Re: Major companies in Thailand that may not survive Covid-19, or be significantly altered
Posted: Thu Jun 25, 2020 2:07 pm
Correct, it's going to be ugly - at many levels of society.Spitfire wrote: ↑Fri Aug 07, 2020 10:13 am As a casual observation, with gold prices rallying like they are and investors/people trying to find safe havens (like precious metals or the Yen etc.) to park their money, that tends to signal that a big problem/collapse is coming ... rough seas are ahead and few seem to have grasped how bad it could be. Also, all these government stimulus packages that they have splashed around are coming to an end as they are unsustainable. It's only just started.
I'm not remotely concerned with the likes of Bumrungrad Hospital (who I note still made a substantial profit) or anyone in a position to find a safe haven to park their money, but in the lower levels of society who are likely to be the main losers, as usual.
They already do - batteries are now built-in and have a predetermined life cycle and companies like Apple have already been caught purposely slowing devices down with their software updates. This discussion is probably better suited here though viewtopic.php?f=15&t=22034handdrummer wrote: ↑Fri Dec 11, 2020 11:08 pm Maybe the manufacturers will start making phones that fail in a year and the buyers will be have to purchase a new one. Planned obsolescence isn't dead.