Q. The French colonized Vietnam until the 50s when North Vietnamese communist factions succeeded in driving them out. The USA fully engaged with the Cold War between itself and the Soviet Union quickly involved itself in the region to ensure that the balance of power in that region did not tip towards the Soviets. It put its support behind the South Vietnamese who were opposed to the North.
What the US failed to recognize, was that the Viet Cong were never interested in the broader interests served by the Cold War. Their one aim was to gain self determination. Having been colonized by the French, they fought bitterly against the US, who they saw to be next in line as an imperial conqueror.
They fought much harder than anyone in US intelligence could have predicted and the "soft" Americans unaccustomed to the jungle surroundings found themselves at a disadvantage. This ultimately led to the first American defeat in warfare. Something from which the US has never truly recovered.
What the US failed to recognize, was that the Viet Cong were never interested in the broader interests served by the Cold War. Their one aim was to gain self determination. Having been colonized by the French, they fought bitterly against the US, who they saw to be next in line as an imperial conqueror.
They fought much harder than anyone in US intelligence could have predicted and the "soft" Americans unaccustomed to the jungle surroundings found themselves at a disadvantage. This ultimately led to the first American defeat in warfare. Something from which the US has never truly recovered.
A. K-9, me again and you're beginning to fuck me off. Let's cut the bullshit, throw out the asshole historical data that gets put on the news and in the history books and look at bare facts! Myth: The United States lost the war. Fact: The American military was not defeated in Viet-Nam. They lost no battles of any consequence and from a military standpoint it was almost an unprecedented performance by American armed forces. The last American troops, excluding embassy personnel left Viet-Nam ENTIRELY, 29 March 1973. The fall of Saigon occurred 30 April 1975, two years AFTER the US left Vietnam. Concerning the evacuation on that day out of 140,000 people very few were US military personnel and those again were assigned to the US embassy there.America did not lose the war... South Vietnam DID! Giap, who many have said was in the same league as MacArthur, Grant, Lee, etc. was defeated at every turn in major engagements with the US troops, especially with TET of 1968, which resulted in the death of 45,000+ NVA troops and slamming the Viet Cong so hard in South Vietnam that that insurgency group never did come close to the recovery of their former strength. Myth: Fighting in Viet-Nam was not as intense as in previous wars. FACT: The average infantryman in the South Pacific during WW2 saw about 40 days of combat in four years. The average infantryman in Viet-Nam saw about 240 days of combat in ONE YEAR thanks to the airmobile factor! Myth: The common belief that the "Domino Theory" was proven false. Fact: ASEAN (Association of Southeast Asian Nations); the Philippines, Indonesia, Malaysia,Singapore, and Thailand stayed free because of the USA's and its allies commitment to Vietnam. The Indonesians threw the Soviets out in 1966. Without that commitment, communism could have swept all the way to the Malacca Straits which is of GREAT strategic importance to the free world. If you ask people in these nations whose age group remembers those days, you might find out that they have a different opinion of who won and lost in Southeast Asia. Viet-Nam was definitely the turning point for Communism. Myth: Most Vietnam veterans were draftees. Fact: 66% of the men who served in RVN were volunteers. 66% of the men who served in WW2 were draftees. 70% of those 66% who were killed in Viet-Nam were volunteers. Myth: Most Vietnam vets were poor and uneducated ( I think you call them dummies) Fact: Vietnam veterans were the best educated people that this country had ever sent into combat. 79% had a high school education or better.( Anyone who has to make life and death decisions in a micro-second day by day ,far outweighs and outstands any college PH-D any day in my book and has received more of a education than any educated dummy that has a degree will ever get). No, The United States, it's military policies, and military personnel DID NOT LOSE THE VIETNAM WAR. SOUTH VIETNAM DID!!!!!!!!!!!!!!!!!!!! You, and the idiots like you, who don't know that they don't know, at least get some documented facts before you open your mouth and confuse it with your asshole!
current problems of corporate sector in pakistan?
Q.
