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Securing Your Golden Years in Thailand: The Essential Role of Health Insurance
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6
Truck Carrying Liquid Glue Catches Fire After Tyre Explosion
Kudos to the driver(s) that took quick and appropriate action to de-escalate the situation. -
494
Biden lifts restrictions on Ukraine using US weapons to strike deep inside Russia.
The one thing that would bring stability and peace to Ukraine would be NATO membership. After massive war crimes, Russia does not get to deny any country NATO membership. -
109
Would Donald Trump’s tariffs hurt US consumers?
Not always. What happens to average Thai wages if Thailand decided to start handing out work permits/visas for Farang? In reality, Thai managers won't be able to see massive pay rises because Cleetus from Mobile, Dirk from Groningen or Paul from Newcastle gets their £100k PA job transferred to the Bangkok office. Mass immigration might be one of the drivers for wage inequality, but is not the only one, and might not even anywhere near the most important. Sandeep arrives from India in the bright lights of London, and he gets a job emptying the bins for an office cleaning company which wins a competitive bid from a PLC in the City because they are paying mostly immigrant employees a wage much closer to the minimum wage than their competitors. There is a saving to the PLC which helps them reduce costs, contributing to the bottom line, and nudging everyone over the line for those bonuses. PLC employee wages go up because of Sandeep. Of course Wayne the bloke who got thrown out of school at 14 for sniffing glue, still can't anything better than cleaning skips for cash in hand. Rohit is an engineer with some experience. In India, his wage is £6000 a year, which is pretty decent there, but he thinks the UK offers more opportunities. His boss in India keeps telling him the grass isn't always greener, but Rohit is young, got a new wife and baby, and he spends a lot of time on Tiktok, looking at amazing snow and cars. He get a visa sponsor. He attends interview for a graduate engineer, advertised as starting at £45,000 depending on experience, which seems like a King's Ransom to him. He doesn't have quite as much experience as the other candidates. He comes out with out during the interview, he'll take the job for £10,000 a year. Does he get the job, driving down wages? No. What is happening is the UK company sets up an office in Bangalore, and employs all the CAD engineers they need there. Now the savings aren't really 1/10th of the wage cost, because they seem to need to employ twice as many people there, on shifts, because of the time difference. They design clever stuff that is manufactured in the UK by an additive process that is pretty automated. Normally those engineers would be a £60 PH overhead in the UK, now that's reduced to £20PA, taking account of the rented office in India, and that they need to have a travel budget so that some of the managers can swan out there every now and then. Wage growth is complex. There was this idea at one time of "trickle down" economics; Elon Musk now being a trillionaire (or close to it) makes you richer. It doesn't; its a garbage idea that the Oligarchs in Russia made the lives of ordinary Russians better because they became richer and brought more Bentleys. I think the opposite is also equally untrue; capillary economics, the idea that poor immigrants make other people poorer. No, what happens is you have a lot more people less well off than you. Where mass immigration can cause stress is on public services, and that is down to the humanity of the society. there is increased demand on education, healthcare. A society can be inhumane and stop migrants sending their kids to school, or, in the case of a publicly funded healthcare system, let them die in the streets, Or in the case of Farang managers in Thailand, make them send their Farang kids to an expensive international school, and take out private healthcare insurance. When Sandeep the cleaner is stopped from coming to the UK, the cleaning company doesn't turn to the semi-literate Wayne to start cleaning the Boardrooms. They invest in a few of those cleaning robots, made in China, designed by engineers in Bangalore, working for a Newcastle based start up selling whizzy AI enabled cleaning robots. Which had received a generous innovation grant from the government as an example of 21st Century Britain, taking on the world, after they won the contracts to sell robot cleaners to Bangalore airport, a stunning "export" win, given the airport had seen massive increases in passenger traffic. The Industrial Revolution had casualties. It lead to high level industrial espionage and mass infringement of patents to enable a cotton industry to be established in the nascent United States with its Revolutionary Government, who had recently inspired very bloody regicide in France. The Americans, as they called themselves, needed stolen technologies (Samuel "Slater the Traitor" Slater who stole the secrets to Richard Arkwright’s transformational “water frame” technology of cotton spinning) to make the mass slave trade much more profitable (picking cotton). It was ok, because 2 generations later, it fueled a rise in American innovation, beating that of Europe. Britain was cotton king (and sugar king) was no longer so, but that was ok, because they had made a ton of cash, and 200 years later became a service based economy, hardly affected by threats of tariffs. Not much of a navy, but then, the tea clippers, anti-slavery patrols, were just a distant memory. There is a Digital Revolution, and there will be casualties. And beneficiaries. There is an alternative, called Ludditism. A restriction on immigrants won't in itself cause an increase in employment rates. Jobs will still move overseas. There is not an easy solution, but people will offer easy sounding solutions. They always will because they need your vote, but not always have your interests at heart. -
13
Russia Bolsters Defense with Nuclear-Resistant Bomb Shelters Amid Escalating Global Tension
Of course it's not ok. What a stupid thing to say. My post was in relation to the escalating situation. I actually said that the deployment of these weapons will end up with more Ukrainians dying. Do you honestly think I think this is OK and that somehow my post is supporting this inevitable retaliation from Putin? 100,000s of thousands of lives lost for something that could have and should have been stopped before it started. I find what you accuse me of as totally despicable. -
199
Donald Trump Jr. Alleges Biden’s Actions Could Trigger World War III Before Trump’s Return
If you mean by 'peace agreements' the Abraham Accords, the only thing it has achieved is handing over 2 billion to Jared Kushner, plus many millions each year as 'management fee'. Of course it ignored the Palestinians completely. It was all about greed, and worked out well that way. It has absolutely nothing to do with peace in the Middle East. -
45
Egyptian Tourist Arrested for Sexual Assault in Luxury Condo Lift
How many drinks do you have to buy them before you can stick your finger up their bum ? -
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66
Gallup Poll: American's trust in "trusted" main-stream media falls to 31%
And please tell us what the American public’s confidence level of the current US Supreme Court?
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