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The New Coffee Room

  1. TNCR
  2. General Discussion
  3. The Flow of Money

The Flow of Money

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  • JollyJ Offline
    JollyJ Offline
    Jolly
    wrote on last edited by
    #1

    We're going to make some people rich...

    https://apnews.com/article/biden-vietnam-status-china-trade-ac8f9dd899f77910c42295769d3fedb6

    “Cry havoc and let slip the DOGE of war!”

    Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

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    • AxtremusA Offline
      AxtremusA Offline
      Axtremus
      wrote on last edited by Axtremus
      #2

      I see this Vietnam piece as part and parcel of this larger strategy:
      https://nodebb.the-new-coffee-room.club/topic/26620/biden-s-foreign-policy-for-the-emerging-markets/10

      All this could have happened sooner too under the Trans-Pacific Partnership (TPP) promoted by the Obama administration had Trump not torpedoed the TPP. Trump has set us back half a decade on this one, if not more.

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      • taiwan_girlT Offline
        taiwan_girlT Offline
        taiwan_girl
        wrote on last edited by
        #3

        I am with Ax on this one. The TPP, while not perfect, should have gone forward. It does have the US playing "catch up".

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        • AxtremusA Offline
          AxtremusA Offline
          Axtremus
          wrote on last edited by Axtremus
          #4

          Many deals announced between US and Vietnamese companies. Semiconductor, energy, avionics, and AI seem to be the emphases:

          https://www.reuters.com/markets/us-vietnam-firms-hold-business-summit-during-biden-visit-ai-deals-unveiled-2023-09-11/

          Still, Vietnam remains a Communist-led, single-party republic. In that sense it's still very similar to China. :man-shrugging:

          taiwan_girlT 1 Reply Last reply
          • AxtremusA Axtremus

            Many deals announced between US and Vietnamese companies. Semiconductor, energy, avionics, and AI seem to be the emphases:

            https://www.reuters.com/markets/us-vietnam-firms-hold-business-summit-during-biden-visit-ai-deals-unveiled-2023-09-11/

            Still, Vietnam remains a Communist-led, single-party republic. In that sense it's still very similar to China. :man-shrugging:

            taiwan_girlT Offline
            taiwan_girlT Offline
            taiwan_girl
            wrote on last edited by
            #5

            @Axtremus said in The Flow of Money:

            Many deals announced between US and Vietnamese companies. Semiconductor, energy, avionics, and AI seem to be the emphases:

            https://www.reuters.com/markets/us-vietnam-firms-hold-business-summit-during-biden-visit-ai-deals-unveiled-2023-09-11/

            Still, Vietnam remains a Communist-led, single-party republic. In that sense it's still very similar to China. :man-shrugging:

            Yup, but their not China. LOL. It gives the US a good "foothold" in SE Asia, and we can leverage that through the region (hopefully!)

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