A. (1) Corruption
http://en.wikipedia.org/wiki/Corruption_Perceptions_Index
(2) The power of the rural landowners in Pakistani politics
http://rethinkingmarxism.org/cms/node/1137
http://www.time.com/time/world/article/0,8599,1712917,00.html
http://www.csmonitor.com/World/Asia-South-Central/2010/0929/Biggest-hurdle-to-Pakistan-flood-recovery-Wealthy-landowners
(3) Leading to policies which make it impossible for Pakistan to deal with its other problems effectively:
- tax collection
http://www.nytimes.com/2010/07/19/world/asia/19taxes.html
- education (literacy rate under 50% - why would a landowner want his peasants to be educated? they might become uppity.)
https://www.cia.gov/library/publications/the-world-factbook/geos/pk.html
- land reform
etc.
In terms of "ease of doing business" Pakistan is #85 in the world:
http://www.doingbusiness.org/Data/ExploreEconomies/pakistan/
but note its ratings on anything having to do with the government: enforcing contracts, taxes, dealing with permits, etc.
http://en.wikipedia.org/wiki/Corruption_Perceptions_Index
(2) The power of the rural landowners in Pakistani politics
http://rethinkingmarxism.org/cms/node/1137
http://www.time.com/time/world/article/0,8599,1712917,00.html
http://www.csmonitor.com/World/Asia-South-Central/2010/0929/Biggest-hurdle-to-Pakistan-flood-recovery-Wealthy-landowners
(3) Leading to policies which make it impossible for Pakistan to deal with its other problems effectively:
- tax collection
http://www.nytimes.com/2010/07/19/world/asia/19taxes.html
- education (literacy rate under 50% - why would a landowner want his peasants to be educated? they might become uppity.)
https://www.cia.gov/library/publications/the-world-factbook/geos/pk.html
- land reform
etc.
In terms of "ease of doing business" Pakistan is #85 in the world:
http://www.doingbusiness.org/Data/ExploreEconomies/pakistan/
but note its ratings on anything having to do with the government: enforcing contracts, taxes, dealing with permits, etc.
I'm looking for the rate of default and loss in consumer finance (as annual percent), specially in Asia.?
Q.
A. The average charge-off ratio for Hong Kong banks' credit card portfolios reached 13.25% in 2002, more than double the previous year's 5.46% rate. In addition, the bankruptcy rate soared from an annual figure of 639 in 1997 to 25,328 in 2002.
In 2005: Credit card charge-off ratio in Hong Kong reaches seven year low - Thanks to the strong economic recovery and improved job prospects, according to the latest data released by the HKMA, the credit card charge-off ratio in the first quarter of this year dropped to 0.8 percent. The annualised charge-off ratio declined further to 3.18 percent, the lowest since the third quarter of 1998.
More recently: Credit card charge-off ratio dropped to 3.13 percent last quarter
2007-02-16 Hong Kong
The Hong Kong Monetary Authority shows that total card receivables rose by 11.8 percent (or approximately US$1.0 billion) in the fourth quarter of 2006, despite a transfer of US$14.1 million of rescheduled receivables outside the credit card portfolio during the quarter. The increase was largely due to the payment of salary tax using credit cards and festive spending in December. The charge-off amount increased in the fourth quarter to US$69.2 million from US$67.9 million in the previous quarter. However, the annualised charge-off ratio dropped to 3.13 percent due to the strong growth in total card receivables.
In 2005: Credit card charge-off ratio in Hong Kong reaches seven year low - Thanks to the strong economic recovery and improved job prospects, according to the latest data released by the HKMA, the credit card charge-off ratio in the first quarter of this year dropped to 0.8 percent. The annualised charge-off ratio declined further to 3.18 percent, the lowest since the third quarter of 1998.
More recently: Credit card charge-off ratio dropped to 3.13 percent last quarter
2007-02-16 Hong Kong
The Hong Kong Monetary Authority shows that total card receivables rose by 11.8 percent (or approximately US$1.0 billion) in the fourth quarter of 2006, despite a transfer of US$14.1 million of rescheduled receivables outside the credit card portfolio during the quarter. The increase was largely due to the payment of salary tax using credit cards and festive spending in December. The charge-off amount increased in the fourth quarter to US$69.2 million from US$67.9 million in the previous quarter. However, the annualised charge-off ratio dropped to 3.13 percent due to the strong growth in total card receivables.
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