Cashews and furniture among other things, are growing in imports from Vietnam to the USA. Shoes are in the top ten but dropping, meaning Nike is getting more elsewhere, which also means there is first rate excess production capacity for a shoe aficionado.
I was there in April, and I think no matter where the next war is, it won't involve Vietnam, but Vietnam will likely play a role (maybe planning on it) like Japan in the Korean war (where war contracts jump-started the Japan economy) or even better like Ireland during WWII, supplying both sides with help.
I've been all over the world, from Moscow to Aruba, and Vietnam is the only place outside of USA that I would consider actually buying a place to live. It will only go up in the next 100 years. The reason of course, is that communism is moving towards free markets in their march to anarchy (the peace and prosperity version, the goal of communism.)
Monday, September 13, 2010
Imports From Vietnam Growing
Posted in International Trade Data, labor by John Wiley Spiers
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