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I Want To Vomit...


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PS Id vote for a UK version of the tea party as i dont wish to bail out banks/ pay for unaffordable public sector and pensions/ lazy benefit scroungers/ illegal wars/ bail out the reckless borrowers who have made property unaffordable/ or have my life dictated to by bureaucrats .... thats pretty much what your average US Tea Party supporter thinks, its hardly extremism. Im hoping America is going to lead the way on this one.

and it's not just financial bailing out any more.....if they can get away with passing HR3808

they will be " bailing out " or covering up the banksters fraud :bah:

If not the tea party I think the Gambino Family would be a better proposition in the White House

than this mob. At least the Gambino's had a more responsible attitude to paying off debts B)

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I feel Obama has an ideology but the trouble is he hasn't been able to implement it fully. For example, health reform was half baked and is a mess. They should have gone MUCH FURTHER towards a universal Canadian style system and I am certain that is also Obama's ideal, but being a practical man he didn't push for what was actually needed, due to socialism-phobia of Americans.

when Jingthing is right, he is right! the healthcare situation in the Greatest Nation on Earth™ is still a deplorable joke. that applies especially to the >40 million Americans who until now could not afford reasonable care at reasonable rates.

British friends! please do not come up and complain about the sh*tty system you have on your remote and foggy island :lol: send your experts to continental Europe to be taught what a proper health care system looks like. it's not all gold that shines in Europe and adjustments are applied all the time to reduce the system's exploitation.

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Whom? Why true American patriots of course.

One if by land, and two if by sea;

And I on the opposite shore will be,

Ready to ride and spread the alarm

Through every Middlesex village and farm,

For the country folk to be up and to arm.

... after, of course, I switch planes at Narita.

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I don't know much about finance but what happens when the largest consumer economy in the world can no longer afford Asia's exports? Then when Asia's demand for raw materials from Africa/South America drops that will effect buying power of those countries (and Australia). Weakening their buying power of Asian exports. Will this not cause an eventual correction or just another recession?

Soros has some thoughts about this. He believes China is now the driving force globally but because overall the current Chinese economic power is smaller than the historic power of the USA consumer (now greatly diminished) that this simply means much slower global growth for a very long time.

Soros also bet against the baht using the Stronger USD in 1997 crashing the Asian economy with speculative trading of the 2 currencies. Looks like Soros and the Gang are getting ready to do the same thing with Yuan vers the Dollar. So thats why you see him now calling for China to raise the value on the Yaun 20% in 2 years. They are preparing to crash the dollar. That is treason Soros should be in fuc_king jail right now. and some idiot thinks thats just great because he can buy a fuc_king house in Florida with Baht and save a few thousand.

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Soros also bet against the baht using the Stronger USD in 1997 crashing the Asian economy with speculative trading of the 2 currencies. Looks like Soros and the Gang are getting ready to do the same thing with Yuan vers the Dollar. So thats why you see him now calling for China to raise the value on the Yaun 20% in 2 years. They are preparing to crash the dollar. That is treason Soros should be in fuc_king jail right now. and some idiot thinks thats just great because he can buy a fuc_king house in Florida with Baht and save a few thousand.

And another question about this guy ? How can he at the same time

justify bankrolling communist organisations ? :blink:

GEORGE SOROS-FUNDED COMMUNIST ORGANIZATIONS

http://ccrofnyblog.wordpress.com/2010/09/15/george-soros-funded-communist-organizations-and-undermining-america/

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Soros also bet against the baht using the Stronger USD in 1997 crashing the Asian economy with speculative trading of the 2 currencies. Looks like Soros and the Gang are getting ready to do the same thing with Yuan vers the Dollar.

the chinese currency can't be touched as long it is not freely convertible and it's up to the Chinese when they let CNY float. Soros made a killing with the British Pound in 1992 but only peanuts with Thai Baht. in 1997 he also tried to attack Malaysian Ringgit but Mahathir stopped him. last not least Soros incurred huge losses with his Russia bets in 1998.

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I feel Obama has an ideology but the trouble is he hasn't been able to implement it fully. For example, health reform was half baked and is a mess. They should have gone MUCH FURTHER towards a universal Canadian style system and I am certain that is also Obama's ideal, but being a practical man he didn't push for what was actually needed, due to socialism-phobia of Americans.

when Jingthing is right, he is right! the healthcare situation in the Greatest Nation on Earth™ is still a deplorable joke. that applies especially to the >40 million Americans who until now could not afford reasonable care at reasonable rates.

