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Japhrodisiac

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Posts posted by Japhrodisiac

  1. With Thailand dependent on both exports and tourism as a healthy part of GDP, I wonder why they simply don't peg the baht to the dollar, the euro, or a weighted basket of currencies such as the DXY index? Pegged currencies have some disadvantages, such as the potential for inflation, but imo it is easier to manage that through interest rates and other fiscal policies than to manage the baht itself, unless one engages in US and EU style depreciation via massive bond selling and debt creation, which I believe is not the way to go for Thailand. I don't see much of a downside to doing this, other than a very short term market disruption. Thoughts?

    • Haha 1
  2. You get what you pay for - to a degree, but lately the combination of generally rising Thai prices and the high baht make getting suits/clothes made here a less appealing affair in general. The best suit I have ever had made was in HK, by Raja and fit much better than an Italian custom tailored suit that was 3x the price, though the Italian fabric was nicer. I used to pay a tailor 600-800 baht for cotton shirts here and now they are 1200-1500. Take the dollar which is down 25% or so against the baht and to be honest I can buy better clothing elsewhere, cheaper

  3. With the difficulty various Thai governments have in even tracking say, bags of rice, this like every other plan they come up with will be a massive failure, and they will retract it but not until they have completely pissed off millions of people from around the world. One enduring and primary trait of Thainess is the complete inability to mentally project an outcome from a set of actions. Light a tree on fire and be completely surprised that the forest burns, etc. Look but do not see...

  4. to ensure fairness to consumers

    My lordy lord, how magnanimous of them.

    They mention nothing about all the other commodity prices that have collapsed, not just oil related product, Copper hit a multi year low last week, all industrial metals down at lows now. Plastics are petro products too, funny how prices ratchet up 100% but when the raw goods drop 50% prices go down by only a few %, 'in fairness to consumers"

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  5. Dr. Pornthip was very clear that no Forensic physician was present during the initial investigation so under what circumstances were the original DNA samples taken from the victims, and under what circumstances were they taken from the suspects?

    Has a Forensic physician ever been involved in the case at all? The procedures of this case at bare minimum raise strong questions about any evidence procured so far. Not to mention the manner in which the police have ignored key issues and decided on others.

  6. Typical of everything in Thailand, this is a problem created by Thais by not understanding how to analyze and simplify things, and to align themselves with how things are done elsewhere.

    The Thai nominee issue is also a problem for Thais, as previously, they had to have a minimum of 7 shareholders (changed a few years back to 4). Who wants to have a company where you sign up people who have no financial interest in the company just to satisfy some government regulation that makes no sense?

    If this is really a backdoor way of addressing the land ownership issue, and likely that is what they are really after, then these solutions I propose are also simple :

    - Make all land in Thailand of 2 types of title, Chanote that can be owned, and Crown Land/State land that can not. Thailand now has something like 13 different types of titles, it's a total mess

    - By law all Chanote land has legal access to it, and access of utilities. No one can hold you hostage for ridiculous fees, this is simple and written in law.

    - Foreigners can own a condo, or lease land.

    - Leases to be increased to world standards from 30yrs maximum to 90 or 99 years as elsewhere.

    - The end

    Thailand desperately needs to end the thinking that to solve one problem, you simply create 3 or 4 new problems.

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