardly big enough to sustain the entire eastern seaboard. 

     

    1 oil refinery ? wow 

     

    international ports of st john and halifax have very little cargo movement through them. the vast majority of all cargo coming into canada comes over the windsor bridge. 

     

    the eastern part of canada is well known to have a minimal economy. all that industry must be why so many young canadians are moving out to the east right ?   

    I retired from Irving Oil. "just saying".  Great family!

  3. One of the nation's best-known toolmakers, Stanley Black & Decker, said Thursday that it will move more manufacturing back to the U.S. from overseas, including construction of a new $35 million factory after acquiring the Craftsman brand from ailing retailer Sears Holdings.

      

    Expanding American manufacturing makes "business sense" amid "pervasive" uncertainty regarding the future of U.S. trade with China and Mexico, Stanley Black & Decker CEO James Loree told investors Thursday in a conference call.

    Although he did not mention Donald Trump by name in his remarks to investors, Loree hinted that the move has the side benefit of inoculating his company from the possible effects of the president-elect's threatened "border tax," a tariff on imports.

    "It’s going to be advisable to have more manufacturing in the U.S.

  4. Wow! I guess the new Black and Decker factory I have been watching them build is just a mirage!

    The Trump Effect

    Without regard for personal political preferences, the tax cut and deregulation activities engaged in by the administration of President Donald Trump deserve some of the credit for luring manufacturing companies back to American shores.
     Additionally, Trump’s trade war with China, which has levied significant tariffs on Chinese goods, is another partial reason that manufacturing is moving from China to the United States.

    Ironically, the tide has now turned.  For Walmart, bringing labor-intensive jobs back to the United States in the textile, clothing, and consumer products industries is a top priority.  The retail giant is actively evaluating plans to motivate the manufacturing is moving from China to the United States to access resources from the US Manufacturing Innovation Fund that it established in 2013.  Walmart plans to support domestic manufacturers by purchasing domestically made goods totaling US $250 billion by 2023.

     Big companies such as Caterpillar, GE, Intel, Under Armour and others are beginning to realize the tangible benefits of being close to their markets. Another reason why manufacturing is moving from China to the United States is the loss of intellectual property (IP) through theft.

     

    The fact remains.  The Obama administration had nothing to do with these companies and jobs, moving back to the U.S. 

  5. This from a man that said, "manufacturing jobs will never come back to the United States".  Also, had the highest unemployment rate for Blacks, Women and Latinos. 

    Never had a GDP above 3%.

     Now, I know why he picked Biden to be his running mate. They both like to take credit or other peoples work. 

     

  6. If you are thinking of leaving Thailand. The best thing is to register with Western Union in Thailand in order to take your money out. It is easy and can be done online in a matter of minutes. I removed a million baht from Bangkok Bank and had it deposited within minutes into my bank in the states. It cost about 250 baht for each transfer. 

     The thing is, I had to go to Robinsons in Roi et and find the Western Union table and register. Then I signed up for Western Union Thailand online. Very easy.  

     If you are thinking about leaving Thailand and are worried about your money and how you can get it out. That's the easiest way I found.  Just a side note. I did it in different transfer amounts, making sure all were under $10,000. Didn't want to attract attention from the IRS in the US.

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  7. 12 hours ago, gk10002000 said:

    Over the years, I have declined to shake stranger's hands.  Nothing against the old custom of a firm handshake, and I am not like the TV series character Monk, but I have no need for that physical contact.  Frankly the Thai Wai, or Chinese or Japanese custom of bowing is more appealing to me.  I hope it catches on.

    I agree. I think the handshake should be a thing of the past. But, as far as a bow or a wai is concerned. It would have to be different. Both have certain degrees that acknowledge levels of superiority. That, will never catch on! As an American I would never bow or wai in such a way to anyone in the U.S. that says, " you are more superior than me".

  8. On 3/20/2020 at 7:21 AM, Chomper Higgot said:

    The worst hit are service sector and gig-economy, and mostly young people but it’s moving further up the economy.

     

    $1000 is not going to buy their vote.

    How many hypocrites are still going to take the money though? I'm willing to bet that none of the Trump bashers are going to return the money. The old saying " put your money where your mouth is" definitely applies here.

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