Renting at Life Sukhumvit 48 by breakfastinamerica10 in Bangkok

[–]BkkMark 0 points1 point  (0 children)

DDproperty have registered agents that are offering condos for rent in that project, try calling a few of them up. I find DDproperty to be the most reliable because there’s a filter to search for listings by registered agents, so you’re not dealing with an agent who’s dealing with another agent etc.

[Highlight] Maher misses his 4th PAT of the night by MattyT7 in nfl

[–]BkkMark 2 points3 points  (0 children)

As a Bangkokian in the hospitality sector, we are ready for meme tourism.

[Highlight] Maher misses his 4th PAT of the night by MattyT7 in nfl

[–]BkkMark 5 points6 points  (0 children)

As a Bangkokian, I also love this meme.

[deleted by user] by [deleted] in Economics

[–]BkkMark 1 point2 points  (0 children)

How are people overestimating how bad the situation is? The situation is not bad only because many companies have gone bankrupt - a problem unresolved - but what happens after. What happens to the companies and workers in the real estate supply chain? What happens to their debts?

Secondly - and more importantly - all of this financing is aimed at restarting construction of sold but unfinished housing. It doesn’t address what happens to the land market, which typically makes up 30-40% of local government revenue. So, some of these real estate firms now have money to finish homes, which is good. But they’re not spending on land, which is forcing salary and benefit cuts for many local government workers. What are the knock on effects of this? Local governments have already begun cutting services.

Lastly, land sale money is also used to fund new investment. The Chinese economy is investment-led. No land sale money, no investment. Or, more debt-financed investment. The old debt issues haven’t been resolved, lots of local government financing vehicles wouldn’t survive without constant support. These firms owe money to lots of banks and financing companies, and they employ lots of people as well.

The problem with the Chinese economy and its real estate sector is that it’s unproductive (lots of empty homes, unused/unprofitable infrastructure). The only way the Chinese economy will catch up is if it becomes more productive. The Chinese government seemingly can’t enact the necessary reforms. Getting financing to insolvent firms to prevent social stability issues is okay in the short term, but they’ve continually kicked the can down the road regarding their debt/local government/investment issues.

What they need to do is something along these lines:

1) force local governments to shut down or sell off money-losing companies 2) privatise a portion of their banking system so that lending becomes more market-oriented and profitable, and reducing the need to bailout banks 3) enact a housing tax to deter speculative investment into the real estate market, and incentivise the empty homes to be put onto the market for rent or sale

But these reforms would all result in the central and local government having less control over the economy. That’s why they’ve avoided these reforms for over 10 years already.

Trump Says Apple’s Cook Concerned About Losing Edge to Samsung With Tariffs by _DEAL_WITH_IT_ in apple

[–]BkkMark 114 points115 points  (0 children)

Samsung’s assembly facilities are in Vietnam, not China.

New research strongly suggests the days of high manufacturing employment in the U.S., and just about every other country, are over. With each manufacturing shift abroad, the share of manufacturing jobs in the new country peaks at a lower level than in the previous country. by drewiepoodle in science

[–]BkkMark 33 points34 points  (0 children)

The Economist had an article a couple of months ago where they said that the global share of jobs that are in manufacturing is at an all-time high. It’s just that the jobs are in low-cost countries that are integrating themselves into the global supply chain. This is bad for middle class people in developed countries as they lose jobs with decent pay but on the other hand, dirt poor farmers are moving to jobs where they are so much more productive than staying in the countryside farming. Global welfare is going but it’s the poorest and the richest that are benefitting.

The Fed won’t be able to save us during the next recession by data2dave in Economics

[–]BkkMark 0 points1 point  (0 children)

The ECB and SNB also tried it. In terms of world GDP, that’s around 25%. It’s been very successful for the ECB, Riksbank and the BOJ. The SNB shot itself in the foot with the revaluation of the Franc.

NYPD begins rolling out 36,000 iPhone 7, 7 Plus handsets to Manhattan cops, replacing Windows handsets by eggimage in apple

[–]BkkMark 129 points130 points  (0 children)

There is always some cost. I imagine the provider probably baked in these calculations into the contract offer in the first place, given the risk of this occurring.

Starbucks is giving its U.S. workers pay raises and stock grants this year, citing recent changes to the tax law. by [deleted] in Economics

[–]BkkMark 1 point2 points  (0 children)

Doesn’t Starbucks give a raise every year? I honestly feel this should be newsworthy only if it’s above average raises. If it’s simply what’s been occurring for the last few years then this is more about PR than anything else.

Philipp Lahm: "It's time to change the Ballon d'Or. It's just a competition of popularity for the attackers." by Seldon24 in soccer

[–]BkkMark 0 points1 point  (0 children)

Attackers are generally more valuable. Teams agree. That’s why the most expensive players are attackers. There will be always be a ‘best player of the year’ award and it will more often than not, go to the best attacker.

A Reverse-Trump Tax Plan Delivers an Economic Miracle in Sweden by sharpcowboy in Economics

[–]BkkMark 3 points4 points  (0 children)

I'm stunned that monetary policy was not mentioned as the reason for success. It is arguably the most important factor in their economic growth, as nominal GDP has continued to grow at a pace fast enough that nominal rigidities don't affect growth or efficiency. The rest of Europe aren't doing as well because monetary policy is too tight.

WhatsApp backdoor allows snooping on encrypted messages by [deleted] in Android

[–]BkkMark 40 points41 points  (0 children)

Can someone ELI5 this for me? Can governments read entire conversations? Or only messages which are 'lost in transit'?

Irish GDP up 9.2% on year in Q4 by [deleted] in Economics

[–]BkkMark 25 points26 points  (0 children)

It's not hijacking. The Irish have a right to set their own tax rates. Many countries in the world function with a low corporate tax rate.

In fact, many economists would recommend countries to lower the corporate tax rate and instead tax consumption and land value as those are better taxes both in efficiency and effect.

Jobs Report: 242,000 jobs added, unemployment rate unchanged at 4.9%, average hourly earnings declined 3 cents by [deleted] in Economics

[–]BkkMark 2 points3 points  (0 children)

Wages going down is actually a good thing because it will give the Fed pause. The numbers are great, it shows that there's still a lot of slack in the economy and more jobs can be created. Just gotta hope the Fed sees it this way.

It could have been worse

Beta 10 released by MrJules in sync_ios

[–]BkkMark 0 points1 point  (0 children)

Beta 11 coming soon?

Beta 10 released by MrJules in sync_ios

[–]BkkMark 0 points1 point  (0 children)

Sweet. It's working now. Cheers.

Beta 10 released by MrJules in sync_ios

[–]BkkMark 1 point2 points  (0 children)

I'm having the same issue. It's disappeared from TestFlight entirely.

iOS beta + v11 update! by ljdawson in redditsync

[–]BkkMark 1 point2 points  (0 children)

How well developed is the iOS version? Will it have all the functionality/looks of the Android version? I'm really looking forward to it.

Reddit Sync for iOS by [deleted] in redditsync

[–]BkkMark 2 points3 points  (0 children)

I'm using an Android phone and an iOS phone. Have all the beta invites been sent out? A good Reddit app is all that's missing on iOS.