RVPleaseToday Posted April 30, 2015 Report Share Posted April 30, 2015 All this talk about Iraq wanting a credit rating. Vietnam has a credit rating. Vietnam | Credit Rating Standard & Poors credit rating for Vietnam stands at BB-. Moodys rating for Vietnam sovereign debt is B2. Fitchs credit rating for Vietnam is B+. In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of Vietnam thus having a big impact on the country's borrowing costs. This page provides - Vietnam | Credit Rating - actual values, historical data, forecast, chart, statistics, economic calendar and news. 4/30/2015 3 Link to comment Share on other sites More sharing options...
The Machine Posted April 30, 2015 Report Share Posted April 30, 2015 yeah vietnam has a credit rating ..... they also have an internationally tradable currency 5 Link to comment Share on other sites More sharing options...
RVPleaseToday Posted April 30, 2015 Author Report Share Posted April 30, 2015 And their currency is still not worth squat. 3 Link to comment Share on other sites More sharing options...
RVPleaseToday Posted April 30, 2015 Author Report Share Posted April 30, 2015 So where's the secret sauce that will trigger an RV for Iraq that hasn't triggered an RV for Vietnam? 3 Link to comment Share on other sites More sharing options...
SgtFuryUSCZ Posted April 30, 2015 Report Share Posted April 30, 2015 So where's the secret sauce that will trigger an RV for Iraq that hasn't triggered an RV for Vietnam? ***/// Stuck to the cushions of TheBigBlueCouch... Link to comment Share on other sites More sharing options...
The Machine Posted April 30, 2015 Report Share Posted April 30, 2015 (edited) And their currency is still not worth squat. thats because their country is worth squat So where's the secret sauce that will trigger an RV for Iraq that hasn't triggered an RV for Vietnam? there is no secret sauce ..... the dong will never amount to anything, well no time soon Edited April 30, 2015 by The Machine 2 Link to comment Share on other sites More sharing options...
rockfl9 Posted April 30, 2015 Report Share Posted April 30, 2015 The key thing here is that to get a rating the GOI MUST GIVE 3 YEARS A 1 Link to comment Share on other sites More sharing options...
RVPleaseToday Posted April 30, 2015 Author Report Share Posted April 30, 2015 O.K. So it takes a credit rating, an internationally traded currency, a lot of oil underground, security, an HCL, billions in loans from the IMF, all the currency removed from the country, Maliki strung up on a tree,....and, and, and, and... 1 Link to comment Share on other sites More sharing options...
rockfl9 Posted April 30, 2015 Report Share Posted April 30, 2015 OF financials ! They did not really close the book on 2014! 1 Link to comment Share on other sites More sharing options...
RVPleaseToday Posted April 30, 2015 Author Report Share Posted April 30, 2015 Every time all the things that were supposed to trigger the RV have happened, someone glums onto a new announcement, which is then added to the list of "ands." 1 Link to comment Share on other sites More sharing options...
The Machine Posted April 30, 2015 Report Share Posted April 30, 2015 (edited) O.K. So it takes a credit rating, an internationally traded currency, a lot of oil underground, security, an HCL, billions in loans from the IMF, all the currency removed from the country, Maliki strung up on a tree,....and, and, and, and... well you seem to have all the answers why dont you enlighten the rest of us oh great one Im sure there is a huge laundry list of things that need to be done .... things we probably havent thought about yet .... but there getting done, it cant happen over night, building a country takes time Edited April 30, 2015 by The Machine 3 Link to comment Share on other sites More sharing options...
RVPleaseToday Posted April 30, 2015 Author Report Share Posted April 30, 2015 (edited) The Dinar will increase in value gradually over the years as Iraq slowly grows their economy...just like every other economy in the world. Edited April 30, 2015 by RVPleaseToday 2 Link to comment Share on other sites More sharing options...
