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Cake Monster
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Posts posted by Cake Monster
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5 hours ago, webfact said:
During his meeting in China, Sutin presented several proposals, keeping three factors in mind: the navy’s necessities, Thailand’s interests, and ensuring the over 7 billion baht spent on the submarine was not wasted.
Why would they have paid 7 Billion Baht for the Sub ? as a down payment.
Any procurement of this kind should have had a due diligence taken out upon it, which would have flagged up the fact that under EU Law, no parts or equipment manufactured in the EU are allowed to be used in anything manufactured in China for any kind of Military use
Gross incompetence
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On 4/1/2024 at 3:09 PM, Asquith Production said:
Just returned from a well known supermarket chain after having to jump over and push past trollys loaded with goods and trays of eggs on the floor with staff cross legged alongside them. It makes shopping very difficult and makes it impossible to look at or reach certain items. It does not seem to matter what time of day I go in their is always someone stocking shelves and causing a blockage. In other countries they have staff to resupply when the shop is closed. I realise that some products need to be restocked during the day but today every aisle had someone in it and the ones that did not had products causing a blockage.
Its not just shelf stocking that seems to be a daytime only activity
Are there any workers on the " important " constant roadworks that work during the night as not to disrupt traffic during the Day, or at least to minimize the disruption.
I think the introduction of night workers on these road works would speed the entire operation up no end
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2 hours ago, hotchilli said:
If it goes to oppressed people that need help it's fine... however if it's hijacked en-route and gets in the hands of the military then shame on Thailand.
I think there is a fair chance of the latter coming to fruition
Of course Thailand will say " we only supplied it and were not involved in its distribution "
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The mind duth boggle at the thought of a Thai and Nuclear mix
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+1 on the accounts
It is your legal right to be able to view the Accounts on a Monthly basis,
These Accounts are legally to be posted in a prominent position where they are able to be viewed without any kind of restrictions.
200K in debt ?
I dont know how you became aware of this , but the residents to start asking some serious questions of the Management Committee, and the Accounts would be a good place to start
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3 hours ago, Mr Meeseeks said:
Looks like a fly tipping area. No way they would be daft enough to have a landfill there.
You sure about that ?
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It really does not matter what Srettha says
The Tourists themselves will declare Chiang Mai and much of the North a Disaster Zone.
And along with that conclusion from them will be a massive decline in Tourism
People, no matter where they are from , hate being fed a load of Tosh
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2 hours ago, hotchilli said:It started long before that.
Thailand's Household Debt issues did indeed start way before Covid.
The occurrence of Covid did not cause a massive spike in borrowing
However, the Junta in charge did
They openly allowed the Financial Institutions to lend money that had a very high risk of default,
This was a policy that enabled the Economy to function without tanking.
Covid has long since finished, but the excuse is being used to cover the sheer incompetence of the previous Government.
The most scary part of all the Money borrowed is the fact that 80 % of it has been lent with little or no security upon it, unlike many other Countries that have high Household Debt that is secured against the likes of Property
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1 hour ago, hotchilli said:
Semi conductor is a lucrative business, not sure why USA would want Thailand involved in manufacturing with their close ties to China?
IP is precious in this feild.
As is integrity and morals
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The magical " Navy Lark " from the sixties comes back to real life in the Twenties
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10 hours ago, ikke1959 said:
Miraculous cured from the neck brace....Probably no high bloodpressure too, but has fun as all problems are solved... Sissy is coming back soon too
The neck brace has come off to allow him to swallow great mouthfuls of prime steak, and the arm support has now moved to his back !
He cannot even remember to put of the smoke and mirrors dressing correctly
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6 hours ago, webfact said:
This is reflected in the high rate of home loan refusals and car repossessions.
What numbers do " high rate " actually entail
I have seen figures that some 50 + % of people applying for Home Loans are rejected in the 3M value and less sector.
This being the largest sector of the Housing Market, there is trouble ahead
Also I seen published that some 250,000 + vehicles were repoed last year and the number is projected to be even worse this year.
And lets not forget, all these projections and numbers re bae on then Date of Financial Year End( End Sept ) last year.
This Trian Wreck has had another 5 full Months to gather speed , so the Debt to GDP could easily be in excess of 92 % of GDP now, and the repos and NPL could be through the roof.
