GAZZPA Posted November 1, 2015 Share Posted November 1, 2015 Is this going to form any part of the elusive political reforms? PM, how are the reforms coming along? Any work done on the reforms today? Link to comment Share on other sites More sharing options...
johnklinrak Posted November 1, 2015 Share Posted November 1, 2015 In the picture to the left isn't that the Bamboo Bridge that collapsed the other day ? An unfortunate choice of symbolism. Perhaps it is a warning of the impending collapse of the Thai banking system. Link to comment Share on other sites More sharing options...
springheeled jack Posted November 1, 2015 Share Posted November 1, 2015 what is thainess basically its a live for today attitude something which the pm obviously hasn't thought about to get people to start saving money means changing peoples attitudes that would mean changing thainess. Link to comment Share on other sites More sharing options...
martijn12345 Posted November 1, 2015 Share Posted November 1, 2015 There must be some kind of mistake. I am sure if you take a better look there will be some Burmese workers who are clearly the real criminals here. Link to comment Share on other sites More sharing options...
ratcatcher Posted November 1, 2015 Share Posted November 1, 2015 Given how hard life is for so many people, I am surprised to read that 59% actually have savings at all and that as many as 44% are capable, to some degree or other, of saving for their old age. It is sad, though, to learn that an unusually rich politician is telling the poor to save. 'It is sad, though, to learn that an unusually rich politician is telling the poor to save." It's even sadder that a few years ago an unusually rich politician was telling the poor he'd make them all rich within six months . Link to comment Share on other sites More sharing options...
trainman34014 Posted November 1, 2015 Share Posted November 1, 2015 I would like this man to walk around some of our local Village's 'explaining' to the people that they should save for their old age. Somehow i doubt he would reach the end of the tour alive but, if he did he may have learned something about how millions of people live hand to mouth on a daily basis in this country because he obviously knows diddly <deleted> about how it is outside of his Ivory Tower. Link to comment Share on other sites More sharing options...
Ks45672 Posted November 1, 2015 Share Posted November 1, 2015 Given how hard life is for so many people, I am surprised to read that 59% actually have savings at all and that as many as 44% are capable, to some degree or other, of saving for their old age. It is sad, though, to learn that an unusually rich politician is telling the poor to save. 'It is sad, though, to learn that an unusually rich politician is telling the poor to save."It's even sadder that a few years ago an unusually rich politician was telling the poor he'd make them all rich within six months . The saddest part is they believed him... And voted him into the bosses chair... And he went on to steal all the cash.... And they are still too stupid to realise that and many would vote for him again given the chance. That's really sad... Link to comment Share on other sites More sharing options...
Krataiboy Posted November 1, 2015 Share Posted November 1, 2015 Thais only live for the day and moment. Poor people generally do. And most Thais are poor. Link to comment Share on other sites More sharing options...
biggles45 Posted November 1, 2015 Share Posted November 1, 2015 There s constant talk about Thai Culture ! Has anyone actually set out what these aspects of thai culture are that everyone talks about being eager to preserve? Link to comment Share on other sites More sharing options...
carlyai Posted November 1, 2015 Share Posted November 1, 2015 this man is a complete baffoon, guess when you have 500 Billion baht saving is not a problem, i remember when he was a hired killer (Army) and he banned one of thailand most famous meal Krapow Moo because HE didnt like the smell What a lot of crap. Do you actually live in Thailand at the moment. Link to comment Share on other sites More sharing options...
Thaidream Posted November 1, 2015 Share Posted November 1, 2015 Most Thais are definitely poor. they have no hope that their life is going to be better and that is why they turn to alcohol and drugs to try and make it through the night until the next day when the cycle begins again. Thais are just like us- they want their life to have some meaning and want their children to have opportunity and their lives to be better. Take away all hope and you get a decaying society. The Thai psyche somehow keeps things fairly orderly. That is why Thaksin was so popular. He provided some hope although his hope was based upon lies and a false sense that he was going to take care of the people when they were down.In addition, the Red Shirt movement offered some hope that they could change the dynamic.Both were false prophets. I know the Prime Minster would like to see Thais change their mindset and save for the future, but it is impossible. There is no difference between poor Thais and poor Americans. When you lose hope- you live for today because for them -there is no tomorrow The saying 'eat , drink and be merry, for tomorrow you may die' is what keeps the poor going. If Thailand really wants to help the poor- they must stop the rampant corruption in which 30%-some estimate is stolen. In addition, the government must use its resources to help the poor.Investment must spread to Issan through government tax incentives for foreign companies to relocate, Bangkok, Samut Prakon; Chinburi and Rayong are the last places the government should allow a foreign company to relocate. The problem in Thailand just like in the West is greed. Those that have it don't want to relinquish their hold. The clock is ticking- because there are a lot more of the poor than their are the rich both in Thailand and the West. If the General can at least acknowledge this then maybe there is some hope. Link to comment Share on other sites More sharing options...
