Naam

1 hour ago, marcusarelus said:

1 hour ago, JohnnyBKK said:

I attended a few classes at Walen, actually the method worked quite well... of course if you are 60 and never attend classes you are not going to learn anything. Everything I learnt at Walen stuck into my head, even 10 years later still fresh.

Nice to know age is so important.  If you are under 60 you don't have to attend class to learn.  

after being resident for nearly 15 years i've reached a rather high level of Thai language commandment. i greet people "suppa dee crap" meaning "dinner wasn't well prepared" and tell the chap who wants to double charge a Farang "crap, crap!" meaning "no thank you". only recently my wife caught up with my superior knowledge. she knows both versions (female version) too. 

27 minutes ago, BritManToo said:

I'm OK with 25 to the pound, I still want to leave the EU.

i'm OK with that too (Mrs Naam likes once in a while some shopping in London). did i mention that we both left the EU many years ago but love our German passports?

5 hours ago, Longcut said:

7 hours ago, RobbyXNorway said:

 

"Awash in oil"? LOL...its not. You might think so, but its not. Your shale oil will run dry in a few short years, and you are already in trouble because the shale oil is extremely light and needs to be mixed with heavy crude oil. Why did you think the US wanted to "regime change" Venezuela? A hint: Venezuelan oil is very heavy crude oil. Perfect to mix with US light shale oil.

 

As for this episode, its just another Gulf of Tonkin attempt. Disgusting warmongering. And not by Iran.

Having worked years in the oil and gas industry. I can honestly say, you don't know what you are talking about. That might be true for some grades of diesel. But, it has nothing to do with gasoline or home heating oil. Texas light crude, is the mainstay for clean burning fuels.

nope! Robby's explanation and assumption pertaining to Venezuela is correct. moreover, he did not refer to WTI but to shale.

On 6/13/2019 at 11:06 PM, GeKoSc said:

3.0 I am afraid I know this better than you do ...

5 hours ago, GeKoSc said:

15 hours ago, Naam said:

yes you did, scroll up and see last line in your second last posting. of course you hid it by wrapping it with "knowing better". but anybody analysing your postings clearly can recognise your fear when referring to well-known gloom & doom experts in context with the naïve question "which jurisdiction?"

bullshit...forger 

9 hours ago, manarak said:

this brings me to my next point: i believe we are in a structural stock market bubble. there are too many people who have made too much money and put too much into retirement funds, pension funds, etc.

...and then they bitch about the mandatory cash THB 800k immigration regulation.

On 6/13/2019 at 8:52 PM, Destiny1990 said:

He claimed to have a special system (memorizing words and sentences) to learn how to speak Thai faster then other language schools. That claim wasn’t true at all.

he did nothing different than what entrepreneurs do selling a product or services... and let's not forget the politicians or what the... the whole world surrounding us does.

16 hours ago, GeKoSc said:

fake posting by Naam....I never said " I am afraid" in any of my postings...

 

yes you did, scroll up and see last line in your second last posting. of course you hid it by wrapping it with "knowing better". but anybody analysing your postings clearly can recognise your fear when referring to well-known gloom & doom experts in context with the naïve question "which jurisdiction?"

2 hours ago, GeKoSc said:

I am afraid

i'm aware of that.

13 hours ago, GeKoSc said:

Hi all,

1. As most investors may expect and experts often mention is imminent setback of the world economy within the next 9-15 months. With all that debt worldwide experts are expecting too that  a currency reform will take place.

 

2. Would a change of jurisdiction for the private money sock of investors be considered an advantage and why?

1. not most but some investors expect and some "eggsburts" mention an imminent setback of the world's economy as far as 45 years back when i had for the first time real money to invest. and this goes on and on and on since 45 years. hardly a single week passes without the media presenting a well known eggsburt declaring "doom and gloom is around the corner" with the media adding "he was correct forecasting on december 23rd 1987 no white Christmas this year.

2. nobody can answer your question.

summary: yawwwwnnnnn....  

2 hours ago, Jeffrey346 said:

2 hours ago, Beggar said:

Perhaps it's just the question if you connect your aircons before or after the meter. 

Perhaps but doesn't seem logical. 5 AirCons would mean 5 lines. That would be very noticeable. Plus, how are they getting a specific bill?

you can use a single connection and split it inside the home to serve a dozen aircons or more.

8 hours ago, manchega said:

is Naam just your alter ego ? 

i'm a German, McWalen is a Pole.

11 hours ago, wayned said:

14 hours ago, mogandave said:

Eating skin-on fillets was probably the second thing I got used to here, drinking instant coffee being the first...

