Single & Double Entry released at Vientinae Thai Embassy
-
Recently Browsing 0 members
- No registered users viewing this page.
-
Topics
-
-
Popular Contributors
-
Latest posts...
-
1
English to from Thai Mobile App?
I use Google translate, works well enough. -
98
World Now Knows POTUS is Both Weak and Dumb
Well, fella, you got two things wrong….. I did not predict a 25 year bear market. I predicted that the highs we saw in Dec-Jan will not be topped for 25 years. The difference might be too subtle for you, but I will try to educate you. Japan hit a high of 38,915.87 on 28 Dec 1989. Its bear market lasted until about 2009, around 7000 basis Nikkei, but it wasn’t until 2024 that the Nikkei beat the 1989 high. Get it? As for “only idiots” predict a 25 year bear market, in January of 1990, a kind of famous trader named Paul Tudor Jones predicted the Nikkei would be at least 25 years before breaching its Dec 1989 high. Paul was actually off by 10 years, as it took 35 years. With a net worth above $8 billion, which I’m going to bet tops yours, Paul must be a really lucky idiot. Generational highs occur when there is a perfect storm of negative conditions. Excess exuberance, excessive valuations, and a change in underlying economic fundamentals come together to create tops. Often there is also fraud involved. We certainly have the first three, though fraud tends to be revealed only after the fact. We also have oodles of stupidity in the persona of POTUS, who already changed the economic fundamentals to negative, as the GDP figure showed. He’s good at failure. I get a kick out of the outrage my prediction has caused the MAGAs here. So married to his self-claimed greatness, and so hopeful he can add some value to their lives, that anything that paints him in a negative light affects them deep in their psyche. I might turn out to be wrong---especially if Dems retake the Congress and stop POTUS’ madness---but the reaction I have seen is quite amusing. Thanks for the laughs. -
1
Non Imm O Retirement Extension - Jomtien
They are on here (Lamphun), if useful for Jomtien is anyone's guess..... https://lamphun.immigration.go.th/en/front-page-english/#onlineservice-2 -
17
Biden is still living rent-free inside Trump's head as Trump panics about recession
More like a bum gun. VERY useful and cleansing. Back after the election, those opposed to POTUS, myself included, predicted the guy would tank the market, tank the dollar and tank the economy, all while not lowering inflation. Check, check, check and check. It really isn’t any sort of prescience or a Nostradamus impersonation; it’s just knowing how incompetent POTUS is. His fans here chortled at our lack of belief in POTUS’s omniscience, but we were right. 100% right. POTUS took the booming Biden economy and sent it into negative territory in his first 100 days. That’s uncannily bad. He also will keep the Republican record alive of not a single R POTUS NOT presiding over the start of a Recession or worse, going all the way back to the 1860s. So bad is this POTUS, that it will only take him his first 2 quarters to achieve that ignominious record, as the definition of Recession is two straight quarters of negative growth. As his “policies” take hold, Q2 is a guarantee of negative. Also, prices rose more than even economists predicted, which means the other thing anti-MAGAs predicted: Stagflation. So weak is he, the Blame Biden is not at all unexpected. Let’s see….+2.8% growth in Q4 2024, and -.3% decline in Q1 2025…..a person has to be not just dumb, but MAGAdumb to believe it’s Biden’s fault. I suspect POTUS will branch out, spread the blame, and add Fed Chief Powell, maybe Obama, and maybe even Hillary. Of course, if GDP had been up, he’d be taking full credit. To deflect attention from his self-inflicted disaster, look for him to start a war. Maybe he chooses an easy win, as Reagan did with Grenada. That would put Panama in the crosshairs. I think he might choose to attack Iran, figuring it might galvanize the country behind him. It won’t. It will only make things worse, as Iran will be aided by China, and also sink ships in the Strait of Hormuz, sending the price of oil to $100 a barrel or higher and over $5/gallon at the pump. Iran using Chinese weapons will sink US carriers. Of course, he'll blame Biden for that mayhem, too. Elsewhere, I have said the stock market will not see a new high for 25 years. Some MAGAs don’t seem to understand what that means, as they think it means a 25 year bear market. No, it just means no new highs for 25 years. The bear market might end in a decade or less, especially if Dems retake both houses of Congress in 2026 and the White House in 2028. Dems always have to clean up Republican messes. Clinton did, Obama did and Biden did, as each inherited a Recession. To add some historical perspective, Japan peaked at 38,915.87 on 28 December 1989. It’s bear market lasted until around 2009, hitting a low of 7000 basis Nikkei. It began a recovery at that point, but did not set a new high for another 16 years, or 35 years from its 1989 peak. -
19
THAILAND LIVE Thailand Live Thursday 1 May 2025
Two Autistic Children Rescued After Crawling Hundreds of Metres Through Drainpipe Two autistic children were dramatically rescued from a storm drain in Chonburi province after they crawled inside from near their home and became trapped, prompting a desperate search by emergency services. Full story:https://aseannow.com/topic/1359379-two-autistic-children-rescued-after-crawling-hundreds-of-metres-through-drainpipe/ -
152
The US Debt Problem
No, Bill Clinton Didn’t Balance the Budget Many in the media have flubbed this story. The New York Times on October 1st said, “Clinton balances the budget.” Others have praised George Bush. Political analyst Bill Schneider declared on CNN that Bush is one of “the real heroes” for his willingness to raise taxes — and never mind read my lips. (Once upon a time, lying was something that was considered wrong in Washington, but under the last two presidents our standards have dropped.) In any case, crediting George Bush for the end of the deficit requires some nifty logical somersaults, since the deficit hit its Mount Everest peak of $290 billion in St. George’s last year in office. And 1993 — the year of the giant Clinton tax hike — was not the turning point in the deficit wars, either. In fact, in 1995, two years after that tax hike, the budget baseline submitted by the president’s own Office of Management and Budget and the nonpartisan Congressional Budget Office predicted $200 billion deficits for as far as the eye could see. The figure shows the Clinton deficit baseline. What changed this bleak outlook? Newt Gingrich and company — for all their faults — have received virtually no credit for balancing the budget. Yet today’s surplus is, in part, a byproduct of the GOP’s single-minded crusade to end 30 years of red ink. Arguably, Gingrich’s finest hour as Speaker came in March 1995 when he rallied the entire Republican House caucus behind the idea of eliminating the deficit within seven years. https://www.cato.org/commentary/no-bill-clinton-didnt-balance-budget
-
-
Popular in The Pub
-
.thumb.jpeg.d2d19a66404642fd9ff62d6262fd153e.jpeg)
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now