Relocating to Vietnam ?

[Thomas J]

13 minutes ago, LongTimeLurker said:

Then KhunKenAP who I was responding too must think that USA is a Communist Country!!

 

 

Well technically a communist country the government owns everything and they only give the people what they want to.  In the USA they make private owners own everything and take the risk then regulate it, and with both companies and individuals tax it giving people the only what the government wants to.  

Some difference huh! Both ways the government lets you get or keep only what it decides. 

I don't know if this is still true but at one time there was more change in the makeup of the members of the Soviet Politburo a one party system than there was in the Congress of the USA. 

 

Edited May 31, 2021 by Thomas J

[LongTimeLurker]

16 hours ago, nausea said:

Yet more from YouTube sorta confirming what the first guy said - "Vietnam is Kicking Foreigners Out":

 

 

Kinda makes this thread pretty much redundant.

 

 

It should be entitled Vietnam is enforcing immigration laws.

 

He really doesn't know what he's talking about regarding immigration to any country.

 

 

[madmen]

Feel sad for expats that may not see family again until well after covid is squashed in the west. 

That's communism at its ugliest! 

[LongTimeLurker]

18 hours ago, Thomas J said:

Well technically a communist country the government owns everything and they only give the people what they want to.

 

In UK "technically' the Queen owns everything and only gives the people what she wants to.

[Thomas J]

2 hours ago, LongTimeLurker said:

In UK "technically' the Queen owns everything and only gives the people what she wants to.

It really is no different under any form of government.  I have been to China supposedly a "Communist Nation".  Now I need to preface this since I did not fact check her.  She is native Chinese and lives in Beijing.  She said that there is no government "healthcare" for everyone.  You need to buy private insurance.  That they don't have property taxes on homes and apartments only an income tax.  There is no free college tuition.  There is no social security program.  You purchase annuities through an insurance company to provide for your welfare.  Now exactly who is the "Communist/Socialist State"  The USA or China?   When a government such as the USA takes a private sector and "regulates" like health insurance and tells the insurance companies where they can sell it, what must be contained it its policy coverage and limiting its profits to a percentage of its revenues how is that any different fundamentally than a company owned and run by the government. 

This is a fact I do know.  China created more billionaires last year than the rest of the world combined.  Pretty tough to do, if you are truly a communistic state where the government owns everything. You look at China's burgeoning economy, and it is private growth and wealth.  I suggest they are far more Capitalistic and less Socialistic than the USA and Europe. The USA had 615 billionaires in 2019 and added 109 to grow to 724 in 2020.  By contrast China had 387 billionaires and added 239 in 2020 for a total of 626 billionaires.  So the rate of billionaire growth in China is more than double the USA and the USA has a GDP that is 50% larger than China

Now who is the Capitalist Country? 




https://www.straitstimes.com/business/economy/chinas-billionaires-club-swells-as-market-rally-offsets-covid-19-pain