Moruya
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Posts posted by Moruya
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Nicely written article that explains very simply the risk of overheating in various markets.
I wonder how many of the condo purchases were 1st time buyers looking for their tax break and how many defaults will occur in 2013 resulting in excessive property being placed back on the market thus driving the number of empty condos for sale and at the same time driving prices down?
Thai stocks have obviously benefitted from the US and European economies flagging as well as the USD, JPY and EUR interest rates being chopped to near zero. However the US stock markets are now on the increase and the economy is on the up. Europe will eventually follow suit and the investments in Thailand will be reversed resulting in a buyers' market and pushing share prices down. Is an increase in the SET index of 300% in 4 years realistic? We'll see.
Obviously money flooding in to invest in the 2 items above results in a strong Baht and when it floods out that will reverse.
As far as the economy is concerned, unemployment is on the rise, exports are on the way down, imports are on the up. The large infrastructure projects will almost certainly result in further pressure on the balance of payments and further government debt. With the rice fiasco continuing I can see the Thai debt growing from 40% of GDP under this regime to appproaching 100% before its term is complete. The increase in the minimum wage and energy prices will continue to drive up inflation.
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So if the election is declared null and void and a new election held do PT really think their antics over this will endear them to the BKK voters.
The vote clearly showed that for whatever reason the people of BKK said they wanted Sukhum-bhand in the job?
If I was a BKK voter who had voted for Sukhum-bhand I would be highly peed off that the same bunch of bandits who burnt and held my city to ransom have on some flimsy excuse got the one I wanted chucked out.
It's almost as bad as having the Prime Minster and his party that you elected in, being illegally deposed, except that it in this case it only involves the electoral voters of Bangkok and not the Entire Country.
I remember now why the music industry switched from vinyl to CD
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downgraded to mute puppet?
Rod Hull and Emu?
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So why isnt the PTP government, the champions of the people doing anything about this? Why isnt Thida and the red democracy movement protesting at the companies gates? Why must the workers turn to foriegn governments for help?
The red shirts are all still stuck in 2010. Rebels without a cause.
They will come out next month to protest the deaths of people when the true culprits are those who led them there and incited arson, theft and violence.
For such an experienced commentator on this site it is somtimes hard to believe that you have ever been to Thailand. Especially when you sum-up with such perverted views of reality as those expressed in your few short words "who led them there and incited arson, theft and violence."
So good you posted twice!
Not sure why you clicked the "like" button?
I have pointed out on many occasions within this forum the policies that PTP made and failed to deliver. Here are some that I haven't pointed out - but perhaps you can explain?
Rewriting the 2007 Constitution
Freeing red shirts jailed for protesting
Doing away with the lese majeste law
In fact other than feeding the red shirt fat cats, what has the PTP party done for the grass roots?
This is my 10th year here and I have watched with both eyes open
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Lydia for PM next.
You heard it here first
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What PTP has done incredibly well is to prove that evern without the number one exporter exporting anything, the price of rice has still tumbled........
It's mindless, vote buying initiatives are a massive waste of tax-payers money and Thailands budget.
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So why isnt the PTP government, the champions of the people doing anything about this? Why isnt Thida and the red democracy movement protesting at the companies gates? Why must the workers turn to foriegn governments for help?
The red shirts are all still stuck in 2010. Rebels without a cause.
They will come out next month to protest the deaths of people when the true culprits are those who led them there and incited arson, theft and violence.
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This is democracy?
a naughty boy hiding up a tree tells the headmistress how to run her shop?
Dear oh dear.....
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Oh what a tangled web we weave Mr. Tarit.
You will eventually become consumed by your own misdeeds.
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What on earth?
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I wonder how Carlsberg, Pepsi and Pizza Hut view Thailand? "Haven"? Possibly not!
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Sooner or later the empty vessel PTP will be so weighted down with debt it will float like a solid lead supertanker.
Can they keep the meagre farmers' subsidy going until the next election? Me thinks not.
Don't panic, don't panic? More like "we're doomed"
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gonna buy a generator for my fridge.
Can't exist without cold beer and steak
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In 2012 the government collected 1.977 Trillion Baht.
In the same year they spent 2.184 Trillion Baht
Leaving them with a debt of 43.3% of GDP (11.363T)
So basically they are spending overe 22% of tax revenue on this fiasco and adding 4% GDP debt per annum
And what do they get to show dor it?
Millions of tonnes of decaying rice
Oh. And several significantly richer cronies
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I was reading an article this week on an experiment where 2 rats, thousands of miles apart, had micro impants placed in their brains. One rat had learned how to operate a coloured button for food and managed to transfer that knowledge to the other over the network. Skype for rats was my initial thought.
Does that mean your brother or sister think like you.
Is that a question?
If so, then I would have to say that we all think the same way - Thaksin's and Yingluck's brains operate in the same manner as those of rats.
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I was reading an article this week on an experiment where 2 rats, thousands of miles apart, had micro impants placed in their brains. One rat had learned how to operate a coloured button for food and managed to transfer that knowledge to the other over the network. Skype for rats was my initial thought.
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I'll believe this when I see Chalerm using Mekhong or Saeng Som ear medication.
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Is it? Pongsapat received more votes than any other candidate being it PT or Democrat ever and Bangkok is shifting rapidly from a DP base to PT. Was it closer to 70/30 before it is now maybe 53-47.
The Nations are the apologists for the establishment, their newspaper comes closer to a school newsletter than a serious paper. They are biased to a point that Fox news seem to be objective.
That's a very weak statement.
Imagine if the Dems had fielded Korn? Pongsapat, a one month PTP member, would have lost his deposit!
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Given the TRT/PPP/PTP history with election cheating, this is incredibly daft
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Where is the telephone poll?
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simple - Plodprasop buys a pine cone and distributes the remainder
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Using a nut to crack a sledgehammer
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How about the Thais do something original?
the Nana Shake?
Shake your Tail Feather?
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How low do these PTP people stoop in blatant disregard of law. Use of photos and then altering them is a criminal breach of copyright - copyright theft. Yet of course, no one will bring charges. I suppose they feel immune with the Police chief on their side. Amazing Thailand alright...
"... celebrities' pictures were doctored to show they supported candidate No 9. They included Bird Thongchai McIntyre, heartthrob Nadech Kugimiya and boxer Buakaw Por Pramuk."
Oh the faux idignation is more than I can stand. Now step away from the propaganda aka the Nation and let's see what actually happened.
"Meanwhile, some celebrities' pictures were doctored to show they supported candidate No 9. They included Bird Thongchai McIntyre, heartthrob Nadech Kugimiya and boxer Buakaw Por Pramuk."
Shock, Horror, and then you read on
"Their fan clubs asked if the celebrities' photos in social media were real or doctored. Bird yesterday posted on his Facebook page, "The pictures that show I support a candidate are doctored. I don't support anyone."
So basically somebody has posted on facebook or whatever photoshopped photos of "celebrities" and the idiot dems are going to ask the Bangkok election to investigate it (hopefully in the chance they can get the PTP dissolved over irregularities no doubt ).
Hallo, is there anyone sane left in the country?
P.P.P.Poochie.
Do you really think it's acceptable?
Experts Want Parliament To Control Thai Govt Spending On Populist Projects
in Thailand News Headlines
Posted
Wake up and smell the coffee time