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Covid-19 situation "out of control" says Kasikorn - point to vax rollout mess, less household income

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2 hours ago, Isaan sailor said:

Depends on your time of reference.  Yesterday, USD/Baht 32.69.  Right now, USD/Baht 32.50.  Kinda looks like the Baht is rising again.

Not against the GBP. Now 45.21, highest since mid 2016.

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  • I'd bet my bottom baht this is GROSSLY understated.

  • 2023 .... If the government proceeds with intelligence, empathy and speed.  We know what the odds of that are.   Default the payments for the submarine and the new airplane.  Let them sue. 

  • It would be interesting to see the stats on the number of underwater loans that the banks are now carrying. Thailand's personal debt was already heading into the stratosphere before Covid.  

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  • Popular Post
9 hours ago, Deli said:

And the guilty culprits are still in charge and will be in the future.

How long will the people watch ?

As long as there are tanks that will run over them ............

2 hours ago, Muhendis said:

Before next Tuesday would be nice please.

This morning around 10:30.

 

Wise   45.2158

XE      45.2151

 

Both up a little from Friday around the same time.

Another report for the Duh File, which is certainly getting thicker. 

8 hours ago, ourdon said:

"cucaracha"

or a "cuca-borracha"

 

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"Daily News went with a headline that said Covid was out of control creating stress in households and  salaries and employment were down putting pressure on livelihoods."

 

That government controled paper makes no mention of the terrible vaccine  screwups by Anutin and the government.

 

The Thai people aren't stupid and with social media they can get real time news.  People everyday are really getting upset with this inept government.  Things are shaping up for a change.

 

 

  • Popular Post
4 hours ago, mfd101 said:

Preparing their emergency exit plans and o/s bank accounts, just in case.

No doubt they have been making those preparations and earning countless billions, for 7 long years now. Bank accounts all over the world. Extreme corruption. 

 

Hopefully, these creeps will face criminal charges, and hatred for the rest of their Iives.

Time to move money out of Thailand, but where?

 

The US are printing "Monopoly Money" on Andrex/Scotties?

 

Gold, Oil,?

 

Ah!....I know!.....BioTech!  

 

 

Thumbs Up Emoji.jfif

4 hours ago, polpott said:

Not against the GBP. Now 45.21, highest since mid 2016.

75thb to the GBP again in 3... 2... 1...

6 hours ago, spidermike007 said:

It varies from day to day. From what I have been reading, a massive number of international investors consider Thailand a very unsafe and unwise place to have their money invested right now, and are pulling out in droves. Plus exports are way down. 

 

Can't blame them. The sluggard leadership does not inspire much confidence. 

Actually exports are way up this year from where they were last year although still considerably behind what they were in 2021. That's because of tourism. But the rest of the export economy is doing ok.

https://tradingeconomics.com/thailand/exports

Not a single one of my wife's friends or relatives are earning anything on a daily basis, some have been without an income for over 3 weeks. These are ordinary honest hard working people attempting to put food on the table.

They are simply being pushed to one side, no help or empathy from the goons in charge, oh sorry I forgot our leader is forgoing 3 months wages! That's going to make a world of difference?  

I know what would make a difference.....

8 hours ago, ukrules said:

Ye, he is, although SCB is also a public company as well and as with any public company a simple google search will show you a list of the major shareholders. There are no secrets around this.

 

If no secret then let us know. All I saw on the Google were some former Shinn clan gov ministers.

Keep an eye on Oxygen supply...

Will this bank get done for defamation now....because they are spreading fake news ...we all know everything is under control as those in charge have told us many times. 

21 minutes ago, pegman said:

If no secret then let us know. All I saw on the Google were some former Shinn clan gov ministers.

I don't know what you were looking at, here's the list of Kasikorns largest shareholders, none of them are people.

 

image.png.7caa09b85b6cb3c5d9149176c19f5e44.png

26 minutes ago, ukrules said:

I don't know what you were looking at, here's the list of Kasikorns largest shareholders, none of them are people.

 

image.png.7caa09b85b6cb3c5d9149176c19f5e44.png

I'm not claiming any knowledge of who the major shareholder is. But it is typical for shell companies to be created to hide the name of the person who actually owns the stock.

