Mo’ money, mo’ problems
Việt Nam, whoa buddy! Stock markets in huge decline, rampant inflation, rising trade deficit, soaring real-estate prices, and more. That is not a good mix. The press, though, looks to be chugging along pretty well in its critique of government policies. Good to know. All sound advice, too, in my opinion. It’s all about short-term versus long-term. I favor the long-term. Don’t get too carried away. Whoops:
“Several state-owned business groups and corporations were scrambling to set up banks and securities companies instead of focusing on their core businesses.”