I see were in Vietnam they arrested a banker tycoo
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I see were in Vietnam they arrested a banker tycoon of one of the largest banks there yesterday or so. I wouldn't be surprised there is a China connection behind it. I don't know for sure but a bank run was caused by the arrest. What I wonder is if the Banker was front loading the currencies potential revaluation that is talked about. I hear China uses Viet Nam as their cheap labor force and have recently bought huge stakes in the countries banking system.. With China going for the gold, a stronger VND would be in their favor!!