sawadee1947 Posted November 1, 2015 Share Posted November 1, 2015 56 percent are incapable of saving for use in their old ages while 52 percent of the aging people admit they cannot depend on themselves. High time to introduce a pension scheme, my soldier....! Link to comment Share on other sites More sharing options...
louse1953 Posted November 1, 2015 Share Posted November 1, 2015 "Prime Minister Prayut Chan-ocha urges Thai people to start saving and to make savings a Thai culture." A bit out of touch with the commoners whose choice would be to spend their earnings on food and shelter or starve and save that money. Not everyone has the ability or opportunity to be the part of Thai Culture that shakes down motorists and business owners for enough money to save. Of course, I doubt they would give up that other part of Thai Culture which takes up a big chunk of their income...the Mia Noi. Food and shelter? What I have seen is booze and gaming upon receiving their pay, both parents... Don't know where you live,but it's not like that where i live,nor in villages close by.Sure,there are a few lao khao pissheads,but they're dying off. Link to comment Share on other sites More sharing options...
louse1953 Posted November 1, 2015 Share Posted November 1, 2015 Most of the Thais live on credit and have not got the money to save. this guy lives in a differenht world Just like the west,eh. Link to comment Share on other sites More sharing options...
wow64 Posted November 1, 2015 Share Posted November 1, 2015 Good advice PM everyone should save money.... This has just resolved the financial problems of the poor. Link to comment Share on other sites More sharing options...
Thaidream Posted November 1, 2015 Share Posted November 1, 2015 What the World needs now are great leaders such as we had during the era of World War II. Leaders like Churchill, Roosevelt and others who rallied-their people through their rhetoric and dynamic programs that gave people hope. Thailand is severely lacking this dynamism. They need a leader who can say to the people I hear you, I am with you and I can help you. then offer specific programs that can actually lead to some improvement in daily lives. It is a form of populism and that is why Thaksin was so good at. His error was that he tried to take too much of the pot for himself and change Thai culture because he became too enamored with his own importance. As long as the military has a say- that will never be allowed. Thailand like the West has a dearth of talent. Link to comment Share on other sites More sharing options...
louse1953 Posted November 1, 2015 Share Posted November 1, 2015 this man is a complete baffoon, guess when you have 500 Billion baht saving is not a problem, i remember when he was a hired killer (Army) and he banned one of thailand most famous meal Krapow Moo because HE didnt like the smell Not many buffoons have huge savings, but are you sure that he has savings of 500 BILLION. After a while, it all becomes just a load of zeros. Million, billion, trillion, zillion........... I suggest he's closer to B600 million. He done really well to save up that amount of money on a Soldiers pay likewise the Police Chiefs seem to have a great savings plan that accumulates hundreds of millions of Baht out of a Policeman's pay. He should just come clean on how he and all other Generals manage to amass such wealth as an example to the rest of the Thai population, maybe they can use the same savings plan as he did. How about land inheritence for starters. Link to comment Share on other sites More sharing options...
smutcakes Posted November 1, 2015 Share Posted November 1, 2015 I think many people here are missing the point of the PMs message. He wants people to join the new national savings fund, where the govt contributes into people's accounts too. Maybe all the TV members here saying the govt should do more don't know about this. I know my gf did not really know anything about it. The govt pays in from 50% to 100% of people's own contributions, depending on their age. So if people bought an average Samsung/Nokia phone instead of "having" to get a new iPhone every time they could save 15000 baht plus another 50-100% from the govt. That would add up over the years, but no Thai that I know can think that far ahead financially . The other day one person asked my how I retired early, she is middle class and fairly well educated, but she could not grasp the concept of me putting extra money into my superannuation so that I could finish work early. A bit of financial planning education in high school would not go astray. That just cannot be correct. Paying in from 50-100%? Seems wrong. Link to comment Share on other sites More sharing options...
Daniel Boon Posted November 1, 2015 Share Posted November 1, 2015 they barely have enough to feed themselves, let alone save anything Link to comment Share on other sites More sharing options...
johng Posted November 1, 2015 Share Posted November 1, 2015 He could give every Thai person 1 million baht ( from his personal fortune ) and still have over 500 million left........ would everyone be "happy" then ? And I would suggest you are either way off in your estimate of the Thai population or as financially illiterate as many Thais...He is worth around 600 million. Population of Thailand is approx 68 million. 600,000,000/68,000,000 = 8.82 baht each. I am sure everybody will be very happy on less than 9 baht! Ooops. Ha ha Yes I'll go stand in the corner with the dunce's hat on. Link to comment Share on other sites More sharing options...
soalbundy Posted November 1, 2015 Share Posted November 1, 2015 the hub of savers is next. Link to comment Share on other sites More sharing options...
louse1953 Posted November 1, 2015 Share Posted November 1, 2015 yes general and self-appointed "PM", we will all follow your example and through thriftiness save our way to become millionaires on our modest Thai salaries... I don't like people who are "preaching" like this Herr Goh-Hok... especially when they do not have an actual solution which makes sure that people have pensions in their old age, or universal coverage when they are sick, or free education, or, .... almost anything else that benefits the broader society and not only the wealthiest elites and their military muscle... They do have a pension,but it ain't much.Starting at 500 baht/month when your 60,and going up as you get older.30 baht for hospital and nearly free education until 16. Link to comment Share on other sites More sharing options...
