M\u1ecdi chuy\u1ec7n s\u1ebd k\u1ebft th\u00fac nh\u01b0 th\u1ebf n\u00e0o?<\/strong><\/p>\n\nBong b\u00f3ng gi\u00e1 t\u00e0i s\u1ea3n c\u00f3 th\u1ec3 tho\u00e1t kh\u1ecfi cu\u1ed9c kh\u1ee7ng ho\u1ea3ng t\u00e0i ch\u00ednh nh\u01b0 \u0111\u00e3 x\u1ea3y ra trong bong b\u00f3ng c\u00f4ng ngh\u1ec7. Ch\u00fang t\u00f4i kh\u00f4ng th\u1ec3 bi\u1ebft khi n\u00e0o t\u00e2m l\u00fd nh\u00e0 \u0111\u1ea7u t\u01b0 s\u1ebd kh\u00f4ng c\u00f2n l\u1ea1c quan nh\u01b0 b\u00e2y gi\u1edd n\u1eefa v\u00e0 n\u00f3 c\u00f3 th\u1ec3 s\u1ebd \u0111\u1ebfn sau \u0111\u1ee3t chi ti\u00eau cu\u1ed3ng nhi\u1ec7t m\u00e0 t\u00f4i mong \u0111\u1ee3i m\u1ed9t khi ch\u00fang t\u00f4i \u0111\u1eb7t COVID l\u1ea1i ph\u00eda sau.<\/p>\n\n
Tuy nhi\u00ean, r\u1eafc r\u1ed1i \u0111ang n\u1ea3y sinh khi xem x\u00e9t t\u1ea5t c\u1ea3 c\u00e1c kho\u1ea3n n\u1ee3 c\u1ee7a ch\u00ednh ph\u1ee7 v\u00e0 doanh nghi\u1ec7p \u0111\u1ec1u b\u1ecb \u1ea3nh h\u01b0\u1edfng b\u1edfi COVID. C\u00f3 m\u1ed9t s\u1ed1 c\u00e1ch \u0111\u1ec3 tho\u00e1t kh\u1ecfi \u0111i\u1ec1u n\u00e0y.<\/p>\n\n
1. Ch\u00fang ta tr\u01b0\u1edfng th\u00e0nh t\u1eeb \u0111\u00f3<\/strong><\/p>\n\n\u0110\u00e2y kh\u00f4ng ph\u1ea3i l\u00e0 \u0111i\u1ec1u ch\u01b0a t\u1eebng c\u00f3. Trong Th\u1ebf chi\u1ebfn th\u1ee9 nh\u1ea5t v\u00e0 Th\u1ebf chi\u1ebfn th\u1ee9 hai, n\u1ee3 ch\u00ednh ph\u1ee7 t\u0103ng v\u1ecdt. Tuy nhi\u00ean, sau c\u1ea3 hai cu\u1ed9c chi\u1ebfn tranh, n\u1ec1n kinh t\u1ebf \u0111\u00e3 c\u00f3 s\u1ef1 t\u0103ng tr\u01b0\u1edfng m\u1ea1nh m\u1ebd nh\u1edd nhu c\u1ea7u ti\u00eau d\u00f9ng m\u1ea1nh m\u1ebd v\u00e0 \u0111\u1ea7u t\u01b0 m\u1ea1nh m\u1ebd. N\u00f3 c\u00f3 th\u1ec3 x\u1ea3y ra l\u1ea7n n\u1eefa. Sau v\u00e0i th\u1eadp k\u1ef7 t\u0103ng tr\u01b0\u1edfng n\u0103ng su\u1ea5t tr\u00ec tr\u1ec7, ch\u00fang ta c\u00f3 th\u1ec3 \u0111ang tr\u00ean \u0111\u00e0 b\u00f9ng n\u1ed5 n\u0103ng su\u1ea5t. COVID \u0111\u00e3 d\u1eabn \u0111\u1ebfn s\u1ef1 gia t\u0103ng l\u1edbn trong vi\u1ec7c \u00e1p d\u1ee5ng thanh to\u00e1n k\u1ef9 thu\u1eadt s\u1ed1, y t\u1ebf t\u1eeb xa, t\u1ef1 \u0111\u1ed9ng h\u00f3a c\u00f4ng nghi\u1ec7p, gi\u00e1o d\u1ee5c tr\u1ef1c tuy\u1ebfn, th\u01b0\u01a1ng m\u1ea1i \u0111i\u1ec7n t\u1eed v\u00e0 l\u00e0m vi\u1ec7c t\u1eeb xa. Tr\u00ean h\u1ebft, t\u1ed1c \u0111\u1ed9 ph\u00e1t tri\u1ec3n c\u1ee7a v\u1eafc xin mRNA mang l\u1ea1i hy v\u1ecdng r\u1eb1ng s\u1ebd c\u00f3 nhi\u1ec1u \u0111\u1ed5i m\u1edbi h\u01a1n n\u1eefa trong l\u0129nh v\u1ef1c ch\u0103m s\u00f3c s\u1ee9c kh\u1ecfe.<\/p>\n
\n
![\"\"](\"https:\/\/fabricegrinda.com\/wp-content\/uploads\/2021\/02\/Image-8-1-1.png\")
<\/figure>\n<\/div>\n2. Ch\u00fang ta th\u1ed5i ph\u1ed3ng<\/strong><\/p>\n\nM\u1ef9 r\u00f5 r\u00e0ng c\u0169ng \u0111ang c\u1ed1 g\u1eafng t\u0103ng l\u1ea1m ph\u00e1t danh ngh\u0129a \u0111\u1ec3 gi\u1eef l\u00e3i su\u1ea5t th\u1ef1c \u1edf m\u1ee9c \u00e2m, gi\u00fap ch\u00ednh ph\u1ee7 gi\u1ea3m n\u1ee3, gi\u1ed1ng nh\u01b0 h\u1ecd \u0111\u00e3 l\u00e0m sau Th\u1ebf chi\u1ebfn 2. L\u00e3i su\u1ea5t th\u1ef1c hi\u1ec7n \u0111ang \u00e2m tr\u1edf l\u1ea1i.<\/p>\n