There is also very little or no mention of " Special Mention Loans " - those that are over due by 30 - 90 Days in these reports, and these Loans are also starting to soar
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From languishing in a firm place near the bottom of World rankings last week to this head spinning achievement
Wow ! Amazing Thailand !
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Sure !
Some Travel is need for Business and Investment purposes as well as Diplomatic reasons
However Shretta seems to be a glorified Salesman on a mission to sell whatever he possibly can to keep his Country afloat
I am sure that other Countries dont need to peddle their wares in this fashion to attract Investment
Their track records and commitment to favourable 2 way relationships sell their own Investments
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20 hours ago, Bangkok Barry said:
No. And interesting info on the eye drops 'dosage'. Thanks.
I had Cataract Surgery only 3 weeks ago
Anesthetic used was drops which allowed me to return to normal within a matter of just an hour or so, and therefore could return home.
Injection Anesthetic takes longer to wear off - hence the possibility of an overnight Hospital stay.
I was given some Steroid+ Antibiotic combined drops to use when I left the Hospital, however they did not perform for me and upon my visit one week later, the pressure was over 20 so the drops were changed and after a further 7 days pressure was good
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5 hours ago, grain said:
"Lure" and "Hub" they just love using those 2 words 😆
These two words are only used because the English proficiency is so poor they are unable to spell either " Attract " or " Centre "
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Fitch, Moody's , S&P and others are starting to see through all the smoke, mirrors and BS that has been pumped out by the propaganda machine over the last few years
Early warning signs of a large correction about to take place me thinks
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16 hours ago, snoop1130 said:
As of the end of September 2023, Thailand registered one of the highest ratios of household debt in the region, standing at 16.2 trillion baht (US$451 billion) or 90.9% of the gross domestic product (GDP), reported Bangkok Post.
And there have been 5 further Moths since the published Data to today
I wonder what is the real number today ?
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Thailand has a high number of transient workers that will always follow the Money
I have noticed over the last six Months that their appears to be less people seeking employment in my area, as there is just not the work for them now in the Factories as there once was.
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In the World that most civilized people now live in, this kind of discrimination is nothing short of a disgrace.
Note to self
Never Fly Thai Viet Jet Airlines reason - they fail to meet modern ethical practices and standards
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20 hours ago, itsari said:
I remember a government Bank house loan the lady of the house once had the interest rate would raise to 30 percent when in arrears.
If that is normal I can well understand that the Thai borrowers are in a sticky situation when behind in there morgage payments.
The BOT day rate of 2.5% is probably the lowest rate in SE Asia
If ethical and responsible lending was applied instead of the current gouging employed by the Lenders there would be no problem.
With Household Debt regularly posted at over 16 Trillion Baht, the recently published numbers for current Debt outstanding is " special Mention " and NPl " in the region of 1.3 Trillion
That as a percentage is roughly 8.13 %
Why are figures of 2,5 % on bad debt seen published
Who are the Authorities trying to fool
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12 hours ago, scubascuba3 said:
It's fine most of the time, i do about 12k km a year
Untill this kind of thing happens
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Firstly, if repayments are 1-3 months late they are classed as " special mention Loans ", not full blown NPL
However, a very high percentage of these Loans will transform into NPL
Much, if not all of this Debt has to be placed firmly on the Shoulders of the lenders
These unscrupulous Lenders have lent money to people in the pursuit of Profits and Greed, knowing full well that there is little hope of ever seeing their Money back, and praying there will be a Government bail out to prevent another To Yam Gung Crisis of 1997
The vast majority of Thai people have very little or no Financial Nounce what-so- ever, and are easy targets
Their philosophy upon life is to live for Today only, and many do not change their lifetime habits of drinking and smoking and generally having a good time if they have the Money
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On 2/24/2024 at 4:36 PM, RobU said:
He was already a very wealthy man before he joined the RTP. His wife also comes from a wealthy family
That would explain it then
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Myanmar seeks permission to land aircraft in Tak
in Thailand News
Posted
There is every possibility that some of these " Senior Military " people will be wanted by the ICC for War Crimes.
Does Thailand wish to be seen aiding these monsters ?
It has also been reported that the flights were to also carry out " Important Documentation "