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15
Thailand’s debt drive: Putting the brakes on cars and homes
Time for the banks to take a haircut. With credit card interest rates at 16%, the government should impose an interest rate reduction and forbid the credit cards from extending more credit to those unable to retire their debt. Banks have been profiting ruthlessly. And to those who say if banks reduce lending, loan sharks will move in, hit the loansharks hard. Confiscate assets, send them away for extended prison terms, and stop allowing payoffs when they are caught. -
396
Is Bitcoin going to zero?
The guy wanted to know why I would invest in gold rather than bitcoin, if I want to make more money. Gold is stable, bitcoin isn't. That's all I'm saying. If someone like Elon Musk would give a statement tomorrow, saying he doesn't trust bitcoin and sold all of it, bitcoin would crash over night. If you want to invest your money in something that can be manipulated that easily by just one person then go for it. Yeah, you can lose money in real estate, but the chances of that happening, if you ibuy houses or condos you can rent out are very slim. -
49
Trump - just what does he have to do for his supporters to question their allegiance?
I notice you don't try to support your delusion that the Earth is warming naturally. -
4
Maxim Ride App Drivers
We can't be too judgemental ,they have to maximise their profit Personally I always walk to them when I see them stopped on a map somewhere I caught one earlier this year parked up waiting for me to cancel so he could get the cancellation fee A quick tap on the window and fly zipper down and Raji was off -
18
American arrested for alleged sexual assault of Chinese woman
She would need to go to a hospital ASAP after the alleged incident took place where they use a "rape kit" to collect samples of foreign bodily fluids which would then need to be matched through DNA with the suspect. No need to be deceased. They would also document any physical abuse through photographs taken. -
10
Surprise Surge: Thai Economy Outperforms Expectations with 3% Growth
Yes, Thailand could do better, but in comparison to the rest of the world it is doing fine. Thailand cannot control macroeconomic conditions that are working against the economy. It is no secret that the global demand for Thai goods and services is weak. With the exception of some product lines like petroleum, it is like that all over the world. Thailand is an export economy. Thailand's key trade partners like the USA are erecting trade barriers with more to come (e.g. tariffs in the USA). The forum has had multiple articles on the problems of Thai consumer debt. saying it is too high. Thai consumers are struggling with household debt and cannot pick up the slack as Thai exports are negatively impacted. Thailand's problems are similar to those of Australia, Canada, USA etc. where consumers are locked into high credit card debt . (For example, if I look at the SCB Visa card; . Interest Rate for Cash Advance and Default Interest Rate for Purchase of Goods and Services are 16% per year) Banks through the Credit Card companies have allowed consumers to get trapped in debts that they can't support. Until the interest rates are capped, and credit pulled back, consumer debt can't be fixed. Until then, Thailand has to muddle along and content itself with a mediocre performance that keeps the country afloat. -
40
Taking Someone Home: Ever Reach Down and Get an Unexpected Surprise?
hey man, are you a flamer? are you gay? -
53
U.S. Senators Introduce Legislation to Counter UN Actions Against Israel
I’m not saying they’re innocent, but I highly doubt that bombing a hospital with patients still in it can be bombed because there’s a few terrorists hiding in there…
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