\n
![\"\"](\"https:\/\/fabricegrinda.com\/wp-content\/uploads\/2021\/02\/Image-9-1.png\")
<\/figure>\n<\/div>\nT\u1ef7 l\u1ec7 \u0111\u01b0\u1eddng cong l\u1ee3i su\u1ea5t kho b\u00e1u 5 n\u0103m c\u1ee7a Hoa K\u1ef3<\/strong><\/p>\n\n
![\"\"](\"https:\/\/fabricegrinda.com\/wp-content\/uploads\/2021\/02\/Image-10.png\")
<\/figure>\n<\/div>\nV\u1edbi quy m\u00f4 k\u00edch th\u00edch v\u00e0 nhu c\u1ea7u gia t\u0103ng d\u1ef1 ki\u1ebfn, t\u00f4i nghi ng\u1edd h\u1ecd s\u1ebd th\u00e0nh c\u00f4ng trong vi\u1ec7c \u0111\u1ea9y l\u1ea1m ph\u00e1t danh ngh\u0129a l\u00ean tr\u00ean 2% nh\u01b0 m\u1ee5c ti\u00eau c\u1ee7a Fed.<\/p>\n\n
L\u01b0u \u00fd r\u1eb1ng k\u1ebft qu\u1ea3 nh\u01b0 v\u1eady kh\u00f4ng ph\u1ea3i l\u00fac n\u00e0o c\u0169ng \u0111\u01b0\u1ee3c \u0111\u1ea3m b\u1ea3o. Nh\u1eadt B\u1ea3n \u0111\u00e3 th\u1ea5t b\u1ea1i trong vi\u1ec7c t\u1ea1o ra l\u1ea1m ph\u00e1t trong g\u1ea7n 30 n\u0103m qua m\u1eb7c d\u00f9 ch\u00ednh ph\u1ee7 chi ti\u00eau r\u1ea5t l\u1edbn v\u00e0 n\u1edbi l\u1ecfng \u0111\u1ecbnh l\u01b0\u1ee3ng. B\u1ea1n c\u0169ng c\u00f3 th\u1ec3 v\u01b0\u1ee3t qu\u00e1 gi\u1edbi h\u1ea1n v\u00e0 t\u1ea1o ra l\u1ea1m ph\u00e1t cao nh\u01b0 Zimbabwe \u0111\u00e3 nh\u1ea5n m\u1ea1nh trong hai th\u1eadp k\u1ef7 qua.<\/p>\n\n
L\u1ea1m ph\u00e1t \u0111\u01b0\u1ee3c ki\u1ec3m so\u00e1t trong kho\u1ea3ng 2-3% s\u1ebd l\u00e0 k\u1ebft qu\u1ea3 l\u00fd t\u01b0\u1edfng.<\/p>\n\n
<\/div>\n\n
3. Ch\u00fang t\u00f4i qu\u1ea3n l\u00fd th\u1eb7ng d\u01b0<\/strong><\/p>\n\nSau c\u1ea3 hai cu\u1ed9c chi\u1ebfn tranh th\u1ebf gi\u1edbi, \u0111\u00e3 c\u00f3 s\u1ef1 \u0111\u1ed3ng thu\u1eadn ch\u00ednh tr\u1ecb v\u00e0 x\u00e3 h\u1ed9i m\u1ea1nh m\u1ebd \u1ee7ng h\u1ed9 vi\u1ec7c h\u1ea1n ch\u1ebf ng\u00e2n s\u00e1ch v\u00e0 gi\u1ea3m n\u1ee3.<\/p>\n
\n
![\"\"](\"https:\/\/fabricegrinda.com\/wp-content\/uploads\/2021\/02\/Image-11.png\")
<\/figure>\n<\/div>\n\u0110\u1ee9c \u0111\u00e3 gi\u1ea3m t\u1ef7 l\u1ec7 n\u1ee3 tr\u00ean GDP t\u1eeb 82,4% n\u0103m 2010 xu\u1ed1ng 59,8% v\u00e0o n\u0103m 2019 nh\u1edd th\u1eb7ng d\u01b0.<\/p>\n
\n
![\"\"](\"https:\/\/fabricegrinda.com\/wp-content\/uploads\/2021\/02\/Image-12.png\")
<\/figure>\n<\/div>\n<\/div>\n\n
T\u01b0\u01a1ng t\u1ef1 nh\u01b0 v\u1eady, Hy L\u1ea1p bu\u1ed9c ph\u1ea3i th\u1ef1c hi\u1ec7n th\u1eb7ng d\u01b0 v\u00e0 s\u1eeda ch\u1eefa l\u1ed1i s\u1ed1ng hoang ph\u00ed c\u1ee7a m\u00ecnh nh\u01b0 m\u1ed9t ph\u1ea7n c\u1ee7a c\u00e1c \u0111i\u1ec1u ki\u1ec7n c\u1ee9u tr\u1ee3.<\/p>\n
\n
![\"\"](\"https:\/\/fabricegrinda.com\/wp-content\/uploads\/2021\/02\/Image-13.png\")
<\/figure>\n<\/div>\nQuan \u0111i\u1ec3m c\u1ee7a t\u00f4i v\u1ec1 nh\u1eefng g\u00ec s\u1ebd x\u1ea3y ra<\/strong><\/p>\n\nM\u1ef9 kh\u00f4ng c\u00f2n k\u1ef7 lu\u1eadt \u0111\u1ec3 \u0111i\u1ec1u h\u00e0nh th\u1eb7ng d\u01b0, nh\u01b0ng c\u00f3 th\u1ec3 ti\u1ebfp t\u1ee5c duy tr\u00ec th\u00e2m h\u1ee5t mi\u1ec5n l\u00e0 \u0111\u1ed3ng \u0111\u00f4 la v\u1eabn l\u00e0 \u0111\u1ed3ng ti\u1ec1n d\u1ef1 tr\u1eef to\u00e0n c\u1ea7u. Ng\u00e0y ph\u00e1n x\u00e9t s\u1ebd \u0111\u1ebfn nh\u01b0ng d\u01b0\u1eddng nh\u01b0 ch\u01b0a c\u00f3 trong th\u1eddi gian t\u1edbi n\u00ean n\u1ee3 c\u1ee7a M\u1ef9 s\u1ebd ti\u1ebfp t\u1ee5c ph\u00ecnh to.<\/p>\n
