How much will you get back if you deposit in collapsed banks in Laos?

Date: Oct 31, 2009

How much will you get back if you deposit in collapsed banks in Laos?

Date: Oct 31, 2009

Banks in Laos should have depository guarantee by government regulations. They must be controlled by the laws of the state for the safety of the depositors' accounts for the protection of their money.

Date: Oct 31, 2009

Stick to the Lao banks in Laos, not the Thai ones. China has had a strong hand in Lao monetary policy since the late 90s, and the Chinese know how to handle money. Remember when the kip was inflating about 10% per week? And they chucked the Treasury guy who was the only fellow with an economics degree in the whole country? Well the chinese "donated" a lot of cash and sent in some of their green eye shade types and things have been hunky dory ever since. Look what the kip has done against the dollar!

Some day the Chinese are going to allow the RMB to find it's own level, look for the kip to go up then.

Date: Oct 31, 2009

How did the bank collapsed?

Was is earth quake?

Was is Fire?

Was is typhoon Ketsana?

Was is raining very hard?

It is a bank. Why don't they build it stronger?

Lao engineers need to design better building for a bank so it will not collapse this easily.

Date: Oct 31, 2009

if the bank system is collapsed!!!
If the bank goes bankrupt!!!

Financial Engineers can build system so that the financial system will not collapse, not bankrupt ...

Date: Oct 31, 2009

Anonymous wrote:

How did the bank collapsed?
Was is earth quake?
Was is Fire?
Was is typhoon Ketsana?
Was is raining very hard?
It is a bank. Why don't they build it stronger?

Lao engineers need to design better building for a bank so it will not collapse this easily.

Maybe he meant bankrupt.

Date: Oct 31, 2009

Anonymous wrote:

How did the bank collapsed?
Was is earth quake?
Was is Fire?
Was is typhoon Ketsana?
Was is raining very hard?
It is a bank. Why don't they build it stronger?

Lao engineers need to design better building for a bank so it will not collapse this easily.

I really think, that the gentleman mean financial collaped, just like 1997 Asians economics collaped, remember that?? when they mixed the word collape with the financial term, It' mean, Is it save for the their money if something like 97 happen again or financial crisis, or market crash?? the words collape, crisis, crash. not alway associate with natural disaster.also invole with many sports too.

Date: Oct 31, 2009

Anonymous wrote:

Stick to the Lao banks in Laos, not the Thai ones. China has had a strong hand in Lao monetary policy since the late 90s, and the Chinese know how to handle money. Remember when the kip was inflating about 10% per week? And they chucked the Treasury guy who was the only fellow with an economics degree in the whole country? Well the chinese "donated" a lot of cash and sent in some of their green eye shade types and things have been hunky dory ever since. Look what the kip has done against the dollar!

Some day the Chinese are going to allow the RMB to find it's own level, look for the kip to go up then.

That's good news. Wonder if this is related to US treasury's lowering the value of a dollar on purpose. I believe this strategic move was to boost US Export in foreign markets during economic crisis.

Date: Nov 1, 2009

I don't think it's FDIC insured. Most Lao banks are not globally recognized and do not have monetary strenght in the global economy.
I remember back in the 60s, our parent lose all of of our money when it was converted to new KIP.
To be smart about it, I would not put a lot of of money in Lao bank.
Hope that helps.
Kaoniaw

Date: Nov 1, 2009

No bank outside of the US is FDIC insured. By definition the FDIC is a US institution.

I think the Lao government is better at running their banking system than the US is at running theirs, mostly due to technical assistance from the Chinese, and the pervasive high level of corruption in the US.

The biggest banks in the US aren't insured, nor are deposits over 200K, and soon that number will return to 100k of deposits with insurance.

US banks are run as large gambing casinos. The investors and mangers of the banks make lots of money if they win and if they lose the citizens of America cover the losses.

Date: Nov 1, 2009

he is son of a whore a stupid fucccc hahaha many posts he erases and he made many people mad because he is an assshole. the post about environmental also deleted why, why asssshile why. every one want to cuss the webmasterfuccccer a son of hooker you dum bitchhhhhh------------hahahhahahhhah you stupid fucccccer. you are pusssypuss-pussy-pussyyyyyyyyyyyyyyy

Date: Nov 1, 2009

he is son of a whore a stupid fucccc hahaha many posts he erases and he made many people mad because he is an assshole. the post about environmental also deleted why, why asssshile why. every one want to cuss the webmasterfuccccer a son of hooker you dum bitchhhhhh------------hahahhahahhhah you stupid fucccccer. you are pusssypuss-pussy-pussyyyyyyyyyyyyyyy

Date: Nov 1, 2009

Anonymous wrote:

Stick to the Lao banks in Laos, not the Thai ones. China has had a strong hand in Lao monetary policy since the late 90s, and the Chinese know how to handle money. Remember when the kip was inflating about 10% per week? And they chucked the Treasury guy who was the only fellow with an economics degree in the whole country? Well the chinese "donated" a lot of cash and sent in some of their green eye shade types and things have been hunky dory ever since. Look what the kip has done against the dollar!

Some day the Chinese are going to allow the RMB to find it's own level, look for the kip to go up then.

he is son of a whore a stupid fucccc hahaha many posts he erases and he made many people mad because he is an assshole. the post about environmental also deleted why, why asssshile why. every one want to cuss the webmasterfuccccer a son of hooker you dum bitchhhhhh------------hahahhahahhhah you stupid fucccccer. you are pusssypuss-pussy-pussyyyyyyyyyyyyyyy

Date: Nov 1, 2009

he is son of a whore a stupid fucccc hahaha many posts he erases and he made many people mad because he is an assshole. the post about environmental also deleted why, why asssshile why. every one want to cuss the webmasterfuccccer a son of hooker you dum bitchhhhhh------------hahahhahahhhah you stupid fucccccer. you are pusssypuss-pussy-pussyyyyyyyyyyyyyyy

niya · Guru

Watches are a beautiful thing. Certainly, they tell us the time - but aren't they so much more than that? replicas watches Through their watches, a person can express so much, and in a way it could be said:replicas watches Show me your watch and I'll tell you who you are.