"I was recently in Vietnam, a country with an annual GDP per capita of approximately US$300. I was stunned by the sight of what seemed to be millions of motorcycles
crowding the streets of Hanoi, Ho Chi Minh City, and the coastal city of Danang, where five years ago there were very few! This was especially surprising, since there is not yet a consumer credit system in Vietnam "
from the gloom boom and doom report
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