BERAL, INC.
Andrew Racz
Director of Research
300 East 54 Street, Suite 26C
New York, NY 10022
Phone: (212) 319-6949
Fax: (212) 753-1944
E-mail: mlikar@aol.com

VIETNAM –WEST OF HONG KONG

March 11, 2013

The world was in a state of confusion, fear and economic stagnation when an individual emerged – a Quaker coming from a poor family of grocers who first stood for pure anticommunist views, but as he worked himself up in politics achieving the White House, he realized that the confrontation between East and West – Far East and Europe, was not only totally unnecessary but dangerous. Furthermore, there is a desirability of working together, developing economic leagues and delivering a new world to a world population which is 7 ½ billion today.

Richard Nixon became president of the United States in 1968, and making peace between the United States and China was on his agenda.

He was convinced that the Vietnam War was totally unnecessary and actually a tragedy on a day to day basis.

He had written to Ho Chi Ming before he was inaugurated asking for a meeting in order to talk about ending this unnecessary war.

Did Nixon foresee the economic possibility of world peace? It is interesting that modern history mentions individuals like Hitler and Stalin with the desire for world dominance. Very few people recognized with the exception of perhaps people in China and Vietnam that Richard Nixon was the first politician – American politician – who believed not in world domination, but world trade and world cooperation. He was not just an American president, but was the architect of Far East peace.

The world as we know it today basically began on August 15, 1971 on a Sunday when Richard Nixon delivered a speech and enacted an executive order where Americans were stopped foreigners from purchasing American gold and started the floating currency system. In many respects he created the world monetary base as opposed to a power base. Nevertheless, in 1971 the world changed. Nixon was helped by Secretary of Treasury , the late Governor John B. Connolly who had created an understanding that the world is now going to run on money and as such, it will be competing and developing itself on money alone. He put it in a colorful language saying that the dollar is American currency and it is everybody else’s problem. In other words every country ‘s independent development is essential; in fact, there is no alternative and a country must be run on monetary values.

It is interesting to point out that 3½ billion people live in the Far East. In 2012, Indonesia was a member of the G20. In 2012, Vietnam was a member of the WDO..

This is pure capitalism. And this philosophy of capitalism was built on monetary values … people work, earn money, countries develop their own currencies and own monetary assets and try to create monetary services.

The Far East began what’s called their own individual form of capitalism. In the Far East at some stage, several countries went through the horrors and the system of communism, but it should be pointed out loud and clear, none of the Far Eastern countries today live under the Leninist ideas.

What did Lenin basically stand for? He advocated an artificial equality between people but basically the result is a government which cannot provide for its people by taking from the so-called rich and giving it to the poor. This system has been a total and undisputable tragedy in every country where it was tried.

After all, 20 years ago when the Soviet Union collapsed, Russia a big country of 200 million people, and their so-called satellite nations of another 200 million people and another 150 million people in the other 15 nations who originally belonged to Stalin’s empire, all of these people – rejected Socialism and turned to capitalism.

It is not the same when it comes to Western Europe and America. Both the United States and France have parliamentary and sociological systems which is using taxation in such a way that the rich are giving up money they have acquired, assets they have acquired and are forced through the legislation to distribute these to the poorer people.

The system is a failure. The system can be measured on a yearly basis and due to slowing growth results in less monetary value to individuals who were poor before the Leninistic philosophy was adopted and if they were poor before, they get poorer with implementation of such theory.

And now let’s return to money. The fact remains that in terms of currency, gold ,dollars, yen and Swiss francs – the Far Eastern countries whose leadership finally rejected Lenin’s theories and encouraged capitalism now have the world’s monetary reserves. China alone has $3 trillion reserves in dollars and gold. Vietnam after 20 years of capitalism is already a surplus country. In contrast, the United States has a debt of $17 trillion dollars. The world which we live in March 2013, is favoring capitalistic production and capitalistic development as opposed to the tragedy of implementing Lennin’s theories. The Far East nations were the countries which saved the various US banks and financial institutions in the year 2007 and 2009. The capitalist surplus of the Middle East nations, small in numbers but big in reserves, together with Singapore, China and India are buying up the choice real estate in the West.

All indicate that the Far East is winning and the Western Europe and America are losing.

Vietnam is on the plus side and in 10 years’ time, they will be much more in the plus side. Vietnam and China have a large population which are in rural areas and every year moving toward the cities; therefore a very healthy possibility for internal growth as well. They are export nations – China is perhaps the most powerful capitalist nation in the world and there is no reason not to assume that Vietnam in 10 or 15 years will buy up the Trump Tower on 5th Avenue.

In a sarcastic manner, what we can learn from a change in the world is that Far East is an illustration that Lenin”s theories were poison. Finally, countries comprising the Far East- China, Vietnam and Indonesia - illustrate the saying that those who don’t work, shouldn’t eat. If Lenin were alive today, he himself would be on food stamps. 

Disclaimer

Information contained herein is based on data obtained from recognized statistical services, issuers reports or communications or other sources believed to be reliable. However, such information has not been verified by us and we do not make any representation to its accuracy or completeness. Any statement non-factual in nature constitutes only current opinions which are subject to change. BERAL INC. or their officers, directors, analysts or employees may have positions in the securities or commodities referred to herein, and may as principal or agent buy and sell such securities or commodities. An employee, analyst, officer or a director of BERAL INC. may serve as a director for companies mentioned in this report. Neither the information nor any comment expressed shall constitute an offer to sell or a solicitation of an offer to buy any securities or commodities mentioned herein. There may be instances when fundamental, technical and competitive opinions may not be in concert. This firm may from time to time perform investment banking or other services for or which investment banking or other businesses from any company mentioned in this report.

 

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Andrew Racz. 300 East 54 Street, Suite 26C, New York, NY 10022
Phone: (212) 319-6949 Fax: (212) 753-1944. E-mail: mlikar@aol.com

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