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Frank26: "Something is happening with the Vietnamese dong" 5/20/21

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Frank26: "Something is happening with the Vietnamese dong" 5/20/21 Empty Frank26: "Something is happening with the Vietnamese dong" 5/20/21

Post by RamblerNash Thu May 20, 2021 10:22 pm

Frank26  

Something is happening with the Vietnamese dong...I would advise you to watch their central bank...pay attention to their GDP [Gross Domestic Product].  The GDP is a determinant of what the value of their currency could be...Something has happened with the Vietnamese dong inside of Vietnam...notice what's going on with their stocks.  And I want you to notice what's going on with their imports and exports...

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Frank26: "Something is happening with the Vietnamese dong" 5/20/21 Empty Re: Frank26: "Something is happening with the Vietnamese dong" 5/20/21

Post by Sam I Am Fri May 21, 2021 8:16 am

What a moron.  Vietnam's GDP has tripled over the past 12 years and all during that time the dong lost value.  That's no coincidence, because their strategy has been to slowly devalue their currency as a way of attracting foreign trade.  What this means is that there is no big RV in the dong's future because they have no intention of ending this very successful economic strategy.

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