Post From Wealthwatch.world Chat Room 8-11-15
Wealthwatch Evening Chat 8-11-15 Part 2 of 2
disciple7: 3 Aug/15 0 VN, US trade set to explode under TPP pact August, 01 2015 09:21:00 22_2.jpg During the next 10 years, the US market share for Vietnamese garments is expected to double under the TPP agreement. — Photo doanhnhansaigon HCM CITY (VNS) --
Twenty years after the US and Viet Nam established diplomatic relations, bilateral trade turnover has risen 80-fold, and is expected to boom after the Trans Pacific Partnership agreement, currently under negotiations, takes effect.
In 1995, bilateral trade volume was reported at US$500 million, and this year, it is estimated that it would be $40 billion. Within ten years, it could reach $50 or $60 billion.
And when negotiations on the Trans Pacific Partnership agreement conclude, the trade figures could climb even higher. Besides the US and Viet Nam, the trade agreement includes Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru and Singapore, representing 40 per cent of the global GDP.
Rena Bitter, general US consul general to HCM City, who spoke at a conference yesterday organised by the Viet Nam – US Association in HCM City on trade relations, said that 20 years ago the two countries could not have imagined the achievements of today.
She cited a recent Pew Global Attitudes survey that said 78 per cent of Vietnamese expressed a favorable view of the US. The percentage was much higher for Vietnamese under 30 years of age, she said.
The US, with a market valued at $20 trillion, is now the No 1 market for Vietnamese exports. Luong Van Tu, of the Viet Nam – US BTA Joint Committee, said that with TPP membership Viet Nam would improve management skills and have more access to capital and technology.
More importantly, it would have a large market for consumer goods. He said that US – Viet Nam bilateral trade revenue would rise quickly over the next 20 years under the TPP. Le Phuoc Vu, chairman of Hoa Sen Group, a large steel company, said with closer ties and increasing bilateral trade, Viet Nam could become the No
disciple7: ‹@BB824› that's the latest from 1 site
BB824: I just called exchange place at airport they said they'd pay 38.00 per 1 million of vnd dong
disciple7: ‹@BB824› ehh
BB824: I bought them there 4 years ago a million for 54.00
BB824: thanks disciple7
disciple7: ‹@BB824› no problem
BB824: most people paid twice that per million 70 to 80 per million
BB824: People realize that going buy rate is not sell rate
disciple7: yea dealers were making a fortune i bet..
BB824: I got about 50 million dong
disciple7: woooooooow.... that's alot
BB824: cost about 3000 for all that back then
disciple7: geez... i was never that focused on the vnd
BB824: never bought those from dinar place
BB824: China owns Vietnam
disciple7: right.. for now..
BB824: they always will alot of underbusines goes in and out of Vietnam via china
BB824: low cost re ship base
BB824: vs china
disciple7: they may break away.. never know but ur prolly right.
BB824: they never want to cause China pays their debt and will for many years and no charge to Vietnam
BB824: at least another 10 15 years
disciple7: whatever i just want the vnd to rise haha
Abraham: China does not own Vietnam. Within the next 5 years Vietnam will surpass China
BB824: dong will only bounce 3 to 8 cents
disciple7: yea i figure anywhere from .5 - .10
BB824: Abraham my father and I have a porting business out of Vietnam for 27 years yes China owns Vietnam
Abraham: ‹@BB824› that's not true
BB824: belive all the news nonsense you want on vietnam
disciple7: ‹@BB824› Abraham that's on this site?
BB824: oooh ok
Abraham: I have solid contacts i
disciple7: ‹@BB824› ok so not Abraham that's on this site..
disciple7: ‹@Abraham› iyo you think the vnd rises?
disciple7: ‹@Abraham› oh i didn't see ur reply above.
Abraham: It's nothing to do with who is right or wrong, but I know. Vietnam's economic foundation is structured different
disciple7: Vietnam has a lot of upside.
BB824: And all the money behind it and powered is by and from China
Abraham: I know one of the individuals who is an adviser to the Vitamese Government
Abraham: That not true
Abraham: But let's move on :)
EdoBini: @BB824> When do you think dong will ever revalue ????
BB824: And he told you China has no control base with Vietnam ?
BB824: dong won't out and out revalue
EdoBini: Vietnamese Central Bank has devalued twice this year. But if you listen to XXX & XX, you will think they are RVing with Iraqis or as a part of the so-called GCR. Well, there is no GCR according to the IMF statements on the issues.
disciple7: ‹@EdoBini› yea its been for awhile.. itll have its day imo
EdoBini: One will miss the road if you follow XXX & XX who are always seeing the Bank screens with a rate 2.47 for dong every week. Always promoting these currencies for his clients.
disciple7: ‹@EdoBini› yes its disgusting..