Ks45672 Posted November 1, 2015 Share Posted November 1, 2015 they barely have enough to feed themselves, let alone save anything Many of them have enough to buy new pickups, motorcycles and iPhones Of course there are many poor, but Also a lot of irresponsible spenders Who will get into debts they can never Repay to get the latest thing They have no idea of the concept of saving the yearly bonus from work if they can buy something cool with it Education will take generations, prayuth or anyone else couldn't fix this problem even when they're giving away free money as subsidies every year to the "poor" farmers and illegal fishermen Link to comment Share on other sites More sharing options...
dcutman Posted November 1, 2015 Share Posted November 1, 2015 (edited) I think many people here are missing the point of the PMs message. He wants people to join the new national savings fund, where the govt contributes into people's accounts too. Maybe all the TV members here saying the govt should do more don't know about this. I know my gf did not really know anything about it. The govt pays in from 50% to 100% of people's own contributions, depending on their age. So if people bought an average Samsung/Nokia phone instead of "having" to get a new iPhone every time they could save 15000 baht plus another 50-100% from the govt. That would add up over the years, but no Thai that I know can think that far ahead financially . The other day one person asked my how I retired early, she is middle class and fairly well educated, but she could not grasp the concept of me putting extra money into my superannuation so that I could finish work early. A bit of financial planning education in high school would not go astray. I think a big problem is, at least for the last several years, the govt have been pounding people to spend spend spend. Even borrow to spend. Spend spend spend is being pushed to this very day. The govt has set up and financed billions for people to barrow, to spend. Now today he says save your money. It does get a bit confusing, does it not? Edited November 1, 2015 by dcutman Link to comment Share on other sites More sharing options...
louse1953 Posted November 1, 2015 Share Posted November 1, 2015 What the World needs now are great leaders such as we had during the era of World War II. Leaders like Churchill, Roosevelt and others who rallied-their people through their rhetoric and dynamic programs that gave people hope. Thailand is severely lacking this dynamism. They need a leader who can say to the people I hear you, I am with you and I can help you. then offer specific programs that can actually lead to some improvement in daily lives. It is a form of populism and that is why Thaksin was so good at. His error was that he tried to take too much of the pot for himself and change Thai culture because he became too enamored with his own importance. As long as the military has a say- that will never be allowed. Thailand like the West has a dearth of talent. I don't think it's that at all.The public has woken up to their bs,including your 2.It's the same propoganda from the lot of them,and when they are in,nothing changes.Small countries are beholding to big banks and big biz.USA does what it wants,who is gunna say stop.China is anotherbig player but has found the capitalistic world is not so easy.Europe is old.Sub continent is a basket case and the mid east is f...ed.We need a totally new way,but it wont come from this lot,or us.When things get desperate in another 50 years,on all manor of fronts,countries and people will have to work together,or they are doomed to a miserable life. Mean while i've had a good time. Link to comment Share on other sites More sharing options...
stickylies Posted November 1, 2015 Share Posted November 1, 2015 A real circus. Thailand. Excellent cure for My imminent winter depression. Lsd in tap water. Happiness of the people. 555 Link to comment Share on other sites More sharing options...
khaowong1 Posted November 1, 2015 Share Posted November 1, 2015 Save money? Link to comment Share on other sites More sharing options...
ravip Posted November 1, 2015 Share Posted November 1, 2015 What intelligent posts, extending even to call someone stupid - #14 I guess the views are from the lower end, after a beer too many. Link to comment Share on other sites More sharing options...
bangon04 Posted November 1, 2015 Share Posted November 1, 2015 What intelligent posts, extending even to call someone stupid - #14 I guess the views are from the lower end, after a beer too many. Whereas your stunning contribution to the debate has been completely stellar, insightful and a real pleasure to read...... congratulations. Link to comment Share on other sites More sharing options...
Whyamiandwhatamidoinghere Posted November 1, 2015 Share Posted November 1, 2015 (edited) Just put an end to the government and black lotteries. Then close all borders that have casinos. Then there would be significant savings opportunities. Edited November 1, 2015 by Whyamiandwhatamidoinghere Link to comment Share on other sites More sharing options...
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