\n
![\"\"](\"https:\/\/fabricegrinda.com\/wp-content\/uploads\/2021\/02\/Picture14.png\")
<\/figure>\n<\/div>\nTrong m\u1ed9t th\u1eddi gian, t\u00f4i lo ng\u1ea1i r\u1eb1ng cu\u1ed9c kh\u1ee7ng ho\u1ea3ng t\u00e0i ch\u00ednh ti\u1ebfp theo s\u1ebd di\u1ec5n ra d\u01b0\u1edbi h\u00ecnh th\u1ee9c kh\u1ee7ng ho\u1ea3ng n\u1ee3 c\u00f4ng \u1edf m\u1ed9t n\u1ec1n kinh t\u1ebf l\u1edbn v\u00ec c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 lo ng\u1ea1i r\u1eb1ng n\u00f3 kh\u00f4ng c\u00f2n \u0111\u1ee7 kh\u1ea3 n\u0103ng chi tr\u1ea3 m\u1ee9c n\u1ee3 nh\u01b0 \u0111\u00e3 x\u1ea3y ra \u1edf Hy L\u1ea1p m\u1ed9t th\u1eadp k\u1ef7 tr\u01b0\u1edbc. \u00dd, v\u1edbi t\u1ef7 l\u1ec7 n\u1ee3 tr\u00ean GDP \u0111\u01b0\u1ee3c thi\u1ebft l\u1eadp s\u1ebd v\u01b0\u1ee3t qu\u00e1 150% v\u00e0o n\u0103m 2021, \u0111\u00e3 \u0111\u01b0\u1ee3c ngh\u0129 \u0111\u1ebfn. <\/p>\n
\n
![\"\"](\"https:\/\/fabricegrinda.com\/wp-content\/uploads\/2020\/03\/Group1.png\")
<\/figure>\n<\/div>\nT\u00f4i kh\u00f4ng c\u00f2n ch\u1eafc ch\u1eafn \u0111\u00f3 l\u00e0 k\u1ecbch b\u1ea3n c\u00f3 x\u00e1c su\u1ea5t cao nh\u1ea5t. Cu\u1ed9c kh\u1ee7ng ho\u1ea3ng \u0111\u1ed3ng euro cho th\u1ea5y ch\u00e2u \u00c2u s\u1eb5n s\u00e0ng l\u00e0m b\u1ea5t c\u1ee9 \u0111i\u1ec1u g\u00ec \u0111\u1ec3 b\u1ea3o v\u1ec7 \u0111\u1ed3ng euro v\u00e0 t\u00f4i cho r\u1eb1ng l\u1ea7n n\u00e0y c\u0169ng kh\u00f4ng ngo\u1ea1i l\u1ec7. M\u1eb7c d\u00f9 c\u00f3 th\u1ec3 x\u1ea3y ra m\u1ed9t cu\u1ed9c kh\u1ee7ng ho\u1ea3ng n\u1ee3 c\u00f4ng, nh\u01b0ng c\u00f3 l\u1ebd ch\u00fang ta s\u1ebd t\u00ecm ra c\u00e1ch \u0111\u1ec3 tho\u00e1t kh\u1ecfi n\u00f3.<\/p>\n\n
K\u1ebft qu\u1ea3 l\u00e0, t\u00f4i t\u1ef1 h\u1ecfi li\u1ec7u thay v\u00e0o \u0111\u00f3, cu\u1ed9c kh\u1ee7ng ho\u1ea3ng ti\u1ebfp theo s\u1ebd kh\u00f4ng x\u1ea3y ra nh\u01b0 m\u1ed9t cu\u1ed9c kh\u1ee7ng ho\u1ea3ng v\u1ec1 \u0111\u1ee9c tin m\u00e0 l\u00e0 v\u1ec1 c\u00e1c lo\u1ea1i ti\u1ec1n t\u1ec7 fiat hay kh\u00f4ng. T\u00f4i kh\u00f4ng th\u1ea5y \u0111i\u1ec1u n\u00e0y x\u1ea3y ra trong n\u0103m t\u1edbi ho\u1eb7c l\u00e2u h\u01a1n. Tuy nhi\u00ean, s\u1ebd c\u00f3 ng\u00e0y ph\u1ea3i ph\u00e1n x\u00e9t trong b\u1ed1i c\u1ea3nh ngu\u1ed3n cung ti\u1ec1n ng\u00e0y c\u00e0ng m\u1edf r\u1ed9ng k\u1ebft h\u1ee3p v\u1edbi m\u1ee9c t\u0103ng n\u1ee3 v\u00e0 th\u00e2m h\u1ee5t kh\u00f4ng b\u1ec1n v\u1eefng \u1edf h\u1ea7u h\u1ebft c\u00e1c qu\u1ed1c gia l\u1edbn tr\u00ean th\u1ebf gi\u1edbi. <\/p>\n\n
<\/div>\n\n
Nh\u1eefng c\u00e1 nh\u00e2n s\u1ed1ng qua bong b\u00f3ng n\u00e0y ph\u1ea3i l\u00e0m g\u00ec?<\/strong><\/p>\n\nKh\u00f4ng r\u00f5 t\u1ea1i sao v\u00e0 khi n\u00e0o bong b\u00f3ng s\u1ebd v\u1ee1, nh\u01b0ng c\u00f3 m\u1ed9t s\u1ed1 c\u00e1ch \u0111\u1ec3 chu\u1ea9n b\u1ecb s\u1eb5n s\u00e0ng khi n\u00f3 v\u1ee1.<\/p>\n\n
