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aqua4

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  1. the whole year is expected to be 1.35% Lays potato chips went from 20 Baht to 22 Baht to 24 Baht. Food went from 40 Baht to 50 Baht.
  2. I think Richard Lynn was the expert on the issue. IQ and the Wealth of Nations was a very good intro to the subject. People with lower IQ's cant comprehend complex tasks. Hence the type of economy they would have will be less complex compared to those with higher IQ's. So what is intelligence - in my view - pattern recognition. You have the ability to see patterns forming. IQ in my view is mainly genetic which most likely provides 75% of your IQ and 25% environmental. So the Flynn effect is closing the 25% environmental gap. Lynn once spoke about how he was limited by the Chinese government that he could only take the IQ tests in certain wealthy areas. Most of the test takers had American accents which he found strange. On more than one occasion he noticed that the same students arrived in different towns in China where he held the tests. He was a remarkable man with really good insight. One of the brightest people I had ever spoken too. RIP. The topic came up once many years back and a friend of mine asked me what I thought the chances of Cambodia rising would be. Considering the war had a massive dysgenic effect on the population. I said that it did not look good. The bright ones are a minority and they will have fewer kids than the not so bright people. Either way it does not look very good. Much like the speculation as to what would happen in sub-Sahara Africa. Pretty much the same disaster we already see unfolding. Most likely a malthusian catastrophe. Nature has a way to keep everything in check.
  3. That's not a girlfriend. Its a penpal.
  4. Well lets see. If you make money abroad and live on your retirement visa. Since you are then paying taxes would you still need to play this 'money game' each year - 2 months before and 3 months after? Could you then just show your tax receipt?
  5. True, its just another disaster in the making. I however get this strange vibe when he says "The initial proposal includes a raise of the minimum wage to 400 baht per day and monthly salaries for university graduates to 25,000 baht." You cannot legislate people into wealth nor can you legislate Thailand into a upper middle income state. Sorry but this type of 'commie' thinking I have seen in Africa with disastrous consequences. People will simply disinvest much like China is seeing people leave because of higher salary bills. The idea that "This is part of a broader strategy to generate higher tax revenues and encourage further investment." to me spells disaster. People do not invest where the labour is expensive and the work can be done elsewhere.

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