Actually leaving the skin on while you cook it, whether or not you remove it after cooked, does add a little moisture and flavor as the little fat that a fish has is between the skin and the flesh, similar to chicken.

if skin exists leaving it on and eat it is a must!

https://www.facebook.com/macwalen

7 hours ago, Expat Tom said:

FYI, Agent Orange was used on all of the US Military bases in Thailand as well as Vietnam. In fact, it was used as heavily here as in Vietnam.

right you are! the runways in U-Tapao, Korat and several other locations for the B52 bombers had to be once a month deforestated and defoliated.

11 hours ago, pagallim said:

The official projection for 2019 Thai exports was an increase of 5%.   Last month (May), that was revised to 3%.   This month (June) that's been again downgraded to 1%.   The strength of the baht is not because of its inherent strength.   There is a bubble about to burst with a contraction of its exports and falling domestic consumption.

projections, especially 'official' ones, aren't worth the paper or bandwidth used to publish them when they don't match the facts. and that applies globally.

a few months ago "lurned eggsburts" projected that the FED will hike interest rates three times in 2019, today the projection is... FED will decrease once.

a few months ago Brexit was Brexit, Nigel Farage and his boys and girls will make sure that Brexit happens. today Nigel is standing somewhere holding his dick wondering what happened same same Theresa May. 

2 hours ago, pagallim said:

It's more realistic to look at the Pound/US$/Euro/AUS $ exchange rates, against which the pound has been relatively stable during the last 6 months.   The problem is the over valuation of the Baht, evidence of which is already manifesting itself in the drop of imports, and in the drop in non Asian tourists. 

you mean of course a drop in exports because of the strong (not over-valued) Baht.

nos. 2018

Imports $ 249.23 bb

Exports $ 252.48 bb

Balance $   +3.25 bb

nos. 2019 YTD:

Imports $ 20.012 bb

Exports $ 18.556 bb

Balance $ -1.456 bb = 7.28% = nothing to rave about, nothing to whine about.

U.K. trade deficit 2018 = £ 31 bb =  $ 40 billion 

Thailand current account surplus of 7.4 percent of GDP.

U.K. UK current account deficit widened to 3.9% of GDP in 2018,

compared with 3.3% in 2017.

https://www.ons.gov.uk/economy/nationalaccounts/balanceofpayments/bulletins/balanceofpayments/octobertodecember2018

where's the beef?

20 hours ago, SheungWan said:

Its all pairs. Not exactly rocket science. 2 pairs and we are into arbitrage. The other fantasy stuff comes off the back of your tea trolley. As for criticising Naam, maybe you could find something a little less trivial. He's all ears I am sure.

all ears, quite amused and thankful for Chivas' pass enabling a rebuttal containing some hard facts. 

as this is ThaiVisa i expect (it happened more than once before) that i will be accused being personaly responsible for the atrocities in Auschwitz, Bergen-Belsen and Buchenwald). oh well...

On 6/6/2019 at 10:16 AM, Chivas said:

By the way I wouldnt be overly impressed with Naam agreeing with you. The so called financial guru 7 years ago had no idea that "Cable" referred to the exchange rate of Sterling/Dollar the oldest and first financial instrument pair so called because of the transatlantic cable of the time between the UK and USA

why would anybody be interested to know the exchange rate code "cable" of the world's leading currency USD vs. the insignificant currency GBP used on an economically insignificant island that depreciated >triple digit percentages vs. other major currencies?

i'm a German and i remember English lessons as a boy when a single mighty British Pound (supported by slave labour and rigorous exploitation of commodities in the Commonwealth colonies) bought 20 Deutsche Mark. extrapolated as of today that would be GBP 1 = DEM 1.95583 = minus >1000%

now back to the corner where your framed certificate hangs certifying "knows what cable means".

3 hours ago, Moo 2 said:

The baht has been melting away since the junta took power

only in your dreams.

On 6/5/2019 at 11:46 PM, Jip99 said:

By the way, Brexit will not be cancelled.

time will tell.

6 minutes ago, nauseus said:

44 minutes ago, Naam said:

this must be "Thai baht breaks" comment no. 793 since i started reading Thaivisa 15 years ago.



Just a few short years after it broke last time then.

Thai reserves in august 1997 USD 20.3 billion,

Thai reserves in march 2019 USD 209.7 billion.

keep on dreaming "Thai Baht breaks".

On 6/4/2019 at 5:21 PM, connda said:

Better question - why is the THB strengthening, and when will it level off?  

Thai exports will eventually be priced out of the market.  I wonder what is flowing from China through Thailand that keeps the exports strong? Just a thought. The government can subsidize things like farm products, but that can not work for the long-term. Something is funny.  

 

My guess is that it's painful now, but eventually the Thai baht breaks.

this must be "Thai baht breaks" comment no. 793 since i started reading Thaivisa 15 years ago.

8 hours ago, Wazoo said:

add if and when we do get out of the eu, preferably with no deal and man i would not want to be paid in euros then. It will freefall without the pound holding it up.