You are kidding when you refer to the USA as the "Greatest Nation on Earth" aren't you? At least say that you are talking in the past tense. The country is going down faster than the Titanic and causing serious waves for other countries so why not call it what it actually is. The "Greatest Nation Headed for Failure on Earth". That would be much more accurate.

I also don't understand your comment referencing the healthcare system. On one hand you call it a deplorable joke (not sure I would use the word joke but deplorable certainly applies) and then you state 40 million Americans "who until now could not afford reasonable care at reasonable rates." Are you saying those 40 million Americans now have affordable health care?

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I'm thinking of putting some money in the SET Index fund as it just keeps rising and rising, and I read today from the Nation that That economy growth is expected to continue at over 7%.

Any thoughts from people in the know?

I like index funds as they are less riskier than individual company stocks.

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I'm thinking of putting some money in the SET Index fund as it just keeps rising and rising,

Somebody check to see if Luke is in the bellhopping, shoe shining, or hairdressing business. We may just have an indicator here. :)

Regards.

Somebody check to see if there is any toilet paper around. We may just have an as_shole here.

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Thats great! As there are some people that hold Thai assets in the form of real estate, cash and stocks, and have spouses that get paid in Thai baht. I always tell my friends, if you LIVE here, you should have a good portion of your assets here. Does that not make sense??

No, because there is another maxim: never expect to see any return from what you spend/invest out here.

Condos eventually fall in to dust, having soaked up a lot of management fees and you share the land rights with hundreds of other pie in the sky-ers.

Houses can never be owned. I have been there you can get some of your money back after an expensive battle.

Probably cash held in banks, bonds is safe though, probably!!

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I'm thinking of putting some money in the SET Index fund as it just keeps rising and rising, and I read today from the Nation that That economy growth is expected to continue at over 7%.

Any thoughts from people in the know?

I like index funds as they are less riskier than individual company stocks.

Normally an index fund would be less risky- but in Thailands case the SET has increased massively since January and a correction is expected this year or early next so now is not a good time for an index fund. I would say go for individual stocks - its a day/week trader market now- lots of people making v.good returns since January e.g. 10-35% return not too uncommon.

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I feel Obama has an ideology but the trouble is he hasn't been able to implement it fully. For example, health reform was half baked and is a mess. They should have gone MUCH FURTHER towards a universal Canadian style system and I am certain that is also Obama's ideal, but being a practical man he didn't push for what was actually needed, due to socialism-phobia of Americans.

when Jingthing is right, he is right! the healthcare situation in the Greatest Nation on Earth™ is still a deplorable joke. that applies especially to the >40 million Americans who until now could not afford reasonable care at reasonable rates.

You are kidding when you refer to the USA as the "Greatest Nation on Earth" aren't you? At least say that you are talking in the past tense. The country is going down faster than the Titanic and causing serious waves for other countries so why not call it what it actually is. The "Greatest Nation Headed for Failure on Earth". That would be much more accurate.

I also don't understand your comment referencing the healthcare system. On one hand you call it a deplorable joke (not sure I would use the word joke but deplorable certainly applies) and then you state 40 million Americans "who until now could not afford reasonable care at reasonable rates." Are you saying those 40 million Americans now have affordable health care?

i humbly apologise and ask to apply mitigating circumstances for the simple reason that english is my third language. using "could" instead of "can" was a mistake and of course my sentence should read "who until now can not afford reasonable care at reasonable rates".

as far as the expression "Greatest Nation of Earth™" is concerned i confess that i borrowed it from FAUX News. however, my addition should make it clear that i used it tongue in cheek.

:jap:

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as far as the expression "Greatest Nation of Earth™" is concerned i confess that i borrowed it from FAUX News.

After getting UBC in im stuck with extreme left wing propaganda channels CNN and BBC, at least FOX offers the occasional decent debate and tells it how it is in regards to the America debt.

This website sums up the BEEB.

http://biased-bbc.blogspot.com/

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as far as the expression "Greatest Nation of Earth™" is concerned i confess that i borrowed it from FAUX News.

After getting UBC in im stuck with extreme left wing propaganda channels CNN and BBC, at least FOX offers the occasional decent debate and tells it how it is in regards to the America debt.

This website sums up the BEEB.

http://biased-bbc.blogspot.com/

to each his own. i've been told that millions of people like the rubbish Bill O'Reilly and Sean Hannity present.

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Bunch of chicken littles here. Make your bets on gold then, suckers.

Hmmm... gold up over 26% in the last 12 months.

hmmm... hundreds of assets up 50% in the last 12 months and 300-500% in the last 18 months.

