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February 14, 2011 at 3:53 PM #667475February 14, 2011 at 3:55 PM #666339Allan from FallbrookParticipant
Brian: Speaking of globalization, have you been following the Vinashin debacle in Vietnam? You’ve mentioned Vietnam before and indicated you consider them to be an up-and-comer, economically speaking.
I was speaking with several Australian business types, all of whom have pulled up stakes and gotten out of Vietnam. Most of them cited dealing with the Vietnamese Communist Party and its corruption as the main issue, but this Vinashin implosion spooked them as well. To me, Vietnam is China in microcosm.
Further on the subject of globalization, and tying back into your comments on Merkel and multiculturalism, you might want to look at German crime statistics and the reaction of German citizens to what they perceive as a foreign invasion. I’m not saying I condone this, but when you look at France, Holland, Sweden, etc, and the move away from Center-Left policies to Center-Right, you get the sense that there is a growing backlash emerging.
February 14, 2011 at 3:55 PM #666400Allan from FallbrookParticipantBrian: Speaking of globalization, have you been following the Vinashin debacle in Vietnam? You’ve mentioned Vietnam before and indicated you consider them to be an up-and-comer, economically speaking.
I was speaking with several Australian business types, all of whom have pulled up stakes and gotten out of Vietnam. Most of them cited dealing with the Vietnamese Communist Party and its corruption as the main issue, but this Vinashin implosion spooked them as well. To me, Vietnam is China in microcosm.
Further on the subject of globalization, and tying back into your comments on Merkel and multiculturalism, you might want to look at German crime statistics and the reaction of German citizens to what they perceive as a foreign invasion. I’m not saying I condone this, but when you look at France, Holland, Sweden, etc, and the move away from Center-Left policies to Center-Right, you get the sense that there is a growing backlash emerging.
February 14, 2011 at 3:55 PM #667005Allan from FallbrookParticipantBrian: Speaking of globalization, have you been following the Vinashin debacle in Vietnam? You’ve mentioned Vietnam before and indicated you consider them to be an up-and-comer, economically speaking.
I was speaking with several Australian business types, all of whom have pulled up stakes and gotten out of Vietnam. Most of them cited dealing with the Vietnamese Communist Party and its corruption as the main issue, but this Vinashin implosion spooked them as well. To me, Vietnam is China in microcosm.
Further on the subject of globalization, and tying back into your comments on Merkel and multiculturalism, you might want to look at German crime statistics and the reaction of German citizens to what they perceive as a foreign invasion. I’m not saying I condone this, but when you look at France, Holland, Sweden, etc, and the move away from Center-Left policies to Center-Right, you get the sense that there is a growing backlash emerging.
February 14, 2011 at 3:55 PM #667142Allan from FallbrookParticipantBrian: Speaking of globalization, have you been following the Vinashin debacle in Vietnam? You’ve mentioned Vietnam before and indicated you consider them to be an up-and-comer, economically speaking.
I was speaking with several Australian business types, all of whom have pulled up stakes and gotten out of Vietnam. Most of them cited dealing with the Vietnamese Communist Party and its corruption as the main issue, but this Vinashin implosion spooked them as well. To me, Vietnam is China in microcosm.
Further on the subject of globalization, and tying back into your comments on Merkel and multiculturalism, you might want to look at German crime statistics and the reaction of German citizens to what they perceive as a foreign invasion. I’m not saying I condone this, but when you look at France, Holland, Sweden, etc, and the move away from Center-Left policies to Center-Right, you get the sense that there is a growing backlash emerging.
February 14, 2011 at 3:55 PM #667480Allan from FallbrookParticipantBrian: Speaking of globalization, have you been following the Vinashin debacle in Vietnam? You’ve mentioned Vietnam before and indicated you consider them to be an up-and-comer, economically speaking.
I was speaking with several Australian business types, all of whom have pulled up stakes and gotten out of Vietnam. Most of them cited dealing with the Vietnamese Communist Party and its corruption as the main issue, but this Vinashin implosion spooked them as well. To me, Vietnam is China in microcosm.
Further on the subject of globalization, and tying back into your comments on Merkel and multiculturalism, you might want to look at German crime statistics and the reaction of German citizens to what they perceive as a foreign invasion. I’m not saying I condone this, but when you look at France, Holland, Sweden, etc, and the move away from Center-Left policies to Center-Right, you get the sense that there is a growing backlash emerging.
