In an instant, 1200 trillion Vietnamese dong fled Vietnam in the form of dollars, which emptied the foreign exchange earned by Vietnam.
So far, the Vietnamese dong has fallen to a record low of 25463 per dollar.What is the second factory in the world and what is the new paradise of manufacturing industry in the world, it was immediately exposed.
The background of Vietnam's purge this time is the increase of interest rates by the Federal Reserve. Some people asked why this did not happen to pandas. It is because of the huge size of the panda economy, the establishment of digital RMB, multilateral trade support, market stability, high-end manufacturing gradually occupying the international market, and new energy sources becoming the global hegemony. The United States is simply unable to eat, let alone replace.
In contrast, Vietnam has a small economy, a single trading system, and almost all of them are low-end manufacturing industries, with almost no anti risk ability, almost the same as China more than 20 years ago.
Vietnam is now a land of chicken feathers. The US dollar has fled, and a large amount of Vietnamese dong has been converted into US dollars. Domestic inflation is getting worse and worse. Vietnam is now the meat of the board. It is mercilessly harvested by the US capital and has no ability to fight back.
Vietnam also wants to eat from both ends. Relying on pandas, it does not know how to make good use of them. It always wants to rely on the United States. Now it can only bear the fate of being mercilessly harvested by the United States.
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