Abraham: I have Never listened to XXX, nor XX!
disciple7: ‹@Abraham› me either.. i only read what people had to say about them
Fit2beFit: European organization demanded the prosecution of al-Maliki's "kill himself booked and corruption crimes."
disciple7: or rather what those two had to say through other people.. which imo was always comical.
disciple7: ‹@Fit2beFit› wow
Fit2beFit: Abadi Parliament holds the responsibility of "the three vice-presidencies": An Introduction to corruption
Fit2beFit: Deputy for the National: Must approval infallible and parliament to dismiss the Vice-Presidents of the Republic
Fit2beFit: "Facebook" are trading more attention adjust image curious about 7 bags full of gold bullion tale have been seized in conjunction with the incident prevent Maliki from traveling.
Abraham: Men fail to realize life on earth is minute of a second to eternal life. Corruption is not a Key to eternal life!
disciple7: ‹@Abraham› Amen
Fit2beFit: And Men need to bow the RV to us women :tongue:
EdoBini: @Abraham> l love that statement you just wrote. Thanks.
Abraham: Get wisdom; get insight; do not forget, and do not turn away from the words of my mouth. esv.to/Prov4.5
EdoBini: What can a man gain in exchange of his soul. No matter how smart one think he is, one can not gain the whole World at the expense of his follow man forever.
Abraham: ‹@EdoBini› Thank You! Amen!
EdoBini: If Maliki was a true Nationalist, RV would have happened in 2012/13.
BOBBY: Fit2befit....... dinar daily is running a bunch of posts about that subject
Fit2beFit: ‹@BOBBY› bowing to women..aaahhhh
Fit2beFit: which one
Abraham: ‹@EdoBini› the Spirit of Jesus, or Joseph was not resident with Malaki!
BOBBY: Fit2befit... there are some interesting reply s
Abraham: ‹@EdoBini› Maliki will be judged harsher than Saddam!
BOBBY: Abraham... evening
Abraham: ‹@BOBBY› Good Evening
Fit2beFit: ‹@BOBBY› oh the currency legal or not, I ask question for a group of investor friends. ME PERSONALLY come from a family in the finance world and I personally am neutral
disciple7: ‹@Abraham› i agree 100%
Dianne777: ‹@Abraham› i am afraid the US will be also for putting him in there
Fit2beFit: When my friends ask me, and i dont have for sures, i ask for them
disciple7: ‹@Fit2beFit› did they answer?
Fit2beFit: ‹@disciple7› who is they
Fit2beFit: I ask in here
disciple7: ‹@Fit2beFit› i must of misunderstood what u wrote
disciple7: ‹@Fit2beFit› imo we're good
Fit2beFit: Well, I am blonde
disciple7: ‹@Fit2beFit› my condolences
disciple7: haha j/k
disciple7: i wonder when Maliki is actually gonna go to trial.. that's my question.. when is it ACTUALLY gonna happen?
BOBBY: Fit2beFit...... i think its an important subject and glad it got brought up
Fit2beFit: ‹@BOBBY› thanks
disciple7: ‹@Fit2beFit› Abraham may know something to tell you, i believe hes pretty smart on that subject?
Abraham: ‹@Dianne777› Maliki had a lot to say about Saddam! Put him to death! Sometimes the Lord will give you a test to see how you respond. Passing tests leads to promotion. Maliki failed the test!
BOBBY: I think it warrents futher discussion. ....
disciple7: ‹@Abraham› sorry to throw you out there :smile:
Fit2beFit: ‹@BOBBY› Ok next important subject...... “Is this chicken, what I have, or is this fish? I know it’s tuna, but it says ‘Chicken … by the Sea.'”
disciple7: ‹@Abraham› fit2be fit found an Iraqi government document that says any currency outside the country will be treated as counterfeit currency.. therefore its worthless.. do u have any comments on something like that?
disciple7: imo we're good but i believe some are worried in here
Abraham: The currency we hold once it is not counterfeit is of Legal Tender
disciple7: ‹@Fit2beFit› bring that document in if u don't mind
Fit2beFit: govinfo.library.unt.edu/c... http://wealthwatch.world/blab/blab.php#
disciple7: ‹@Abraham› thanks Abraham
Fit2beFit: Article 32 Issuance of currency 1. Article 32(1) Article 61 Forfeiture
Abraham: International Treasuries hold Dinar! They would not do so if it was not legal tender
Fit2beFit: #2. AND #4.
Fit2beFit: ‹@Abraham› Hold is not the question
Abraham: ‹@Fit2beFit› let me put it to you this way. My Dinar is good to be exchanged whoever I care to do so!
disciple7: ‹@Fit2beFit› bring in that piece u did earlier cause its obvious your still doubting.. not attacking, just saying.. may as well put it to rest now.
MichelleL: no offense, but this is around 8 hours, or more, on the same issue.
