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Srikcir

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About Srikcir

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  1. Srikcir

    Dollar falls broadly on Trump's currency comments

    Trump's trillion dollar debt funding the tax break was to be paid from a new 5%+ GDP growth rate at a time of almost full employment that in itself would result in inflation. Meanwhile, Trump endangers economic growth with his tariff wars. There's no limit to his ridiculousness. But Trump is only encouraged by his senior economic advisor Kudlow: “My hope is that the [Federal Reserve] under its new management understands that more people working and faster economic growth do not cause inflation,” That's new management appointed by Trump. Versus: Macroeconomic theory followed by most Fed policymakers suggests that typically, faster economic growth and lower unemployment boost inflation. https://www.ft.com/content/a192dd42-7b96-11e8-bc55-50daf11b720d
  2. Will Trump be sending Rouhani a video extolling his leadership skills and his love for his people as Trump did with North Korea leader Kim Jung-on? Or does Iran need to get nuclear weapons first before achieving respect from Trump as Kim did?
  3. Srikcir

    Trump warns Iran to never threaten U.S.

    So you favor a communist North Korea regime? Yet, Trump slams Communist Cuba and criticizes Obama for re-engagement with the Castro regime. That's the problem being with Trump on any foreign policy - they're arbitrary, lack sense and consistency towards any overall political strategy.
  4. Srikcir

    Baht expected to strengthen by year-end

    Isn't it the less baht per dollar means strengthening (the dollar buys less) and the more baht to the dollar means weakening (the dollar buys more)? For example, if the baht was on parity with the USD (1 baht = 1 USD) the baht would be very, very strong. For exports a country doesn't want a strengthening of its currency because as imports to a foreign nation the products become more expensive and presumably less in demand at the retail level.
  5. Best hope is that Trump confuses Thailand with Taiwan with whom he seems to be very amiable.
  6. Size isn't everything. Even Trump knows that. Japan is half the size of Texas. Singapore is about four times larger than Washington D.C. California with the world's 5th largest economy is twice the size of the UK.
  7. The kids were led to and into the caves by the coach. But there seems little interest by authorities to hold the coach and head coach (who only knew the coach was taking the kids somewhere for a team building exercise) accountable.
  8. And the US is free to prosecute. §30121. Contributions and donations by foreign nationals (a) Prohibition It shall be unlawful for- (1) a foreign national, directly or indirectly, to make- (A) a contribution or donation of money or other thing of value, or to make an express or implied promise to make a contribution or donation, in connection with a Federal, State, or local election; (B) a contribution or donation to a committee of a political party; or (C) an expenditure, independent expenditure, or disbursement for an electioneering communication (within the meaning of section 30104(f)(3) of this title); or (2) a person to solicit, accept, or receive a contribution or donation described in subparagraph (A) or (B) of paragraph (1) from a foreign national. http://uscode.house.gov/view.xhtml?req=(title:52 section:30121 edition:prelim) The Foreign Agents Registration Act (FARA) is a United States law passed in 1938 requiring that agents representing the interests of foreign powers in a "political or quasi-political capacity" disclose their relationship with the foreign government and information about related activities and finances. https://en.wikipedia.org/wiki/Foreign_Agents_Registration_Act Failure to register is a crime.
  9. It was legal. New York is a one-state consent for phone calls except for commercial sales calls. Whether client privilege can be claimed is an issue - how can Trump claim CP if the recording was unknown? Some might argue that such a recording was the same as attorney notes taken by a client's attorney during a meeting with the client that could (conditional as not all conversations between a client and attorney are allowed client privilege, ie., conspiracy to commit a crime) qualify as client privilege. But apparently Trump's attorneys released that recording as some speculate because it exculpates Trump. However, that action might then allow the prosecution to claim that such a waiver then applies to all such tapes between Trump and Cohen regardless of Trump's perceived innocence or guilt at any crimes.
  10. It's not 500% tariff but a 10% tariff on $500 billion worth of Chinese products. That's likely not enough to stop American consumers from still purchasing Chinese goods but still low enough not to shift manufacturing those same products in the US anytime in the near future. But the tariffs will be high enough to diminish American purchasing power and cause inflation. The FED just recently raised its benchmark short-term interest rate a quarter percentage point and indicated that two more increases are likely this year. The move pushed the funds rate target to 1.75% to 2% to slow inflation. https://www.cnbc.com/2018/06/13/fed-hikes-rate-by-a-quarter-point.html Trump ripped the FED for this and planned rate increases. “I don’t like all of this work that we’re putting into the economy and then I see rates going up,” “Chinese currency was dropping like a rock” and the strong U.S. dollar “puts us at a disadvantage.” https://www.reuters.com/article/us-usa-trump-fed/trump-criticizes-federal-reserve-interest-rate-policy-despite-strong-economy-idUSKBN1K92KC Wait until Trump sees the next two FED rate increases. While the FED is trying to remove economic fuel that is overheating the economy, Trump's economic policies if continued will add more fuel to economic inflation. In the meantime if China's currency is indeed "dropping like a rock," it can find willing substitute buyers in places like the EU, South America and Africa. Then who wins Trump's tariff war?
  11. For teachers For farmers No equality between teachers and farmers.
  12. Say the bridge would be part of a high speed rail connection with Bangkok and you'll get it. Prayut uses Article 44 to establish economic corridors because of public resistance. Sorry, but your willingness for a special economic zone just killed the project for government support. You have to use reverse psychology with Prayut. Demand that the district be allowed to plan its own economic future and you'll get Prayut's attention.
  13. Just imagine all the additional traffic accidents with traffic lights out. Oh, wait, probably not.
  14. Who the h*ll is the public relations office making any warning to possible commitment of a crime? They have no legal or law enforcement authority. It seems the militancy of Prayut has become so embedded within the Thai government that every government official feels the absolute power to dictate the People, no matter how low or insignificant their position.
  15. I thought I had heard the same comment. But I couldn't find any confirmation about such a call or any call from the White House to Coats just prior to his interview. Such alleged call was not mentioned by any major news media. Even if Coats had such a call I'm not sure what "talked to Washington" means. Not the "White House," not the President's Office, etc. Of course "Washington" is the center of US government agencies including Coats' own office and headquarters for the US intelligence agencies. If Coats did get a call from the White House, I'd expect him to say so. I do agree that Coats was set up to check his loyalty to Trump by Trump's surprise announcement while Coats was on stage. Immediately afterwards Trump's senior advisors called for Coats to resign. For too quickly to not have been planned in advanced.
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