ChineseTiger1986
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Before Gorbachev chose 100% privatize, USSR was already on high risk of bankruptcy, thats why they reduced aid to VN during 80s. 100% privatize the state-owned economy only made USSR collapse faster.
USSR made some serious strategic mistakes, that's why their economy was tumbling down in the 1980s, and the privatization had only killed them faster.
USA is not convincing VN to 100% privatize your strategic SOEs coz they need a strong VN to contain China in East sea now. As I said: VN dont bow down and accept US's rule on our island like China, so we will do what is good for VN despite US like or not
Don't be so sure, USA right now is hungry for meat, and they indeed view your SOE as some good chunk of meat for the dinner.
So they will bribe your corrupt officials to sell the share of your SOE to them with some very low price.
Your corrupt officials will indeed be pleased to do that, because to sell off the SOE can erase their criminal records of stealing the money from the SOE.
After that, they will try to legalize their booty money by supporting the 'western democracy' and to overthrow your government.
At the end, USA can control your SOE with only 1/1000 of its actual value as the payable price, while your corrupt officially can legalize their booty money which was stolen from your people.
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