To: bruinbirdman
“The deliveries of truck loads of money and queues outside branches of Vietnam’s biggest lender, Asia Commercial Bank, ready to withdraw their cash almost as quickly as stocks were replenished were an eloquent expression of the fears stalking the county’s banking system.”
You can never have too much dong...
2 posted on
08/27/2012 9:10:31 PM PDT by
decal
(I'm not rude, I don't suffer fools is all.)
To: bruinbirdman
I wonder how many other Asian banks are in trouble, even outside of Vietnam. Taiwan is about the only country properly regulated.
No wonder the price of gold is rising.
3 posted on
08/27/2012 9:10:51 PM PDT by
BlackVeil
To: bruinbirdman
Buying homes in Vietnam with gold is standard practice. Vietnamese don’t trust their currency despite government repeat attempt to force ppl on it then constantly devaluing it
8 posted on
08/27/2012 9:38:03 PM PDT by
4rcane
To: bruinbirdman
so stimulus made it worse and is anyone surprised?
11 posted on
08/27/2012 9:43:09 PM PDT by
GeronL
(The Right to Life came before the Right to Pursue Happiness)
To: ThanhPhero
12 posted on
08/27/2012 9:46:21 PM PDT by
Army Air Corps
(Four Fried Chickens and a Coke)
To: bruinbirdman
What is this line? "...once tipped as one of Asia's star performers....."
If I remember right, except for a few failing factories built by the Japanese and a weak tourism business, Vietnam has been a basketcase for 40 years.
13 posted on
08/27/2012 10:00:39 PM PDT by
VanShuyten
("a shadow...draped nobly in the folds of a gorgeous eloquence.")
To: bruinbirdman
Thank goodness they always have communism to fall back on
16 posted on
08/27/2012 10:22:31 PM PDT by
VeniVidiVici
(Congrats to Ted Kennedy! He's been sober for two years now!!)
To: bruinbirdman
I have been investigating getting my SS sent to an account in a Vietnamese bank. That project is on hold.
19 posted on
08/28/2012 6:05:39 AM PDT by
ThanhPhero
(Khach hanh huong den La Vang)
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson