Rimmer Posted March 1, 2022 Share Posted March 1, 2022 A slur has been removed Link to comment Share on other sites More sharing options...
Popular Post John Drake Posted March 1, 2022 Popular Post Share Posted March 1, 2022 20 minutes ago, sirineou said: Personally I don't know what the Stick or Carrot the US will use , if any, and as such impossible to answer the OP question. Thailand runs a huge trade surplus with the US. Thailand meanwhile runs an almost as huge trade deficit with China. It also runs a sizable trade deficit with Russia. Plenty of US leverage there. 3 Link to comment Share on other sites More sharing options...
Popular Post Artisi Posted March 1, 2022 Popular Post Share Posted March 1, 2022 On 2/28/2022 at 8:39 AM, worgeordie said: Another source of tourists lost , they will now have to try and lure Saudis' ,and TAT ever hopeful are expecting a Million to arrive soon ........hopefully. regards worgeordie Only a million, that's pretty low expectations for TAT, would have thought at least 5m initially with ongoing monthly increases - as per usual crystal ball gazing. 1 2 Link to comment Share on other sites More sharing options...
placeholder Posted March 1, 2022 Share Posted March 1, 2022 (edited) 1 hour ago, John Drake said: Thailand runs a huge trade surplus with the US. Thailand meanwhile runs an almost as huge trade deficit with China. It also runs a sizable trade deficit with Russia. Plenty of US leverage there. What the value of Thailand's trade with Russia doesn't take account of is tourism. I found this figure for 2015 Russians tourists spent almost $2 billion in Thailand in 2015 Although last year Russian tourism has followed the rouble fall with a 45% plunge from 1,606,000 to 884,085, Russia ranks second after the UK among European countries’ nationals spending their vacations in Thailand. https://www.thailand-business-news.com/tourism/52310-russians-tourists-spent-almost-2-billion-thailand-2015 For bookkeeping purposes economists consider tourism to be a kind of export since, in the case of Thailand, currency is flowing into Thailand from abroad. It's just that in the case of tourists, the spenders accompany their cash. Of course, going forwards, prospects for Russian tourism look a lot grimmer than they did even in 2015. Edited March 1, 2022 by placeholder 1 Link to comment Share on other sites More sharing options...
ROGER DUNN Posted March 1, 2022 Share Posted March 1, 2022 They said on the News yesterday that the Ruble is worth 1 cent ! Not Worth doing Buisiness with them 1 Link to comment Share on other sites More sharing options...
Bezdomny Posted March 1, 2022 Share Posted March 1, 2022 On 2/28/2022 at 8:29 AM, hotandsticky said: It will be brilliant!.......bring it on. Selfish thinking. 1 Link to comment Share on other sites More sharing options...
Adumbration Posted March 1, 2022 Share Posted March 1, 2022 13 hours ago, it is what it is said: if the current sanctions, never mind any increase in sanctions which is very likely, the russian economy will be in tatters by next winter. No it won't. 1 1 1 Link to comment Share on other sites More sharing options...
Thunglom Posted March 1, 2022 Share Posted March 1, 2022 8 hours ago, sanuk711 said: I understand the figure Thunglom--- my point is Thailand doesn't own them. Mexico is now the #3 global leader in automotive manufacturing. Sends cars all over the world---but it doesn't own all the Fords/Chevrolet/Honda's that it exports does it? Just like Thailand --the profit will go back to Japan/China/USA. Thailand gets a the spin off---some smaller industries making parts /use their rubber for the tires/Jobs etc. One Day Thailand may make their own car---Australia did when there was only 7 million people living there. Ownership is misleading - it's control - Thailand has majority ownership in the brands and total ownership of the supplier - if the manage decide to stop exporting to Russia that can Link to comment Share on other sites More sharing options...