Fit2beFit: ‹@disciple7› Oh Im not, i was asking for a friend to hear insights and answers
disciple7: ‹@Fit2beFit› i gotcha
disciple7: ‹@MichelleL› would u rather see a blank screen :smile:
Fit2beFit: ‹@disciple7› Personally, it doesnt matter until the time comes on if it leagl or not or fake or cashable, etc etc etc
MichelleL: I figured it out, my dinar are real, fine and worth holding onto - got no idea about the rest of your tp lol
Fit2beFit: ‹@disciple7› thanks you
BOBBY: MichelleL...... lol
Fit2beFit: ‹@MichelleL› 8, 10 or 40 hours its about our investment
disciple7: ‹@MichelleL› i guess the going question today was "will my dinar get forfeited at exchange"
disciple7: i don't think so
MichelleL: disciple yours may but mine won't lol
MichelleL: ‹@disciple7› the going question is how long you want to spend trying to get the same dead horse to start riding
disciple7: ‹@MichelleL› if they take my dinar their taking my arms also cause im not letting go..
Fit2beFit: ‹@disciple7› :smile:
disciple7: ‹@MichelleL› i already ate the horse... i was trying to help people get over this "new" fear.....
BOBBY: they can have my leg lol
MichelleL: lol disciple they're not wanting my arms - but the crooks want to steal my deeenars every day, always someone telling me they're taking more and more bits and pieces away
MichelleL: Bobby don't be so generous
Abraham: ‹@disciple7› just don't exchange wit a Crocodile
MichelleL: lol Abraham
disciple7: ‹@Abraham› :laughing:
BOBBY: MichelleL.... trust me joke is on them lol
MichelleL: lol Bobby, they may not like the taste of wood
BOBBY: lol..... you said wood lol
MichelleL: lol Bobby
jazzyblue: yet again i come in here to watch (lurk) and come into a conversation about forfeiting dinar at exchange, them possibly being conterfeit, iraq not honoring them .......that they need to come directly from cbi...........could someone please let me know what the deal is on all this...........kinda scarey.......and hard to actually phathom
MichelleL: sorry jazzyblue - wish there were more interesting things to talk about but our illustrious leaders have left us to our own devices
disciple7: goodness.. ok this is what fit2befit brought in
disciple7: Fit2beFit: Article 32 Issuance of currency 1. The CBI shall have the exclusive right to issue banknotes and coins intended for circulation in Iraq. Banknotes issued under this Article shall be a first charge on the assets of the CBI.
The CBI shall make appropriate arrangements for the issue of its banknotes and coins as required for circulation in Iraq. Banknotes and coins issued by the CBI and intended for circulation in Iraq are not promissory notes, bills of exchange, or any other type of commercial document under the applicable commercial law, and the CBI is obligated to honor them only as provided for in this Law.
Fit2beFit: -------3. For the purpose of this Article, a banknote or coin issued in violation of Article 32(1), or any other instrument or token intended for circulation in Iraq as money other than as authorized by this section, is to be treated as counterfeit money or token for value.
MichelleL: yup disciple lol here we go again, or as we used to say in early bulletin board talk HWGA
disciple7: ‹@MichelleL› hey it keeps coming up.. people are fearful..
MichelleL: ‹@disciple7› fear will do nothing but raise your blood pressure - you can only get back 50/60 cents on the dollar but if you're that nervous, sell out
jazzyblue: look michelle :) yes it IS disturbing coming into a conversation where you seeing that your dinar after ohhhhhh lets see over 6 years might not be any good? that kinda bothers me a little and probably alot more :)
disciple7: ‹@MichelleL› don't tell me.. im looking for 3.86
Fit2beFit: It was answered well today, for those appreciate it
MichelleL: i am not a happy happy joy joy kind of person, but I don't buy this constant worry over the same subject jazzyblue - and i'm in this even longer than you lol
disciple7: ‹@MichelleL› i think we're good and i trust Abrahams opinion and he thinks we're good... rv time..
Fit2beFit: ‹@MichelleL› why do you have to bring up and stare at people who wanna know or ask
BOBBY: disiple7...... are you serious about that rate?
jazzyblue: i was not IN on the subject i just saw the end of it twice today
MichelleL: Fit2beFit why do you have to worry people?
MichelleL: lol jazzyblue
jazzyblue: just nevermind ty for your responses.......geeeze >>>>>>>>>>>>>>...
Abraham: If you check your Bible you will find 366 "fear not" one for each day. Use one today!
disciple7: ‹@BOBBY› yep :smile:
Fit2beFit: ‹@MichelleL› Its NOT a worry, it was a professional, legitimate question
disciple7: let tomorrow worry about itself.. life is too short..
Fit2beFit: ‹@BOBBY› see the reform for asking that question
disciple7: ‹@Fit2beFit› it was a legit question though..
Fit2beFit: ‹@disciple7› thank you, sincerely
disciple7: ‹@Fit2beFit› your very welcome
Fit2beFit: ‹@disciple7› I thought that was what this room was for not cutting down questions and people asking like OTHER rooms do
disciple7: ehh don't worry bout it
disciple7: its all good
BOBBY: disciple7..... i ask this respectfully. ....how did you arrive at that figure?
Fit2beFit: Now back to the chicken or tuna in the chicken of the sea can.
disciple7: ‹@BOBBY› i heard about it 7 yrs ago and i never let go since. Iraq has stated several times throughout the years that they want to have the strongest currency in the middle east. well right now Kuwait is at 3.30.. so imo they will be above that eventually
Abraham: We don't need to worry Trump owns Dinar