\u0110\u1ea7u ti\u00ean, trong m\u00f4i tr\u01b0\u1eddng n\u00e0y b\u1ea1n kh\u00f4ng n\u00ean s\u1edf h\u1eefu b\u1ea5t k\u1ef3 tr\u00e1i phi\u1ebfu n\u00e0o. L\u1ee3i su\u1ea5t c\u1ef1c k\u1ef3 th\u1ea5p v\u00e0 b\u1ea1n kh\u00f4ng \u0111\u01b0\u1ee3c \u0111\u1ec1n b\u00f9 cho r\u1ee7i ro v\u1ee1 n\u1ee3. \u0110\u1ed3ng th\u1eddi, b\u1ea1n c\u00f3 nguy c\u01a1 b\u1ecb l\u1ea1m ph\u00e1t.<\/p>\n\n
Th\u1ee9 hai, t\u00f4i s\u1ebd t\u0103ng \u0111\u00e1ng k\u1ec3 l\u01b0\u1ee3ng ti\u1ec1n m\u1eb7t n\u1eafm gi\u1eef c\u1ee7a b\u1ea1n l\u00ean 20% ho\u1eb7c h\u01a1n trong t\u00e0i s\u1ea3n c\u1ee7a b\u1ea1n. B\u1ea1n kh\u00f4ng ki\u1ebfm \u0111\u01b0\u1ee3c g\u00ec t\u1eeb s\u1ed1 ti\u1ec1n m\u1eb7t \u0111\u00f3 v\u00e0 b\u1ea1n s\u1ebd m\u1ea5t gi\u00e1 tr\u1ecb l\u1ea1m ph\u00e1t. Tr\u00ean h\u1ebft, n\u00f3 s\u1ebd b\u1ecb gi\u1ea3m gi\u00e1 tr\u1ecb trong m\u1ed9t cu\u1ed9c kh\u1ee7ng ho\u1ea3ng ti\u1ec1n t\u1ec7 fiat. Tuy nhi\u00ean, thanh kho\u1ea3n r\u1ea5t h\u1eefu \u00edch trong c\u00e1c lo\u1ea1i kh\u1ee7ng ho\u1ea3ng kh\u00e1c khi m\u1ecdi ng\u01b0\u1eddi t\u00ecm \u0111\u1ebfn n\u01a1i an to\u00e0n khi bong b\u00f3ng v\u1ee1. N\u00f3 cung c\u1ea5p s\u1ef1 an to\u00e0n, linh ho\u1ea1t v\u00e0 cho ph\u00e9p b\u1ea1n mua t\u00e0i s\u1ea3n v\u1edbi gi\u00e1 r\u1ebb. \u0110\u1ed3ng th\u1eddi, b\u1ea1n c\u00f3 th\u1ec3 r\u00fat ti\u1ec1n m\u1eb7t n\u1ebfu c\u1ea7n thi\u1ebft n\u1ebfu l\u1ea1m ph\u00e1t t\u0103ng v\u1ecdt.<\/p>\n\n
Th\u1ee9 ba, tr\u00e1nh k\u00fd qu\u1ef9 nh\u01b0 tr\u00e1nh b\u1ec7nh d\u1ecbch h\u1ea1ch. M\u1eb7c d\u00f9 l\u1ea1m ph\u00e1t l\u00e0m gi\u1ea3m gi\u00e1 tr\u1ecb kho\u1ea3n n\u1ee3 c\u1ee7a b\u1ea1n (v\u00e0 c\u00e1c kho\u1ea3n th\u1ebf ch\u1ea5p v\u1eabn \u1ed5n), b\u1ea1n kh\u00f4ng mu\u1ed1n g\u1eb7p ph\u1ea3i t\u00ecnh tr\u1ea1ng y\u00eau c\u1ea7u k\u00fd qu\u1ef9 khi bong b\u00f3ng v\u1ee1 v\u00e0 t\u00e0i s\u1ea3n gi\u1ea3m gi\u00e1 tr\u1ecb. Nhi\u1ec1u ng\u01b0\u1eddi gi\u00e0u \u0111\u00e3 ph\u00e1 s\u1ea3n theo c\u00e1ch \u0111\u00f3 trong cu\u1ed9c kh\u1ee7ng ho\u1ea3ng t\u00e0i ch\u00ednh 2007-2008.<\/p>\n\n
Th\u1ee9 t\u01b0, s\u1edf h\u1eefu c\u1ed5 phi\u1ebfu ch\u1ea5t l\u01b0\u1ee3ng cao. Ch\u00fang t\u0103ng gi\u00e1 tr\u1ecb trong m\u00f4i tr\u01b0\u1eddng l\u1ea1m ph\u00e1t v\u00e0 gi\u1eef \u0111\u01b0\u1ee3c nhi\u1ec1u gi\u00e1 tr\u1ecb h\u01a1n khi gi\u00e1 t\u00e0i s\u1ea3n gi\u1ea3m. N\u00f3i c\u00e1ch kh\u00e1c, \u0111\u1eebng m\u1eafc ph\u1ea3i FOMO v\u00e0 theo \u0111u\u1ed5i c\u01a1n s\u1ed1t \u0111\u1ea7u t\u01b0 m\u1edbi nh\u1ea5t (Bitcoin, Gamestop, v.v.). \u0110i\u1ec1u n\u00e0y kh\u00f4ng c\u00f3 ngh\u0129a l\u00e0 b\u1ea1n nh\u1ea5t thi\u1ebft ph\u1ea3i b\u00e1n Bitcoin n\u1ebfu b\u1ea1n s\u1edf h\u1eefu m\u1ed9t s\u1ed1. N\u00f3 l\u00e0 m\u1ed9t d\u1ea1ng v\u00e0ng k\u1ef9 thu\u1eadt s\u1ed1 c\u00f3 th\u1ec3 l\u00e0 m\u1ed9t bi\u1ec7n ph\u00e1p ph\u00f2ng ng\u1eeba l\u1ea1m ph\u00e1t t\u1ed1t, nh\u01b0ng t\u00f4i s\u1ebd kh\u00f4ng t\u00ecm c\u00e1ch t\u0103ng th\u00eam v\u1ecb th\u1ebf c\u1ee7a m\u00ecnh \u1edf m\u1ee9c gi\u00e1 hi\u1ec7n t\u1ea1i.<\/p>\n\n
