From a financial and economic perspective, those who spend more and contribute more credit (debt, but good debt) to the economy are… valuable. We rank them as follows:
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Women (mothers, wives, girlfriends…)
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Children
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Dogs
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Men
When comparing value, we men rank even below the dog. 🥹
Men, when buying houses, cars, or household items, are essentially doing so for groups 1 and 2. Even pet food and supplies often demand more spending than men’s own needs.
The economy functions because new demands are created. New demands arise through marketing and consumerism: Lending – Borrowing – Spending – Debt – Repayment.
A new cycle only restarts when men take on debt for business ventures, showcasing their masculinity and work ethic to please the first three groups. They contribute credit to keep the economy running and initiate a new cycle.
If men buy gold, no new credit is created because every dollar spent on gold becomes a stored asset.
In 2024, if men are still sipping coffee in the morning, having tea in the afternoon, and buying gold, the economy will take a long time to recover. Investing in gold means we are in a non-consumption phase of the economy.
In 2025, after Tet, the Southern region remains sluggish and not as lively as in previous years. This is because Saigon and the South thrive on a consumer-driven economy. Consumption drives production demand (not the other way around). Production demand leads to borrowing, credit expansion, and sustains the entire business ecosystem, supply chain, and goods/services distribution.
The South is known as the “land of making a living” due to its consumption-driven nature. It is not that Southern people are wasteful; we must understand this unique economic characteristic.
When borrowing involves good debt, every dollar borrowed creates wealth, assets, and labor surplus, contributing to national development. Such men need to be multiplied, through Equitix. 🤭
The South is an economically open land that welcomes everyone because it is the nation’s consumption hub.
So, when you see the South consuming strongly, it is not wastefulness but a necessary economic characteristic pulling Vietnam’s economy upward.
Conversely, if we men continue to save and buy gold, Vietnam will regress. Borrowing for business creates multiple assets from each borrowed dollar, unlike a dollar spent on gold, which only results in a stored asset.
National resources are dwindling. Average wages are no longer cheap. Expenses continue to rise. Asset costs are high due to past inefficiencies. As a result, life becomes increasingly difficult. This is Japan and Korea’s current reality.
Reluctance to have children. High real estate costs. High public debt. High expenses and capital costs. Aging population. Low productivity, social disorder. Food crisis. And… losing their position soon.
Vietnam is compelled to pursue productivity as proposed by the Government. There is no other way. Otherwise, we will… grow old before we become rich.
Development is inevitable.
Those with talent, who grow ethically, will surely be given opportunities to rise. That is why men with real education, real work, and real experience will be affirmed from 2025 onward. This is the nation’s defining moment and opportunity, folks.
Saigon: Financial, economic, and consumer hub.
Hanoi: Political, cultural, policy, and diplomatic center.
Good evening.
#Equitix
#Gold
#Debt