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40
Another Farang bully makes the news.
Awwwww, forgive me, princess... I usually reserve corrections for the truly dim-witted - though I can see why you'd take that personally.... -
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Tells loads about a mans mental state
I think Americans are more afraid of the young people now as leaders -
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Video Family of Thai Transwoman Thief Blames Mental Illness, Pledges Compensation
A "trans woman" is a term for a person who was assigned male at birth but who identifies as a woman. They may also be called a "transgender woman" or "trans female". Some trans women prefer to be simply called "women". The term "transwoman" is sometimes used, but it's important to note that some transgender people find this term to be negative or transphobic. -
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Manchild who is president of the US throws his pacificier out of the pram again.
Below copied from one of the regular e-mails I receive from the FT:- The last time a smartphone factory opened in the US, it closed within a year. In 2013, Motorola announced it wanted to challenge the conventional wisdom that manufacturing in the US was too expensive. But 12 months later, the facility in Fort Worth, Texas, was shut down because of disappointing sales and high costs. If Donald Trump has his way, Apple will be the next tech company to test the theory. The Trump administration wants the smartphone giant to have the iPhone manufactured in America instead of China, where most of them are currently made. “Remember the army of millions and millions of human beings screwing in little screws to make iPhones?” commerce secretary Howard Lutnick said in early April. “That kind of thing is going to come to America.” Supply chain experts believe that the Trump project would face the same problems as Motorola — indeed, some predict an iPhone could cost as much as $3,500 if fully assembled in the US. -
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Make America Great Again and the US Dollar as Small as Possible
In articles published by the Financial Times and other financial publications, authors highlight how the US Dollar just had its worst week "since President Donald Trump’s “liberation day” tariffs announcement rocked markets at the beginning of April." In the five days ending yesterday the US dollar lost over 2% of its value, 0.9 per cent on Friday alone, against a basket of peers including the euro, the yen and, crucially for our American friends living in Thailand, against the THB. This should not come as a surprise. Given the current administration fixation with the trade imbalance, and the tools available to rectify it, the safest way to achieve tangible results is to reduce the spending power of the American people. And what better way to reduce imports and boost exports if not the depreciation of the US dollar? As I posted before, the first Trump term saw the US Dollar lose a staggering 13 to 15% of its value against major currencies and a staggering 20% against the THB. But this second term is different because the decline in the value of the US dollar is happening faster and more dramatically than ever before. "“Lingering fears over the quality of US asset markets and the threat of de-dollarisation are continuing to weigh on the dollar,” said Chris Turner, global head of markets research at ING", writes the Financial Times. And "“Renewed investor concerns over the US fiscal outlook, alongside speculation that the Trump administration is seeking to weaken the dollar in discussions with other countries, have contributed to the sell-off,” said Lee Hardman, senior currency analyst at banking group MUFG.". Concluding by writing "Analysts at RBC BlueBay Asset Management said they expected the dollar weakening to continue as investors look to hedge their exposure to the greenback in the short term and rethink a “structural overallocation” to the US in the longer term." And while our American friends in Thailand prepare for a future of belt-tightening, there’s bad news for our Americans friends back home too. With 20- and 30-year treasuries interest rate exceeding the 5% mark for the first time in 18 years and with a total value of outstanding US Treasury securities of $27.089 trillion, a 0.1% change in the interest rate costs the American taxpayers a staggering $27.1 billion. Soon however, Americans will start assembling the popular iPhones locally and, who knows, maybe exports to Thailand, China and Vietnam will start too. Everything, in order to Make America Great Again. Dollar notches biggest weekly drop since tariffs sell-off over US debt fears (https://www.ft.com/content/04deb2ec-5bb1-4c7c-94bb-6f62582a0032).
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