February 14, 2011 at 9:02 PM #666401briansd1Guest[quote=Allan from Fallbrook]Brian: Speaking of globalization, have you been following the Vinashin debacle in Vietnam? You’ve mentioned Vietnam before and indicated you consider them to be an up-and-comer, economically speaking.
I was speaking with several Australian business types, all of whom have pulled up stakes and gotten out of Vietnam. Most of them cited dealing with the Vietnamese Communist Party and its corruption as the main issue, but this Vinashin implosion spooked them as well. To me, Vietnam is China in microcosm.
[/quote]
I’ve been to Vietnam several times. It’s a dynamic young country.
I agree that Vietnam is China in microcosm. They copy everything from China down to the tiles used on the sidewalk pavement and the driveway gates into business buildings.
Vinashin is Vietnam’s attempt at indigenous innovation and creating a corporate giant. China has succeeded and Korea has been wildly successful.
Vinashin is a failure. For the foreseable future, I don’t believe Vietnam will succeed in moving up the value chain to become a developed country like Korea or Taiwan; but I think they have plenty of growth left thanks to the young dynamic population.
South-East Asia is on the way to becoming a middle income area more like Mexico. In Vietnam, I see eventual parity of standard of living with Thailand and Malaysia.
The currency is losing value because of a trade deficit.
http://www.economist.com/blogs/asiaview/2011/02/vietnams_incredible_shrinking_currencyThere will be a financial crisis, but Vietnam will power along, IMHO.
I have some Vietnamese-American friends with investments in Vietnam. They are telling me that real estate price have cooled. The government implemented a one-time tax, due in a few months, on property in new development areas. The tax is stiff about $10,000 USD on property valued at $150,000.
[quote=Allan from Fallbrook]
Further on the subject of globalization, and tying back into your comments on Merkel and multiculturalism, you might want to look at German crime statistics and the reaction of German citizens to what they perceive as a foreign invasion. I’m not saying I condone this, but when you look at France, Holland, Sweden, etc, and the move away from Center-Left policies to Center-Right, you get the sense that there is a growing backlash emerging.[/quote]I don’t know much about immigration in Germany but there seems be an increasing number hate crimes.
Europe definitely has some problems integrating its immigrant population. They need to do something about the graying population and finding young workers and increasing economic growth.
February 14, 2011 at 9:02 PM #666462briansd1Guest[quote=Allan from Fallbrook]Brian: Speaking of globalization, have you been following the Vinashin debacle in Vietnam? You’ve mentioned Vietnam before and indicated you consider them to be an up-and-comer, economically speaking.
I was speaking with several Australian business types, all of whom have pulled up stakes and gotten out of Vietnam. Most of them cited dealing with the Vietnamese Communist Party and its corruption as the main issue, but this Vinashin implosion spooked them as well. To me, Vietnam is China in microcosm.
[/quote]
I’ve been to Vietnam several times. It’s a dynamic young country.
I agree that Vietnam is China in microcosm. They copy everything from China down to the tiles used on the sidewalk pavement and the driveway gates into business buildings.
Vinashin is Vietnam’s attempt at indigenous innovation and creating a corporate giant. China has succeeded and Korea has been wildly successful.
Vinashin is a failure. For the foreseable future, I don’t believe Vietnam will succeed in moving up the value chain to become a developed country like Korea or Taiwan; but I think they have plenty of growth left thanks to the young dynamic population.
South-East Asia is on the way to becoming a middle income area more like Mexico. In Vietnam, I see eventual parity of standard of living with Thailand and Malaysia.
The currency is losing value because of a trade deficit.
http://www.economist.com/blogs/asiaview/2011/02/vietnams_incredible_shrinking_currencyThere will be a financial crisis, but Vietnam will power along, IMHO.
I have some Vietnamese-American friends with investments in Vietnam. They are telling me that real estate price have cooled. The government implemented a one-time tax, due in a few months, on property in new development areas. The tax is stiff about $10,000 USD on property valued at $150,000.
[quote=Allan from Fallbrook]
Further on the subject of globalization, and tying back into your comments on Merkel and multiculturalism, you might want to look at German crime statistics and the reaction of German citizens to what they perceive as a foreign invasion. I’m not saying I condone this, but when you look at France, Holland, Sweden, etc, and the move away from Center-Left policies to Center-Right, you get the sense that there is a growing backlash emerging.[/quote]I don’t know much about immigration in Germany but there seems be an increasing number hate crimes.