B\u1ea1n kh\u00f4ng n\u00ean c\u1ed1 g\u1eafng b\u00e1n kh\u1ed1ng bong b\u00f3ng v\u00ec nh\u01b0 Keynes \u0111\u00e3 n\u00f3i: \u201cth\u1ecb tr\u01b0\u1eddng c\u00f3 th\u1ec3 duy tr\u00ec tr\u1ea1ng th\u00e1i phi l\u00fd l\u00e2u h\u01a1n kh\u1ea3 n\u0103ng b\u1ea1n c\u00f3 th\u1ec3 duy tr\u00ec \u0111\u01b0\u1ee3c kh\u1ea3 n\u0103ng thanh to\u00e1n\u201d. C\u00e1ch t\u1ed1t h\u01a1n \u0111\u1ec3 ch\u01a1i bong b\u00f3ng l\u00e0 t\u1ea1o ra c\u00e1c t\u00e0i s\u1ea3n nh\u01b0 m\u1ed9t c\u00f4ng ty kh\u1edfi nghi\u1ec7p c\u00f4ng ngh\u1ec7 ho\u1eb7c SPAC.<\/p>\n\n
L\u01b0u \u00fd r\u1eb1ng trong tr\u01b0\u1eddng h\u1ee3p c\u1ee7a t\u00f4i, t\u00f4i th\u1eadm ch\u00ed kh\u00f4ng s\u1edf h\u1eefu c\u1ed5 phi\u1ebfu. T\u00f4i c\u00f3 m\u1ed9t chi\u1ebfn l\u01b0\u1ee3c t\u1eadp t\u1ea1 ch\u1ec9 v\u1edbi ti\u1ec1n m\u1eb7t v\u00e0 c\u00e1c c\u00f4ng ty kh\u1edfi nghi\u1ec7p c\u00f4ng ngh\u1ec7 t\u01b0 nh\u00e2n k\u00e9m thanh kho\u1ea3n ban \u0111\u1ea7u. N\u1ebfu b\u1ea1n c\u00f3 \u0111\u1ee7 s\u1ef1 \u0111a d\u1ea1ng h\u00f3a (ngh\u0129a l\u00e0 h\u01a1n 100 kho\u1ea3n \u0111\u1ea7u t\u01b0) \u0111\u1ec3 t\u00ednh \u0111\u1ebfn c\u00e1c c\u00f4ng ty kh\u1edfi nghi\u1ec7p th\u1ea5t b\u1ea1i, th\u00ec c\u00e1c c\u00f4ng ty kh\u1edfi nghi\u1ec7p c\u00f4ng ngh\u1ec7 t\u01b0 nh\u00e2n \u1edf giai \u0111o\u1ea1n \u0111\u1ea7u l\u00e0 lo\u1ea1i t\u00e0i s\u1ea3n t\u1ed1t nh\u1ea5t. H\u1ecd t\u1ea1o ra gi\u00e1 tr\u1ecb cho n\u1ec1n kinh t\u1ebf v\u00e0 c\u00f3 th\u1ec3 t\u0103ng tr\u01b0\u1edfng nhanh ch\u00f3ng. V\u00ec v\u1eady, th\u1eadt tuy\u1ec7t v\u1eddi khi s\u1edf h\u1eefu ch\u00fang trong c\u1ea3 m\u00f4i tr\u01b0\u1eddng l\u1ea1m ph\u00e1t v\u00e0 gi\u1ea3m ph\u00e1t.<\/p>\n\n
L\u01b0u \u00fd r\u1eb1ng t\u00f4i r\u1ea5t thay \u0111\u1ed5i s\u1ed1 d\u01b0 t\u00e0i s\u1ea3n c\u1ee7a m\u00ecnh gi\u1eefa ti\u1ec1n m\u1eb7t v\u00e0 c\u00f4ng ty kh\u1edfi nghi\u1ec7p. \u0110\u00f4i khi t\u00f4i l\u00e0 ng\u01b0\u1eddi kh\u1edfi nghi\u1ec7p. \u0110\u00f4i khi t\u00f4i d\u1ef1 tr\u1eef m\u1ed9t l\u01b0\u1ee3ng ti\u1ec1n m\u1eb7t l\u1edbn. Hi\u1ec7n t\u1ea1i, t\u00f4i \u0111ang x\u00e2y d\u1ef1ng ngu\u1ed3n d\u1ef1 tr\u1eef ti\u1ec1n m\u1eb7t c\u1ee7a m\u00ecnh trong khi v\u1eabn \u0111\u1ea7u t\u01b0. T\u00f4i \u0111\u1eb7c bi\u1ec7t th\u00edch ho\u1ea1t \u0111\u1ed9ng kinh doanh ch\u00eanh l\u1ec7ch gi\u00e1 khi b\u00e1n c\u00e1c c\u1ed5 phi\u1ebfu c\u00f4ng ngh\u1ec7 \u0111\u1ea1i ch\u00fang \u0111\u01b0\u1ee3c \u0111\u1ecbnh gi\u00e1 qu\u00e1 cao (ho\u1eb7c c\u00e1c c\u00f4ng ty tr\u01b0\u1edbc IPO) v\u00e0 \u0111\u1ea7u t\u01b0 v\u00e0o c\u00e1c c\u00f4ng ty kh\u1edfi nghi\u1ec7p c\u00f4ng ngh\u1ec7 giai \u0111o\u1ea1n \u0111\u1ea7u \u0111\u01b0\u1ee3c \u0111\u1ecbnh gi\u00e1 th\u1ea5p h\u01a1n m\u1ed9t ch\u00fat. Tuy nhi\u00ean, t\u00f4i nghi ng\u1edd vi\u1ec7c d\u1ef1 tr\u1eef ti\u1ec1n m\u1eb7t l\u1edbn s\u1ebd c\u00f3 \u00edch v\u00e0o m\u1ed9t th\u1eddi \u0111i\u1ec3m n\u00e0o \u0111\u00f3 trong v\u00e0i n\u0103m t\u1edbi.<\/p>\n\n
Ch\u00fac may m\u1eafn!<\/p>\n\n
<\/div>\n","protected":false},"excerpt":{"rendered":"
