Thailand reality

[Celsius]

 

My wife is industrial manufacturing and it's absolute hell right now.

[AnnaBanana]

Get another wife ASAP.

[Celsius]

4 minutes ago, AnnaBanana said:

Get another wife ASAP.

 

Interviewing on Tinder as we speak 

[scubascuba3]

53 minutes ago, Celsius said:

 

My wife is industrial manufacturing and it's absolute hell right now.

Lot's of job losses inevitable 

[marin]

27 minutes ago, Celsius said:

Interviewing on Tinder as we speak 

Figured as much, if your wife falls on hard time you run rather than contribute. This is the wife you have been bragging about that makes the big bucks right?

[Celsius]

Just now, marin said:

Figured as much, if your wife falls on hard time you run rather than contribute. This is the wife you have been bragging about that makes the big bucks right?

 

How are you these days AO? Health ok?

[connda]

That's happening in response to Thailand imposing a minimum wage law.  Western factories are closing and moving to where labor is cheaper.  With the exception of China which is filling the vacuum that is being left by the West.

Sorta what you're seeing is the difference between Western capitalism which seeks to exploit labor and resources of its host country to maximize short-term profits.  The CPC model is building inter-connectivity and infrastructure, establishing solid manufacturing bases for long-term productivity and growth.  I'd say that Thailand needs to be patient and begin to really work on establishing itself as a member of the BRICS economic alliance.  As was the theme is A Field Of Dreams:  Build it and they will come.  Build those interrelationships with the countries which represent the "Other 7 Billion People Living Outside The West," establish economic and trade relationships, work more intensively with Thailand's nearest neighbors, specifically China, and plan for long-term growth in manufacturing, industry, and the economic well-being of Thailand's citizens.  And to get there they are going to need to stop hamstringing their energy needs with the "Green Agenda 2030."  Growth requires ample energy reserves from hydrocarbon-based fuels, and should include "green energy" but not as the primary energy source.  What the Greenies miss is what is coming, probably within the next 30 to 40 years, and probably before 2050, and that is Commercial Fusion Energy.  Then the entire energy playing field changes. 

And guess who is one of the most advanced countries when in comes to Fusion Technology?  China.  Stay tuned..........

[connda]

1 hour ago, Celsius said:

 

My wife is industrial manufacturing and it's absolute hell right now.

I read that a lot of factories are closing, but then that doesn't explain what I'm seeing with my eyes here in Northern Thailand.  Here just outside of Mueang Lamphun in the industrial zone there are a number of brand new factories that have just been built.  I need to poke around and find out who has built those new factories and what they are going to manufacture.  But my eyes are seeing facts-on-the-ground they belie the narrative that Thailand's industrial base is about to fold.  I'll check that out.....

[Chris Daley]

Yes she takes good care of me.  Second vacation this year.  She bought me a new piano.  New phone recently.  New car just like that.  She's works all week, 12 hour days.  She says that everything she owns and her savings will be mine no questions asked.

 

Oh wait.  No that didn't happen.  Yeah she doesn't work.

[FruitPudding]

Looks like we can expect more tuk tuk drivers and massage ladies.

[bkk6060]

I met a lady recently she worked in a factory in Samut Prakan and liked it. Lots of friends and OT she made over 25k a month.  They closed, now she is working in Hua Hin at massage.  

Edited July 28 by bkk6060

[sandyf]

4 hours ago, connda said:

I read that a lot of factories are closing, but then that doesn't explain what I'm seeing with my eyes here in Northern Thailand.  Here just outside of Mueang Lamphun in the industrial zone there are a number of brand new factories that have just been built.  I need to poke around and find out who has built those new factories and what they are going to manufacture.  But my eyes are seeing facts-on-the-ground they belie the narrative that Thailand's industrial base is about to fold.  I'll check that out.....

A great deal of development around here started during covid, many came home from wherever and never went back.

It is not all one way and through out history technical progress has always made things smaller.

 

" Interestingly, while large-scale factories are experiencing a higher closure rate, smaller factories are witnessing an increase in new openings."

https://criterionasia.com/thailands-industrial-landscape/

[BobDobbs]

Interesting

 

You'll get none of this from any Thai government source or online publication (maybe Thai Examiner, Khaosod)

 

Thailand's ability to manufacture anything is decidedly low tech.

 

Vietnam will soon surpass Thailand and a number of manufacturing agricultural areas.

 

The heart of the problem is corruption and disrespect for the individual.

 

The multitude of onerous laws don't help either.

 

I have often said for a decade and a half that Thailand is becoming more like the Philippines then Singapore this march continues ever forward

 

I'm not aware of anything that it makes or has the ability to manufacturer that has anything to do with technology.

 

The only thing that allows it to cling on to any any manufacturing at all is China moving its factories here to avoid US and to a lesser extent EU quotas.

 

The Japanese seem to be abandoned in the country entirely

[NowNow]

18 hours ago, sandyf said:

A great deal of development around here started during covid, many came home from wherever and never went back.

It is not all one way and through out history technical progress has always made things smaller.

 

" Interestingly, while large-scale factories are experiencing a higher closure rate, smaller factories are witnessing an increase in new openings."

https://criterionasia.com/thailands-industrial-landscape/

 

 😊

Your link doesn't provide any evidence at all. The reality is still no growth or contraction, isn't it?

 

From January to July 2023, an average of 150 new factories opened per month. From July 2023 to Jan 2024 that average fell to 50.

[DonniePeverley]

Thailand is addicted to mass cheap tourism.

 

Till it can lumber it's way out of that, and diversify the economy it's always going to be doomed. 

