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Wednesday, May 15, 2024

Random Thoughts: RCEP, Thai Banks, Shots, CPI, Collum, Wien, Insurance, DTAC/True

Rant time – nothing clever below, just imagine that I’m that fellow at the pub whose mouth is full of fries and beers, standing up with my mouth full and muttering nonsense.

My favourite new insult is “you are, how can I call it, a small cat”  (go google it) and I’ll use it from time to time here.

I would still like to enact this torture scene on Anutin (a small cat) and Friends.

RCEP

https://www.bangkokpost.com/business/2240583/rcep-begins-as-smes-hold-breath

Thailand is vassal state for China at the moment and a net importer. Just look at the below.

You can go through the RCEP (https://rcepsec.org/) and go through the legal text, my main takeaway is that this is a pro China business FTA that is going to absolutely hurt countries like Thailand. Just watch for the state SOEs from China come in and do very well here. But hey it’s…

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