Nh\u1eefng d\u1ea5u hi\u1ec7u c\u1ea3nh b\u00e1o v\u1ec1 c\u01a1n h\u01b0ng c\u1ea3m c\u1ee7a th\u1ecb tr\u01b0\u1eddng c\u00f3 \u1edf kh\u1eafp m\u1ecdi n\u01a1i. T\u1ef7 l\u1ec7 P\/E cao v\u00e0 \u0111ang leo thang. Bitcoin \u0111\u00e3 t\u0103ng 300% trong … Continue reading “Ch\u00e0o m\u1eebng \u0111\u1ebfn v\u1edbi Bong b\u00f3ng m\u1ecdi th\u1ee9!”<\/span><\/a><\/p>\n","protected":false},"author":4,"featured_media":31554,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[242,241],"tags":[],"class_list":["post-31536","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-nen-kinh-te-vi","category-nen-kinh-te"],"acf":[],"contentUpdated":"Ch\u00e0o m\u1eebng \u0111\u1ebfn v\u1edbi Bong b\u00f3ng m\u1ecdi th\u1ee9!. Categories - N\u1ec1n kinh t\u1ebf, N\u1ec1n kinh t\u1ebf. Date-Posted - 2021-02-09T16:34:10 . \n Nh\u1eefng d\u1ea5u hi\u1ec7u c\u1ea3nh b\u00e1o v\u1ec1 c\u01a1n h\u01b0ng c\u1ea3m c\u1ee7a th\u1ecb tr\u01b0\u1eddng c\u00f3 \u1edf kh\u1eafp m\u1ecdi n\u01a1i. T\u1ef7 l\u1ec7 P\/E cao v\u00e0 \u0111ang leo thang. Bitcoin \u0111\u00e3 t\u0103ng 300% trong m\u1ed9t n\u0103m. C\u00f3 r\u1ea5t nhi\u1ec1u \u0111\u1ee3t IPO SPAC. Gi\u00e1 b\u1ea5t \u0111\u1ed9ng s\u1ea3n \u0111ang t\u0103ng nhanh b\u00ean ngo\u00e0i c\u00e1c th\u00e0nh ph\u1ed1 l\u1edbn d\u00e0y \u0111\u1eb7c.\n T\u1ef7 l\u1ec7 S&P 500 PE\n Gi\u00e1 BTC 12 th\u00e1ng qua\n Nh\u1eefng \u0111i\u1ec1u n\u00e0y, c\u00f9ng v\u1edbi c\u00e1c \u0111\u1ee3t \u00e9p b\u00e1n ng\u1eafn h\u1ea1n do b\u00e1n l\u1ebb, c\u00e1c bong b\u00f3ng nh\u1ecf v\u00e0 s\u1ef1 bi\u1ebfn \u0111\u1ed9ng gia t\u0103ng l\u00e0 c\u00e1c tri\u1ec7u ch\u1ee9ng c\u1ee7a bong b\u00f3ng.\n Tho\u1ea1t nh\u00ecn, th\u1ef1c t\u1ebf l\u00e0 ch\u00fang ta \u0111ang \u1edf trong bong b\u00f3ng c\u00f3 v\u1ebb \u0111\u00e1ng ng\u1ea1c nhi\u00ean v\u1edbi h\u00e0ng tri\u1ec7u ng\u01b0\u1eddi th\u1ea5t nghi\u1ec7p ho\u1eb7c thi\u1ebfu vi\u1ec7c l\u00e0m. Tuy nhi\u00ean, trong th\u1eddi k\u1ef3 \u0111\u1ea1i d\u1ecbch, thu nh\u1eadp c\u00e1 nh\u00e2n \u0111\u00e3 t\u0103ng h\u01a1n m\u1ed9t ngh\u00ecn t\u1ef7 \u0111\u00f4 la do m\u1ee9c \u0111\u1ed9 k\u00edch th\u00edch t\u00e0i ch\u00ednh l\u1ecbch s\u1eed c\u1ee7a ch\u00ednh ph\u1ee7.\n Ti\u1ec1n l\u01b0\u01a1ng ch\u1ec9 gi\u1ea3m 43 t\u1ef7 USD t\u1eeb th\u00e1ng 3 \u0111\u1ebfn th\u00e1ng 11. Trong khi nhi\u1ec1u nh\u00e2n vi\u00ean d\u1ecbch v\u1ee5 c\u1ea5p th\u1ea5p b\u1ecb m\u1ea5t vi\u1ec7c l\u00e0m, nh\u1eefng c\u00f4ng vi\u1ec7c chuy\u00ean m\u00f4n \u0111\u01b0\u1ee3c tr\u1ea3 l\u01b0\u01a1ng cao h\u01a1n kh\u00f4ng b\u1ecb \u1ea3nh h\u01b0\u1edfng v\u00e0 m\u1ed9t s\u1ed1 c\u00f4ng vi\u1ec7c \u0111\u00f2i h\u1ecfi tay ngh\u1ec1 th\u1ea5p l\u1ea1i b\u00f9ng n\u1ed5 nh\u01b0 kho b\u00e3i v\u00e0 c\u1eeda h\u00e0ng t\u1ea1p h\u00f3a, d\u1eabn \u0111\u1ebfn t\u1ed5n th\u1ea5t th\u1ea5p h\u01a1n m\u1ee9c c\u00f3 th\u1ec3 d\u1ef1 \u0111o\u00e1n.