I seem to understand that this is a result of many poor choices that were made and left for the taxpayers to clean up. From cradle to grave, I guess.
I love it there. When I go (going again in September)the Old Fart boards the airplane at this end and Honored Grandfather gets off the plane in Sài Gòn. If I find myself alone here and cannot work, my vicarious family all tells me to come to Việt Nam. They will treat me as if I am the natural Grandfather. My protégé says she and her husband are prosperous enough now that they will send me the tickets if I reach the point that I cannot afford them. They will add a room to their house for me. This is the lass who I took on to keep her in school when she was a 14 year old sharecropper's(rough analogy) daughter whose family of 6 was living on about $800 a year.