Thunglom Posted March 1, 2022 Share Posted March 1, 2022 (edited) 8 hours ago, Liverpool Lou said: Yes, they can, central bank to central bank, for instance. How about cash? Is USD no longer legal tender? Remember when OBama sent pallets groaning with USD cash to Iran? Cash/dollars from Russia will not be accepted. Edited March 1, 2022 by Thunglom 2 Link to comment Share on other sites More sharing options...
friendofthai Posted March 1, 2022 Share Posted March 1, 2022 (edited) 14 hours ago, jollyhangmon said: And if NOT you're happy to help 'return' Taiwan ... interesting relationship, whose the biatch of whom here exactly ...? Sure. Chinese friends need a lot of warships for the operation of repatriating Taiwan. And Russia needs to overcome sanctions. So, we can help each other. Edited March 1, 2022 by friendofthai Link to comment Share on other sites More sharing options...
jollyhangmon Posted March 1, 2022 Share Posted March 1, 2022 35 minutes ago, friendofthai said: Sure. Chinese friends need a lot of warships for the operation of repatriating Taiwan. And Russia needs to overcome sanctions. So, we can help each other. Yeah? Whatever, bring it on, the both of you in teamwork? Hilarious. Can't wait to see another brilliantly executed manoeuvre like the (current) invasion of Ukraine, big fan here! Just f'n kidding of course, I hear your Führer is not that amused, had planned 2 days for that? Well, tough teats then ... Another important thing, just heard today is the day of the pig (whatever tf that means) so please make sure to extend my best wishes to tovarich Vlad, in exactly that regard! 1 1 Link to comment Share on other sites More sharing options...
friendofthai Posted March 1, 2022 Share Posted March 1, 2022 (edited) 15 minutes ago, jollyhangmon said: Just f'n kidding of course, I hear your Führer is not that amused, had planned 2 days for that? Well, tough teats then ... No. Originally, in December 2021, our president wanted to talk directly to the USA. But the leader of the Communist Party G. Zyuganov criticized this initiative. In the Russian parliament he told that we should make a party in Ukraine instead of operation 'Nevada'. So it was decided to visit Ukraine first. The main reason for this is the opinion of the Russian society. Russian people were very offended after the burning of pro-Russian activists in Odessa on May 2, 2014. So society wants a military tribunal for this. The President decided to please them. Edited March 1, 2022 by friendofthai 1 Link to comment Share on other sites More sharing options...
friendofthai Posted March 2, 2022 Share Posted March 2, 2022 8 hours ago, jollyhangmon said: had planned 2 days for that? Vlad needs war to get rid of some annoying western things like 'free press' or 'democracy'. War gives him unlimited power to do everything he want. Yesterday he closed the most influental opposition media Echo of Moscow and Dozhd. He needs about 1 year to wash out everything which smells like the West. So I think the war will not stop for a year or so. 1 Link to comment Share on other sites More sharing options...
jollyhangmon Posted March 2, 2022 Share Posted March 2, 2022 ... 555, oh faq, my bad, indeed looks like I did feed shilly trolleene here ... but keep up your fictional schtick by all means brwah, after all it's kinda mildly entertaining ... 1 1 Link to comment Share on other sites More sharing options...
tgw Posted March 2, 2022 Share Posted March 2, 2022 9 hours ago, friendofthai said: No. Originally, in December 2021, our president wanted to talk directly to the USA. But the leader of the Communist Party G. Zyuganov criticized this initiative. In the Russian parliament he told that we should make a party in Ukraine instead of operation 'Nevada'. So it was decided to visit Ukraine first. The main reason for this is the opinion of the Russian society. Russian people were very offended after the burning of pro-Russian activists in Odessa on May 2, 2014. So society wants a military tribunal for this. The President decided to please them. for who wants to read details: https://en.wikipedia.org/wiki/2014_Odessa_clashes Link to comment Share on other sites More sharing options...
