WHERE IS THE MONEY GET IN THE LAST 6 MONTHS – PREDICT THE YEAR-END RATE WILL GROW
One of the most intense and persistent emotions in the financial markets is when swords have pierced the heart and bleed, but they refuse to withdraw but persistently sow hope.
Sowing hope when there is good news, but only the next day there is 1 more bad news.
So where is the nature of the market? Is the State Bank lowering interest rates really … lowering interest rates? What is the significance?
Mr Phung Le Lam Hai – Chairman, Investment Director of Equitix Investing – predicts that interest rates will continue to increase at the end of the year.
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REDUCE INTEREST RATE FOR NEW LOAN CONTRACTS, KEEP INTEREST RATE FOR OLD LOAN CONTRACTS, MEANING…
– Foreclosure sooner.
– When 20,000,000 people are mortgaging real estate to borrow from banks in previous years due to the bailout monetary policies being launched on the market (Leading Excess Money + Commodities to decrease) it will create inflation and now they can’t pay interest + the amount of money outstanding in the bank of nearly 2 million billion will have to be absorbed into this foreclosed real estate.
“The sad news is that it is easy to see that some guys’ houses are forced to be taken because they no longer have enough money to pay interest and want to sell their house even though it is reduced, but they can’t sell it even though they really want liquidity.” – According to Mr. Hai.
By: Pumping for the backyard to establish a production and trading company.
– If the situation persists, the interest rate on old loan contracts decreases, the economy:
a) 20,000,000 people who mortgage real estate have not lost their homes forever.
b) Idle 2 million billion VND with no place to absorb will cause long-term inflation, leading to hyperinflation, and society will be in chaos.
Our state cannot let the country hyperinflation.
The current reality of psychology: With a new loan contract, the number of people with assets to borrow is very little, or there is no need to borrow.
At the end of 2023, the State Bank will announce a sharp increase in interest rates, if left for a long time, society will be chaotic.
So, it will be mid to late 2024 that the market will return. Who has cash, please keep it tight.