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Hamosity

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About Hamosity

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    Where ever I hang my hat
  • Thailand Fave
    Hua Hin
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    Male

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  1. Maybe not a mis-translation. The army has its grubby fingers in most pies.
  2. So true...nothing changes. COVID and the response to it is just another opportunity to exploit.
  3. They can’t: all us lower class cheap Charlie’s can’t get in.
  4. Agree wholeheartedly. I won’t be parting with hard earned dosh to TG even if they manage to fully execute their plan to get out of bankruptcy. Plenty of alternative carriers. Up to you if you want to risk it for the convenience of a non stop flight (for those who are in reach of a direct flight).
  5. What goes around comes around. The return of the Middle Kingdom. The Century of Humiliation will be avenged!! Be afraid, be very afraid……Sleep well tonight
  6. Interesting comments from all with the technical knowledge and salty experience to contribute. I’m just here for the schadenfreude. Slim pickings at this point in time.
  7. I suspect, while there maybe nervous eyes cast northward, most Thai Banks will be more concerned with their own credit house of cards.
  8. Well of course this thread is going to have a “Western” spin since the majority(?) of members/posters hark in one shape or form/generation from the “West”. Who amongst us can represent the “Eastern” POV. Maybe there is an economic Sinologist on the TT. (Is that you Rudders??)
  9. I thought the sandbox was a “success”. Obviously the few tourist just didn’t generate enough brown envelopes.
  10. They had a long way to go after all.
  11. While the arm-chair macro economists slug it out, this earlier post by Poolie raised a wry smile. "most analysts agreed China would ensure home buyers and investors would be protected. The Chinese Central Bank also promised it would help ring-fence any local-level banking crisis. But what about Evergrande's offshore debt tentacles? Bloomberg's David Qu is watching developments closely and says there's little risk of an Evergrande collapse triggering a global financial crisis. "Overseas investors' exposure to Evergrande is limited," Qu says. Investors that are exposed, though, are expected to receive a significant so-called "haircut" on their investments." https://www.abc.net.au/news/2021-10-08/chinese-property-evergrande-collapse-damage-in-australia/100521564?utm_campaign=abc_news_web&utm_content=link&utm_medium=content_shared&utm_source=abc_news_web Let's not forget that China is (despite some window dressing) a command economy. In the remote event there is a default it won't derail the current (14th) Five-Year-Plan. Even Mao's disastrous "Great Leap Forward" was eventually sorted. Ideologically you can repudiate or accept the CCP's control of China and its economy. Up To You....like it or not if Evergrande collapses China won't.
  12. Agreed re: "Nomadland", great characterization from Frances McDormand but at 108 minutes way too long. Haven't seen "The Straight Story"
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