Europe definitely has some problems integrating its immigrant population. They need to do something about the graying population and finding young workers and increasing economic growth.
February 14, 2011 at 9:02 PM #667067briansd1Guest[quote=Allan from Fallbrook]Brian: Speaking of globalization, have you been following the Vinashin debacle in Vietnam? You’ve mentioned Vietnam before and indicated you consider them to be an up-and-comer, economically speaking.
I was speaking with several Australian business types, all of whom have pulled up stakes and gotten out of Vietnam. Most of them cited dealing with the Vietnamese Communist Party and its corruption as the main issue, but this Vinashin implosion spooked them as well. To me, Vietnam is China in microcosm.
[/quote]
I’ve been to Vietnam several times. It’s a dynamic young country.
I agree that Vietnam is China in microcosm. They copy everything from China down to the tiles used on the sidewalk pavement and the driveway gates into business buildings.
Vinashin is Vietnam’s attempt at indigenous innovation and creating a corporate giant. China has succeeded and Korea has been wildly successful.
Vinashin is a failure. For the foreseable future, I don’t believe Vietnam will succeed in moving up the value chain to become a developed country like Korea or Taiwan; but I think they have plenty of growth left thanks to the young dynamic population.
South-East Asia is on the way to becoming a middle income area more like Mexico. In Vietnam, I see eventual parity of standard of living with Thailand and Malaysia.
The currency is losing value because of a trade deficit.
http://www.economist.com/blogs/asiaview/2011/02/vietnams_incredible_shrinking_currencyThere will be a financial crisis, but Vietnam will power along, IMHO.
I have some Vietnamese-American friends with investments in Vietnam. They are telling me that real estate price have cooled. The government implemented a one-time tax, due in a few months, on property in new development areas. The tax is stiff about $10,000 USD on property valued at $150,000.
[quote=Allan from Fallbrook]
Further on the subject of globalization, and tying back into your comments on Merkel and multiculturalism, you might want to look at German crime statistics and the reaction of German citizens to what they perceive as a foreign invasion. I’m not saying I condone this, but when you look at France, Holland, Sweden, etc, and the move away from Center-Left policies to Center-Right, you get the sense that there is a growing backlash emerging.[/quote]I don’t know much about immigration in Germany but there seems be an increasing number hate crimes.
Europe definitely has some problems integrating its immigrant population. They need to do something about the graying population and finding young workers and increasing economic growth.
February 14, 2011 at 9:02 PM #667205briansd1Guest[quote=Allan from Fallbrook]Brian: Speaking of globalization, have you been following the Vinashin debacle in Vietnam? You’ve mentioned Vietnam before and indicated you consider them to be an up-and-comer, economically speaking.
I was speaking with several Australian business types, all of whom have pulled up stakes and gotten out of Vietnam. Most of them cited dealing with the Vietnamese Communist Party and its corruption as the main issue, but this Vinashin implosion spooked them as well. To me, Vietnam is China in microcosm.
[/quote]
I’ve been to Vietnam several times. It’s a dynamic young country.
I agree that Vietnam is China in microcosm. They copy everything from China down to the tiles used on the sidewalk pavement and the driveway gates into business buildings.
Vinashin is Vietnam’s attempt at indigenous innovation and creating a corporate giant. China has succeeded and Korea has been wildly successful.
Vinashin is a failure. For the foreseable future, I don’t believe Vietnam will succeed in moving up the value chain to become a developed country like Korea or Taiwan; but I think they have plenty of growth left thanks to the young dynamic population.
South-East Asia is on the way to becoming a middle income area more like Mexico. In Vietnam, I see eventual parity of standard of living with Thailand and Malaysia.
The currency is losing value because of a trade deficit.
http://www.economist.com/blogs/asiaview/2011/02/vietnams_incredible_shrinking_currencyThere will be a financial crisis, but Vietnam will power along, IMHO.
I have some Vietnamese-American friends with investments in Vietnam. They are telling me that real estate price have cooled. The government implemented a one-time tax, due in a few months, on property in new development areas. The tax is stiff about $10,000 USD on property valued at $150,000.
