midas

In what ways would Thailand be affected economically if World War 3 starts?

70 posts in this topic

On 4/21/2017 at 3:25 PM, SpeakeasyThai said:

The question itself is redundant as we all will be nuked.

the good news is "no cost for cremation and/or funeral party".

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7 hours ago, F4UCorsair said:

 

Anything negative to say??

The OP question was, " In what ways would Thailand be affected economically if World War 3 starts?" I was being honest, and forthright, tell me it ain't so? To quote a famous American,  "We hold these truths to be self evident." NYSE gone, Chicago Mercantile gone, Worlds financial capital (London) gone, Moscow gone, etc.etc. Of course it's negative.

 

You want some good news, well, when confronted and fully understanding this potential for Mutually assured destruction, we can perhaps take a look around us and appreciate what we have 'today,' I think for most of us it's as close to paradise as we'll ever get. For me, I have a great family, far flung, yes, but they're all great people... I live well, nice condo, all I can eat, sometimes dodgy health, travel around the world, my Thai neighbours are great, I'm not thinking of jumping from the balcony, and I do it all on very little money... Go figure, so there's your positive. I can proudly say, "This, I/we will defend" 

 

 

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lol if ww3 was to really break out then the last thing any of us connected to Thailand would be interested in is Thai economics. We'd all be doing whatever was possible to fly back to our own countries ASAP leaving behind whatever was there

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On 4/24/2017 at 6:23 AM, F4UCorsair said:

This graph suggests otherwise, with 6/7 years above 3%, and three of those above 4%.  Of course, the GFC impacted heavily, but when you look at the Dow, it was 14,000 pre GFC, and is 21,000 now, there is some growth in there.

 

http://www.tradingeconomics.com/united-states/gdp-growth

 

Many countries would be happy with anything above 2%

 

Yes but there has only been a growth in DEBT not productivity

 

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ID: 67   Posted (edited)

9 hours ago, midas said:

 

Yes but there has only been a growth in DEBT not productivity

 

The link says "gdp-growth"!!   See the link for the definition of GDP.....please.    "P" for "product" (all the goods and services produced within the country's borders).   If product has increased, productivity has increased.

 

http://www.investopedia.com/terms/g/gdp.asp

 

Not worth engaging.

Edited by F4UCorsair

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On 4/27/2017 at 4:57 AM, F4UCorsair said:

The link says "gdp-growth"!!   See the link for the definition of GDP.....please.    "P" for "product" (all the goods and services produced within the country's borders).   If product has increased, productivity has increased.

 

http://www.investopedia.com/terms/g/gdp.asp

 

Not worth engaging.

 

" The link says "gdp-growth"!!   "

 

Lipstick on a pig...................

 

America’s future is bleak: While US economic growth has practically halted and productivity is shrinking, DEBT CONSUMPTION is up. Way up.

 

http://investmentwatchblog.com/americas-future-is-bleak-while-us-economic-growth-has-practically-halted-and-productivity-is-shrinking-debt-consumption-is-up-way-up/

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3 hours ago, midas said:

 

" The link says "gdp-growth"!!   "

 

Lipstick on a pig...................

 

America’s future is bleak: While US economic growth has practically halted and productivity is shrinking, DEBT CONSUMPTION is up. Way up.

 

http://investmentwatchblog.com/americas-future-is-bleak-while-us-economic-growth-has-practically-halted-and-productivity-is-shrinking-debt-consumption-is-up-way-up/

Productivity is NOT shrinking.  If the value of all goods and services (GDP) produced in a country is increasing, productivity is increasing.

 

Debt is another issue.

 

Never mind.

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ID: 70   Posted

On 4/21/2017 at 4:08 PM, fletchsmile said:

Economic impact would be low down on my list of priorities.

 

What could be highly amusing though is nuclear fallout rendering people's stashes of gold radioactive so that no-one wants to take it off you LOL

 

Similarly tin foil hats and cans of baked beans may not be all they're cracked up to be

 

 

I disagree! Cans of baked beans could become very valuable

 

Anonymous warns world to ‘prepare’ for World War 3

 

http://nypost.com/2017/05/08/anonymous-warns-world-to-prepare-for-world-war-3/

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