The Machine Posted April 30, 2015 Report Share Posted April 30, 2015 (edited) The Dinar will increase in value gradually over the years as Iraq slowly grows their economy...just like every other economy in the world. is that a fact or your opinion. I'd love to chat back and forth all night but its quite late here and i'm up early for work ..... so to be continued tomorrow Edited April 30, 2015 by The Machine 1 Link to comment Share on other sites More sharing options...
RVPleaseToday Posted April 30, 2015 Author Report Share Posted April 30, 2015 Exactly. Building a country takes time. It could take decades more. Our real hope is that they don't demonetize the currency we hold before that happens. Is a 100,000 percent RV a fact? 2 Link to comment Share on other sites More sharing options...
rockfl9 Posted April 30, 2015 Report Share Posted April 30, 2015 Dont need an accepted currency to sell the bonds . they will be priced in dollars or ouros an paid back in same. 1 Link to comment Share on other sites More sharing options...
The Machine Posted April 30, 2015 Report Share Posted April 30, 2015 Is a 100,000 percent RV a fact? no its not but its just as viable as your opinion .... who knows what their going to do ..... that is why its called speculation. 2 Link to comment Share on other sites More sharing options...
RVPleaseToday Posted April 30, 2015 Author Report Share Posted April 30, 2015 Yes, rock, but when they sell those bonds without the International currency, folks will forget about this current bluster. 1 Link to comment Share on other sites More sharing options...
rockfl9 Posted April 30, 2015 Report Share Posted April 30, 2015 The Dinar will increase in value gradually over the years as Iraq slowly grows their economy...just like every other economy in the world. I think that is still a risky call. 1 Link to comment Share on other sites More sharing options...
RVPleaseToday Posted April 30, 2015 Author Report Share Posted April 30, 2015 (edited) no its not but its just as viable as your opinion .... who knows what their going to do ..... that is why its called speculation. My opinion has been the normal course of growth for countries. A 100,000 percent RV has never happened. The likelyhood isn't, in fact, the same. Edited April 30, 2015 by RVPleaseToday 1 1 Link to comment Share on other sites More sharing options...
caz1104 Posted April 30, 2015 Report Share Posted April 30, 2015 LOL!!!! Monday morning financial/expert that at one time owned DINAR.............buuuuuuuuuuuuuuut now is an expert......LOL LOL LOL. Your like everyone else that spews the same ol shiiiiite.................a CARTOON CHARACTER pretending to be someone they ain't. 2 1 Link to comment Share on other sites More sharing options...
pchester Posted April 30, 2015 Report Share Posted April 30, 2015 Come-on RVplease, Why in the world are you still hanging around...I'm sure you sold all you wall paper...lol 2 2 Link to comment Share on other sites More sharing options...
RVPleaseToday Posted April 30, 2015 Author Report Share Posted April 30, 2015 (edited) Attacking me personally won't make the RV happen, you know. But if it makes you feel superior, have at it. There is money to be made with the Dinar; but, it's going to a much longer slog than we at first imagined. Edited April 30, 2015 by RVPleaseToday 4 1 Link to comment Share on other sites More sharing options...
RVPleaseToday Posted May 1, 2015 Author Report Share Posted May 1, 2015 The history off the Vietnam Dong exchange rate. (Toward the middle of the document). Kind of interesting read. http://intl.econ.cuhk.edu.hk/exchange_rate_regime/index.php?cid=12 1 Link to comment Share on other sites More sharing options...
waldowould Posted May 3, 2015 Report Share Posted May 3, 2015 Everyone ask yourself what is currency based upon, but then again it may be too deep a question for some. Iraq wealth is basically oil but then again Vietnam is based manufacturing so take your pick but remember everything evolves and history does repeat itself. 2 2 Link to comment Share on other sites More sharing options...
rockfl9 Posted May 4, 2015 Report Share Posted May 4, 2015 The BIG DEAL would be the of the rating they get. Even a poor rating is better than no rating . . That would set the interest rate and terms they get. I see they have told the finance committee to clean up loose ends on 2005 thru 2013 budgets. 2014 missing may be a problem. 1 1 Link to comment Share on other sites More sharing options...
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