[quote=Allan from Fallbrook]
Further on the subject of globalization, and tying back into your comments on Merkel and multiculturalism, you might want to look at German crime statistics and the reaction of German citizens to what they perceive as a foreign invasion. I’m not saying I condone this, but when you look at France, Holland, Sweden, etc, and the move away from Center-Left policies to Center-Right, you get the sense that there is a growing backlash emerging.[/quote]I don’t know much about immigration in Germany but there seems be an increasing number hate crimes.
Europe definitely has some problems integrating its immigrant population. They need to do something about the graying population and finding young workers and increasing economic growth.
February 14, 2011 at 9:02 PM #667544briansd1Guest[quote=Allan from Fallbrook]Brian: Speaking of globalization, have you been following the Vinashin debacle in Vietnam? You’ve mentioned Vietnam before and indicated you consider them to be an up-and-comer, economically speaking.
I was speaking with several Australian business types, all of whom have pulled up stakes and gotten out of Vietnam. Most of them cited dealing with the Vietnamese Communist Party and its corruption as the main issue, but this Vinashin implosion spooked them as well. To me, Vietnam is China in microcosm.
[/quote]
I’ve been to Vietnam several times. It’s a dynamic young country.
I agree that Vietnam is China in microcosm. They copy everything from China down to the tiles used on the sidewalk pavement and the driveway gates into business buildings.
Vinashin is Vietnam’s attempt at indigenous innovation and creating a corporate giant. China has succeeded and Korea has been wildly successful.
Vinashin is a failure. For the foreseable future, I don’t believe Vietnam will succeed in moving up the value chain to become a developed country like Korea or Taiwan; but I think they have plenty of growth left thanks to the young dynamic population.
South-East Asia is on the way to becoming a middle income area more like Mexico. In Vietnam, I see eventual parity of standard of living with Thailand and Malaysia.
The currency is losing value because of a trade deficit.
http://www.economist.com/blogs/asiaview/2011/02/vietnams_incredible_shrinking_currencyThere will be a financial crisis, but Vietnam will power along, IMHO.
I have some Vietnamese-American friends with investments in Vietnam. They are telling me that real estate price have cooled. The government implemented a one-time tax, due in a few months, on property in new development areas. The tax is stiff about $10,000 USD on property valued at $150,000.
[quote=Allan from Fallbrook]
Further on the subject of globalization, and tying back into your comments on Merkel and multiculturalism, you might want to look at German crime statistics and the reaction of German citizens to what they perceive as a foreign invasion. I’m not saying I condone this, but when you look at France, Holland, Sweden, etc, and the move away from Center-Left policies to Center-Right, you get the sense that there is a growing backlash emerging.[/quote]I don’t know much about immigration in Germany but there seems be an increasing number hate crimes.
Europe definitely has some problems integrating its immigrant population. They need to do something about the graying population and finding young workers and increasing economic growth.
February 15, 2011 at 6:40 PM #666730briansd1Guest[quote=Djshakes]
Brian, this means you address Alan as “Sir”. Got it?[/quote]I’m happy to address Allan as sir.
I like well mannered conservatives who address everyone as sir and ma’am. Kids who are well-behaved are really cute.
There’s something to be said about conservatives values. People in Utah are so polite and friendly.
February 15, 2011 at 6:40 PM #666795briansd1Guest[quote=Djshakes]
Brian, this means you address Alan as “Sir”. Got it?[/quote]I’m happy to address Allan as sir.
I like well mannered conservatives who address everyone as sir and ma’am. Kids who are well-behaved are really cute.
There’s something to be said about conservatives values. People in Utah are so polite and friendly.
February 15, 2011 at 6:40 PM #667397briansd1Guest[quote=Djshakes]
Brian, this means you address Alan as “Sir”. Got it?[/quote]I’m happy to address Allan as sir.
I like well mannered conservatives who address everyone as sir and ma’am. Kids who are well-behaved are really cute.
There’s something to be said about conservatives values. People in Utah are so polite and friendly.
February 15, 2011 at 6:40 PM #667536briansd1Guest[quote=Djshakes]
Brian, this means you address Alan as “Sir”. Got it?[/quote]I’m happy to address Allan as sir.
I like well mannered conservatives who address everyone as sir and ma’am. Kids who are well-behaved are really cute.
There’s something to be said about conservatives values. People in Utah are so polite and friendly.
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