[BobDobbs]

I was going to start a new thread, but here you go.

 

https://www.khaosodenglish.com/life/2024/06/08/one-in-every-ten-thai-children-suffers-from-malnutrition-due-to-poverty/

 

Most malnutrition and starvation is political. The notion that Thai children should be suffering in such a state is incredible given the bounty of agriculture of the nation.

 

https://www.khaosodenglish.com/opinion/2024/06/09/opinion-thai-society-a-perpetual-hostage-to-the-deep-state/

 

https://www.thailand-business-news.com/business/132048-uncovering-the-oligopoly-and-monopoly-market-structure-in-thailands-economy

 

https://www.b######post.com/business/general/2837683/world-lagging-thai-stocks-see-investors-moving-money-into-regional-rivals

 

https://www.zerohedge.com/markets/thailand-sets-chaos-domestic-auto-market-subsidizing-chinese-evs

 

My two favorites

 

https://www.techinasia.com/unpacking-tech-giants-massive-investments-malaysia

 

https://www.thailand-business-news.com/asean/vietnam/131304-vietnams-economy-projected-to-outpace-thailands-by-2038

 

Without real change the future is bleak.

 

What happens when Thais push back against 40M tourists invading their country and worse yet the vast majority receiving absolutely no in/direct benefit from it.

 

Illegal Chinese land grabs, call center and zero-dollar tourism. Any factories moved from PRC here can be and probably will be moved on to Cambodia or Vietnam

 

Oligarchs are just mimicking the West. Fairly obvious to me.

 

Given that I receive nothing from the country despite having paid taxes (was a 1% er) income in the nation and the VAT spending both myself and my wife. That the Thai government appears to want yet even more despite delivering absolutely nothing to myself, family I'm quite indifferent to its plight any longer.

 

The writing is clearly on the wall and is being ignored.

 

This 14B digital giveaway is an absolute farce and will damage the currency and the nation. Of course, this CBDC is not entirely Thailand's doing I'm sure it was pushed by outside global mischief makers

Edited July 30 by BobDobbs

[sandyf]

22 hours ago, NowNow said:

The reality is still no growth or contraction, isn't it?

You are free to believe that equates to the situation the OP tried to portray.

[NowNow]

4 minutes ago, sandyf said:

You are free to believe that equates to the situation the OP tried to portray.

 

Another post with no substance...

[brianthainess]

On 7/28/2024 at 9:47 AM, AnnaBanana said:

Get another wife ASAP.

A Chinese one..........................................

[brianthainess]

Where is that Public Notice Board ? people now tend to look online now for jobs anyway.

[soalbundy]

The market town 17 km from me, 50 km from Surin seems to be bustling, Tesco is full of Thai shoppers, new cars on the road, lots of shops doing business, lots of new buildings going up, the large government hospital has just had a big extension added and accommodation for staff has also been added. Not a tourist in sight.

[Lorry]

1 hour ago, BobDobbs said:

I was going to start a new thread, but here you go.

 

https://www.khaosodenglish.com/life/2024/06/08/one-in-every-ten-thai-children-suffers-from-malnutrition-due-to-poverty/

 

Most malnutrition and starvation is political. The notion that Thai children should be suffering in such a state is incredible given the bounty of agriculture of the nation.

 

https://www.khaosodenglish.com/opinion/2024/06/09/opinion-thai-society-a-perpetual-hostage-to-the-deep-state/

 

https://www.thailand-business-news.com/business/132048-uncovering-the-oligopoly-and-monopoly-market-structure-in-thailands-economy

 

https://www.b######post.com/business/general/2837683/world-lagging-thai-stocks-see-investors-moving-money-into-regional-rivals

 

https://www.zerohedge.com/markets/thailand-sets-chaos-domestic-auto-market-subsidizing-chinese-evs

 

My two favorites

 

https://www.techinasia.com/unpacking-tech-giants-massive-investments-malaysia

 

https://www.thailand-business-news.com/asean/vietnam/131304-vietnams-economy-projected-to-outpace-thailands-by-2038

 

Without real change the future is bleak.

 

What happens when Thais push back against 40M tourists invading their country and worse yet the vast majority receiving absolutely no in/direct benefit from it.

 

Illegal Chinese land grabs, call center and zero-dollar tourism. Any factories moved from PRC here can be and probably will be moved on to Cambodia or Vietnam

 

Oligarchs are just mimicking the West. Fairly obvious to me.

 

Given that I receive nothing from the country despite having paid taxes (was a 1% er) income in the nation and the VAT spending both myself and my wife. That the Thai government appears to want yet even more despite delivering absolutely nothing to myself, family I'm quite indifferent to its plight any longer.

 

The writing is clearly on the wall and is being ignored.

 

This 14B digital giveaway is an absolute farce and will damage the currency and the nation. Of course, this CBDC is not entirely Thailand's doing I'm sure it was pushed by outside global mischief makers

I have read your articles with great interest (some are behind paywalls) and what they write has been said for years (e.g. 15 years ago, I myself thought Vietnam would overtake Thailand within 20 years; now I read "by 2038").

 

The reality on the ground I see every day is what @soalbundydescribes.

 

How can this be reconciled? (I know people say  "it's all debt". Really?)

[sandyf]

5 hours ago, NowNow said:

 

Another post with no substance...

Exactly, the post referred to the OP.

[Lorry]

https://www.nytimes.com/2024/07/30/business/japan-thailand-cars.html

 

https://www.nytimes.com/2024/07/30/business/chinese-electric-vehicles-thailand.html