Care to name the asset you predict will most likely out-perform gold over the next 12-18 months?

Edited by teatree
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Bunch of chicken littles here. Make your bets on gold then, suckers.

Hmmm... gold up over 26% in the last 12 months.

hmmm... hundreds of assets up 50% in the last 12 months and 300-500% in the last 18 months.

one year ago one ounce of fine gold 34.650 Baht, today 40,410 Baht. hmmm... :ph34r:

One year ago 34,650B bought you $1034, today the same amount will buy you $1158. 40,410B today will buy you $1350.

Let's work it out shall we?

Baht is at a a 13 year high V the dollar

International price of gold is in USD

A huge part of gold's rise is due to the plummeting USD

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Bunch of chicken littles here. Make your bets on gold then, suckers.

Hmmm... gold up over 26% in the last 12 months.

hmmm... hundreds of assets up 50% in the last 12 months and 300-500% in the last 18 months.

Care to name the asset you predict will most likely out-perform gold over the next 12-18 months?

unlike goldbugs who forecast since 30 years gold will be sky high (any time from now) i am not a prophet and stick to facts and tangible evidence. fact is that even a Micky Mouse stock market, denominated in Thai Baht like the SET, has outperformed gold by far in the last 12 months.

post-35218-043246100 1286853144_thumb.jp

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One year ago 34,650B bought you $1034, today the same amount will buy you $1158. 40,410B today will buy you $1350.

Let's work it out shall we? Baht is at a a 13 year high V the dollar International price of gold is in USD

A huge part of gold's rise is due to the plummeting USD

what is there to work out? and why stating obvious facts which every investor is (or should be) aware of? :huh:

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The THB at a 13-year high compared to the USD? That's impossible! According to the predictions in the "financial crisis" forum, the Thai government spent 100 million THB to strengthen the baht and, now that they can't support the THB anymore, the THB will collapse, and should be 60THB/USD right about now. Dang, I guess that prediction was as accurate as the "China's economy will crash and burn in 2010", and "California Wow Experience would declare bankruptcy in 2010" predictions.

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The THB at a 13-year high compared to the USD? That's impossible! According to the predictions in the "financial crisis" forum, the Thai government spent 100 million THB to strengthen the baht and, now that they can't support the THB anymore, the THB will collapse, and should be 60THB/USD right about now. Dang, I guess that prediction was as accurate as the "China's economy will crash and burn in 2010", and "California Wow Experience would declare bankruptcy in 2010" predictions.

nobody ever wrote that kind of bullshite in "financial crisis"! <_<

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unlike goldbugs who forecast since 30 years gold will be sky high (any time from now) i am not a prophet and stick to facts and tangible evidence. fact is that even a Micky Mouse stock market, denominated in Thai Baht like the SET, has outperformed gold by far in the last 12 months.

I gave you a chance to put your money where your mouth is but all you can do is look back retrospectively and point out stocks that may have out-performed gold in the last year. A 10 year old can do that. The difficult bit is moving in before they go up and choosing a stock that doesn't go down.

I believe gold will increase significantly over the next 12 months, I challenge you to pick a stock on the SET that will out-perform gold. If you can't do that, why bother mentioning that the SET may have out-performed gold in the last 12 months?

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unlike goldbugs who forecast since 30 years gold will be sky high (any time from now) i am not a prophet and stick to facts and tangible evidence. fact is that even a Micky Mouse stock market, denominated in Thai Baht like the SET, has outperformed gold by far in the last 12 months.

I gave you a chance to put your money where your mouth is but all you can do is look back retrospectively and point out stocks that may have out-performed gold in the last year. A 10 year old can do that. The difficult bit is moving in before they go up and choosing a stock that doesn't go down.

I believe gold will increase significantly over the next 12 months, I challenge you to pick a stock on the SET that will out-perform gold. If you can't do that, why bother mentioning that the SET may have out-performed gold in the last 12 months?

may i humbly suggest that you can shove your chance where the moon doesn't shine? besides, i couldn't care less what you believe and i have no idea what the SET or any stock at any exchange will do in the future. that is the reason why i -quoting myself- "stick to facts and tangible evidence" and refrain from acting like a prophet.

that the SET outperformed gold during the last 12 months is a fact and i mentioned it because another poster mentioned -quote- "Hmmm... gold up over 26% in the last 12 months". if you don't like facts, don't read my postings and if that is too boring perhaps you consider throwing small stones at little old ladies passing by your house (assuming you have a house).

and now back to business. this thread is about the strong Baht, a rather weak Dollar and an opening poster who wants to vomit.

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