How Vietnam is Coping with Hyper-Inflation [View article]
I also read about the suspension. Where can one track the Vietnamese Index?
2 things drove prices skyward and rather abruptly, Oil and Food, Rice in particular. The price of rice has dropped by about 1/3rd, so expect a rather dramatic slowdown in inflation in the coming months and as the Vietnamese people become more affluent expect them to become more insulated to the rise in oil.
The Asian stock markets have taken big hits, they will be the first to recover. The US is only down 20%, when it is down 40% I will start nibbling.
How Vietnam is Coping with Hyper-Inflation [View article]
2 things drove prices skyward and rather abruptly, Oil and Food, Rice in particular. The price of rice has dropped by about 1/3rd, so expect a rather dramatic slowdown in inflation in the coming months and as the Vietnamese people become more affluent expect them to become more insulated to the rise in oil.
The Asian stock markets have taken big hits, they will be the first to recover. The US is only down 20%, when it is down 40% I will start nibbling.
International ETF Update: Japan, China, Australia [View article]
Vietnam Suspends Gold Imports, Follows FDR's Great Depression Lead [View article]
What happened in the US to inflation after FDR's decision?