15 hours ago, J Town said:

Same with the dollar.

with this statement..I see the dollar hitting 40 once again

  • Popular Post

acctually it is pretty scary. i just came to phuket few days ago and am shocked to see how closed and empty is everything. half the shops are closed, seems like forever, and the few ones that are open are empty. allmost no people nor cars in the streets. not because of a curfew but because there are no customers.

sometimes when i walk in the street i get aggresive reactions. i looked at people sitting in one shop and they shouted at me in anger. other time i asked a saleswoman something, but did not buy it. she started shouting at me that she is working here all day and why don;t i buy.

i can understand how stressed they must be.

the beaches are so empty that it is scary to sit there all alone. i guess that is why they keep

on being empty.

i wonder why the government tried so hard to bring visitors here when they knew

they gonna lockdown the country soon. seriously, what were they thinking?

 

16 hours ago, retsdon said:

underwater loans

Are these for those vital subs for the brass to escape with their ill gotton gains at 8 bells or the "dog watch" as we discharged seamen call it.

Just now, RubbaJohnny said:

discharged seamen

please............. this is a PG  site 

  • Popular Post
1 hour ago, rumak said:

please............. this is a PG  site 

.... or seamen with discharge

or seamen with semen discharge

19 hours ago, webfact said:

Kasikorn also said that last month 51.2% of households in a survey reported having less income. 

I think that this is what will force Thailand eventually to open fully without the hoops. Nobody having any money to pay tax!

1 hour ago, RichardColeman said:

I think that this is what will force Thailand eventually to open fully without the hoops. Nobody having any money to pay tax!

indeed this is how it goes ! that is happaned also in the UK and US and BRAZIL  and MEXICO.

It is simply impossible to keep everything closed just to avoid infections.

so you control the virus but destroy many peoples lives. Thai government will

realise it aventually.

16 hours ago, John Drake said:

Is it my imagination or have most of the people at the top of the food chain suddenly gone to ground? A lot of official silence, it seems.

We're going to get to see REAL Thai culture play out. In the coming national crisis, the "bigger", more important people in Thai society will be saved first. There is no equity in Thai culture. Pooyai first, rest of Thai 2nd, foreigners last. 

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love seeing the worthless baht's devaluation    

can I get a 'hell yess'

2 hours ago, SCOTT FITZGERSLD said:

indeed this is how it goes ! that is happaned also in the UK and US and BRAZIL  and MEXICO.

It is simply impossible to keep everything closed just to avoid infections.

so you control the virus but destroy many peoples lives. Thai government will

realise it aventually.

There are other successful situations.

 

The UK is still a big mess.

The US? 605,000 deaths and some shops open, hardly a good result.

9 hours ago, placeholder said:

Actually exports are way up this year from where they were last year although still considerably behind what they were in 2021. That's because of tourism. But the rest of the export economy is doing ok.

https://tradingeconomics.com/thailand/exports

That report has been proven to be totally fictitious. Many sources are saying due to low worldwide demand, the bloated baht and reduced staff, exports are down dramatically. 

  • Popular Post
9 hours ago, Dont confuse me said:

Not a single one of my wife's friends or relatives are earning anything on a daily basis, some have been without an income for over 3 weeks. These are ordinary honest hard working people attempting to put food on the table.

They are simply being pushed to one side, no help or empathy from the goons in charge, oh sorry I forgot our leader is forgoing 3 months wages! That's going to make a world of difference?  

I know what would make a difference.....

If he cared, he and the unnamed one would donate hundreds of millions of baht. If they cared. 

 

Anger is rising. There is going to be a great reckoning. Many hope they will be forced into exile. Prison is too much to hope for, so at least exile. 

14 minutes ago, scorecard said:

The US? 605,000 deaths and some shops open, hardly a good result.

U.S. population is 5 times bigger than thailand. so it is like having 120000 deaths in thailand.

question now, how did thailand made it so safe, when its health system is much

worse than the U.S.? and when the pandemic started in china?

the answer is one of the too: 1. thai numbers lie 2. u.s. numbers lie

8 hours ago, pegman said:

If no secret then let us know. All I saw on the Google were some former Shinn clan gov ministers.

Try Wikipedia.

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