\n Quy m\u00f4 c\u1ee7a c\u00e1c ch\u01b0\u01a1ng tr\u00ecnh h\u1ed7 tr\u1ee3 c\u1ee7a ch\u00ednh ph\u1ee7 l\u00e0 ch\u01b0a t\u1eebng c\u00f3. C\u00e1c ch\u01b0\u01a1ng tr\u00ecnh b\u1ea3o hi\u1ec3m th\u1ea5t nghi\u1ec7p \u0111\u00e3 b\u01a1m 499 t\u1ef7 USD v\u00e0o t\u00fai ng\u01b0\u1eddi M\u1ef9. G\u00f3i k\u00edch th\u00edch tr\u1ecb gi\u00e1 1.200 USD d\u00e0nh cho h\u1ea7u h\u1ebft c\u00e1c h\u1ed9 gia \u0111\u00ecnh M\u1ef9 \u0111\u00e3 b\u1ed5 sung th\u00eam 276 t\u1ef7 USD. Nh\u00ecn chung, ng\u01b0\u1eddi M\u1ef9 c\u00f3 thu nh\u1eadp sau thu\u1ebf cao h\u01a1n 1 ngh\u00ecn t\u1ef7 USD t\u1eeb th\u00e1ng 3 \u0111\u1ebfn th\u00e1ng 11 n\u0103m 2020 so v\u1edbi n\u0103m 2019. K\u1ebft qu\u1ea3 l\u00e0 s\u1ed1 h\u1ed3 s\u01a1 ph\u00e1 s\u1ea3n c\u1ee7a Hoa K\u1ef3 \u0111\u1ea1t m\u1ee9c th\u1ea5p nh\u1ea5t trong 35 n\u0103m v\u00e0o n\u0103m 2020!\n Tr\u00ean h\u1ebft, chi ti\u00eau t\u00f9y \u00fd \u0111\u00e3 gi\u1ea3m \u0111\u00e1ng k\u1ec3. Chi ti\u00eau cho d\u1ecbch v\u1ee5 gi\u1ea3m 575 t\u1ef7 USD do m\u1ecdi ng\u01b0\u1eddi kh\u00f4ng \u0111i ngh\u1ec9, \u0111\u1ebfn nh\u00e0 h\u00e0ng, r\u1ea1p chi\u1ebfu phim, \u0111\u1ecba \u0111i\u1ec3m th\u1ec3 thao, bu\u1ed5i h\u00f2a nh\u1ea1c, v.v. Trong khi ng\u01b0\u1eddi M\u1ef9 chi nhi\u1ec1u h\u01a1n m\u1ed9t ch\u00fat cho h\u00e0ng h\u00f3a l\u00e2u b\u1ec1n, t\u1ed5ng chi ti\u00eau v\u1eabn gi\u1ea3m 535 t\u1ef7 USD.\n Khi k\u1ebft h\u1ee3p v\u1edbi s\u1ef1 gia t\u0103ng thu nh\u1eadp c\u00e1 nh\u00e2n, ng\u01b0\u1eddi M\u1ef9 \u0111\u00e3 ti\u1ebft ki\u1ec7m \u0111\u01b0\u1ee3c th\u00eam 1,5 ngh\u00ecn t\u1ef7 USD!\n Trong khi m\u1ed9t ph\u1ea7n ti\u1ec1n m\u1eb7t b\u1ed5 sung \u0111\u00f3 \u0111\u01b0\u1ee3c d\u00f9ng \u0111\u1ec3 g\u1eedi ti\u1ec1n g\u1eedi, ph\u1ea7n l\u1edbn trong s\u1ed1 \u0111\u00f3 c\u0169ng \u0111\u01b0\u1ee3c d\u00f9ng \u0111\u1ec3 \u0111\u1ea7u t\u01b0, l\u00e0m t\u0103ng gi\u00e1 t\u00e0i s\u1ea3n. \u0110i\u1ec1u n\u00e0y xu\u1ea5t ph\u00e1t t\u1eeb l\u00e0n s\u00f3ng thanh kho\u1ea3n do C\u1ee5c D\u1ef1 tr\u1eef Li\u00ean bang gi\u1ea3i ph\u00f3ng v\u00e0 cam k\u1ebft gi\u1eef l\u00e3i su\u1ea5t g\u1ea7n b\u1eb1ng 0 – tr\u00ean th\u1ef1c t\u1ebf, l\u00e3i su\u1ea5t th\u1ef1c hi\u1ec7n \u1edf d\u01b0\u1edbi m\u1ee9c 0.\n Gi\u00e1 tr\u1ecb c\u1ee7a gi\u00e1 t\u00e0i s\u1ea3n ph\u1ea3i l\u00e0 gi\u00e1 tr\u1ecb hi\u1ec7n t\u1ea1i r\u00f2ng c\u1ee7a d\u00f2ng ti\u1ec1n chi\u1ebft kh\u1ea5u trong t\u01b0\u01a1ng lai.\n L\u00e3i su\u1ea5t g\u1ea7n 0 c\u00f3 th\u1ec3 bi\u1ec7n minh cho vi\u1ec7c \u0111\u1ecbnh gi\u00e1 cao h\u01a1n nhi\u1ec1u. N\u1ebfu b\u1ea1n tin r\u1eb1ng t\u1ef7 gi\u00e1 hi\u1ec7n nay s\u1ebd \u1edf g\u1ea7n m\u1ee9c 0 m\u00e3i m\u00e3i th\u00ec m\u1ee9c \u0111\u1ecbnh gi\u00e1 hi\u1ec7n t\u1ea1i tr\u00ean th\u1ef1c t\u1ebf l\u00e0 h\u1ee3p l\u00fd. C\u00e1 nh\u00e2n t\u00f4i kh\u00f4ng tin r\u1eb1ng \u0111\u00f3 l\u00e0 tr\u01b0\u1eddng h\u1ee3p khi h\u1ea7u h\u1ebft c\u00e1c ch\u00ednh ph\u1ee7 tr\u00ean to\u00e0n c\u1ea7u \u0111ang ph\u1ea3i ch\u1ecbu t\u00ecnh tr\u1ea1ng t\u00e0i ch\u00ednh x\u1ea5u \u0111i do t\u0103ng tr\u01b0\u1edfng th\u00e2m h\u1ee5t v\u00e0 n\u1ee3 kh\u00f4ng b\u1ec1n v\u1eefng.