Hawaiian Posted March 2, 2022 Share Posted March 2, 2022 On 2/28/2022 at 12:11 AM, Mises said: Russia has amassed foreign exchange reserves of $635bn, the fifth highest in the world and rising. It has a national debt of 18pc of GDP, the sixth lowest in the world, and falling. The commodity boom is adding an extra $10bn a month to Kremlin coffers from oil and gas. It is being squirrelled away in the National Wellbeing Fund. The Kremlin could sever all gas flows to Europe – 41pc of the EU’s supply – for two years or more without running into serious financial buffers. The harsh truth was summed up by Russia’s ambassador to Sweden. “Excuse my language, but we couldn’t give a <deleted> about western sanctions,” he told the Aftonbladet newspaper. But right now China has Russia’s back against the West, and this renders it impossible to enforce meaningful sanctions. China has it's own financial problems and cannot carry Russia for any length of time. If sanctions are not very effective, why was Putin so upset that he mentioned them as one of the reasons for his veiled nuclear threat. The SWIFT sanctions are only partial. Cutting Russia off completely from SWIFT will have a devastating effect and Putin knows this. Russia's foreign exchange reserves can last only so long and then what? The rouble's fall is not over and it may take Putin down with it. 1 Link to comment Share on other sites More sharing options...
Hawaiian Posted March 2, 2022 Share Posted March 2, 2022 On 2/28/2022 at 7:01 AM, Thunglom said: they have loads, they just can't use them anymore That's right. The sanctions have frozen one half to two thirds of their foreign currency reserves, which will be drained faster than expected. Link to comment Share on other sites More sharing options...
Thunglom Posted March 2, 2022 Share Posted March 2, 2022 Can they afford to?. or can they afford NOT to? Link to comment Share on other sites More sharing options...
Adumbration Posted March 2, 2022 Share Posted March 2, 2022 5 hours ago, Hawaiian said: The rouble's fall is not over and it may take Putin down with it. No it won't. 2 Link to comment Share on other sites More sharing options...
anandra Posted March 2, 2022 Share Posted March 2, 2022 On 2/28/2022 at 7:23 AM, RichardColeman said: I would imagine the unanswered questions would be 1. How will they pay ? 2. Will they want Thai products if the rouble hits rock bottom and the Teflon baht rises madly ? Thats the point, soon 1 usd will be 1 kilo of russian rubles, no matter whether Thailand wants or not. 1 Link to comment Share on other sites More sharing options...
Artisi Posted March 2, 2022 Share Posted March 2, 2022 The headline is meaningless - irrespective of what Thailand might want or dream about, how can they ship anything to Russia, seeing as how there is no access for goods into or out of Russia at the moment. 1 Link to comment Share on other sites More sharing options...
daejung Posted March 3, 2022 Share Posted March 3, 2022 About russian tourists ? Will they be allowed to travel and spend money abroad ? Link to comment Share on other sites More sharing options...
daejung Posted March 3, 2022 Share Posted March 3, 2022 On 2/28/2022 at 9:42 AM, spidermike007 said: what would be 1st world about the place? You could add pollution to the list Link to comment Share on other sites More sharing options...
daejung Posted March 3, 2022 Share Posted March 3, 2022 On 2/28/2022 at 11:11 AM, Mises said: Russia has amassed foreign exchange reserves of $635bn, the fifth highest in the world and rising. Half of these reserves are now blocked 1 Link to comment Share on other sites More sharing options...
jacko45k Posted March 3, 2022 Share Posted March 3, 2022 5 hours ago, daejung said: About russian tourists ? Will they be allowed to travel and spend money abroad ? At the moment there is a hefty surcharge on buying foreign exchange in Russia and people have to prove they will be returning... that was as I knew yesterday, but things change fast there. Carrier and overfly restrictions also make it difficult. 1 Link to comment Share on other sites More sharing options...
Isaan sailor Posted March 4, 2022 Share Posted March 4, 2022 Sanctions hurt Russian people of course. If they work, though—they can bring an end to the Russian invasion. And give CCP pause on their invasion plans as well. Link to comment Share on other sites More sharing options...
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