\n Ng\u00e0y ph\u00e1n x\u00e9t s\u1eafp \u0111\u1ebfn, nh\u01b0ng c\u00f3 th\u1ec3 n\u00f3 s\u1ebd kh\u00f4ng \u0111\u1ebfn s\u1edbm nh\u01b0 t\u00f4i lo l\u1eafng trong b\u1ea3n c\u1eadp nh\u1eadt cu\u1ed1i n\u0103m c\u1ee7a m\u00ecnh. T\u00f4i nghi ng\u1edd r\u1eb1ng t\u00f4i \u0111\u00e3 kh\u00f3c s\u00f3i qu\u00e1 s\u1edbm. Th\u1ebf gi\u1edbi s\u1ebd v\u1eabn b\u1eadn t\u00e2m \u0111\u1ebfn vi\u1ec7c ch\u1ed1ng l\u1ea1i Covid h\u01a1n l\u00e0 h\u1eadu qu\u1ea3 c\u1ee7a vi\u1ec7c gia t\u0103ng n\u1ee3 ch\u00ednh ph\u1ee7 trong t\u01b0\u01a1ng lai g\u1ea7n. Tr\u00ean h\u1ebft, s\u1ef1 gia t\u0103ng d\u1ef1 ki\u1ebfn \u200b\u200btrong c\u1ea3 chi ti\u00eau t\u01b0 nh\u00e2n v\u00e0 c\u00f4ng c\u1ed9ng s\u1ebd th\u00fac \u0111\u1ea9y n\u1ec1n kinh t\u1ebf h\u01a1n n\u1eefa.\n T\u1ef7 l\u1ec7 ti\u1ebft ki\u1ec7m c\u1ee7a M\u1ef9 \u1edf m\u1ee9c kho\u1ea3ng 7% trong h\u1ea7u h\u1ebft th\u1eadp k\u1ef7 qua. M\u1eb7c d\u00f9 \u0111\u00e3 gi\u1ea3m t\u1eeb m\u1ee9c \u0111\u1ec9nh 33% v\u00e0o th\u00e1ng 4 nh\u01b0ng n\u00f3 v\u1eabn \u1edf m\u1ee9c kho\u1ea3ng 13%. T\u00f4i nghi ng\u1edd r\u1eb1ng m\u1ed9t khi COVID \u1edf ph\u00eda sau ch\u00fang ta, s\u1ebd c\u00f3 b\u1eefa ti\u1ec7c k\u1ebft li\u1ec5u t\u1ea5t c\u1ea3 c\u00e1c b\u1eefa ti\u1ec7c. M\u1ecdi ng\u01b0\u1eddi s\u1ebd \u0111i du l\u1ecbch, ti\u1ec7c t\u00f9ng v\u00e0 chi ti\u00eau nh\u01b0 th\u1ec3 kh\u00f4ng c\u00f3 ng\u00e0y mai. N\u1ebfu t\u1ef7 l\u1ec7 ti\u1ebft ki\u1ec7m tr\u1edf l\u1ea1i m\u1ee9c tr\u01b0\u1edbc \u0111\u00f3 l\u00e0 7%, \u0111i\u1ec1u \u0111\u00f3 c\u00f3 ngh\u0129a l\u00e0 chi ti\u00eau s\u1ebd t\u0103ng th\u00eam 1,2 ngh\u00ecn t\u1ef7 USD. Ngo\u00e0i ra, c\u00f2n c\u00f3 m\u1ed9t g\u00f3i k\u00edch th\u00edch tr\u1ecb gi\u00e1 1,9 ngh\u00ecn t\u1ef7 USD kh\u00e1c, c\u00f3 th\u1ec3 bao g\u1ed3m 1.400 USD thanh to\u00e1n tr\u1ef1c ti\u1ebfp, c\u00e0ng \u0111\u1ed5 th\u00eam d\u1ea7u v\u00e0o l\u1eeda.\n N\u00f3i c\u00e1ch kh\u00e1c, t\u00f4i ngh\u0129 ch\u00fang ta c\u00f2n m\u1ed9t con \u0111\u01b0\u1eddng ph\u1ea3i \u0111i tr\u01b0\u1edbc khi bong b\u00f3ng n\u00e0y v\u1ee1. Trong th\u1eddi k\u1ef3 bong b\u00f3ng c\u00f4ng ngh\u1ec7, t\u00f4i \u0111\u00e3 vi\u1ebft r\u1eb1ng r\u00f5 r\u00e0ng ch\u00fang ta \u0111\u00e3 \u1edf trong bong b\u00f3ng nhi\u1ec1u n\u0103m tr\u01b0\u1edbc khi n\u00f3 n\u1ed5. T\u01b0\u01a1ng t\u1ef1 nh\u01b0 v\u1eady, trong th\u1eddi k\u1ef3 bong b\u00f3ng b\u1ea5t \u0111\u1ed9ng s\u1ea3n, t\u00f4i \u0111\u00e3 c\u1ea3nh b\u00e1o t\u1ea5t c\u1ea3 b\u1ea1n b\u00e8 c\u1ee7a m\u00ecnh kh\u00f4ng n\u00ean mua b\u1ea5t \u0111\u1ed9ng s\u1ea3n k\u1ec3 t\u1eeb n\u0103m 2004. V\u1edbi ho\u00e0n c\u1ea3nh n\u00e0y, nhi\u1ec1u kh\u1ea3 n\u0103ng ch\u00fang ta s\u1ebd x\u1ea3y ra v\u00e0o n\u0103m 1998 ho\u1eb7c 1999 h\u01a1n l\u00e0 th\u00e1ng 2 n\u0103m 2000.\n M\u1ecdi chuy\u1ec7n s\u1ebd k\u1ebft th\u00fac nh\u01b0 th\u1ebf n\u00e0o?\n Bong b\u00f3ng gi\u00e1 t\u00e0i s\u1ea3n c\u00f3 th\u1ec3 tho\u00e1t kh\u1ecfi cu\u1ed9c kh\u1ee7ng ho\u1ea3ng t\u00e0i ch\u00ednh nh\u01b0 \u0111\u00e3 x\u1ea3y ra trong bong b\u00f3ng c\u00f4ng ngh\u1ec7. Ch\u00fang t\u00f4i kh\u00f4ng th\u1ec3 bi\u1ebft khi n\u00e0o t\u00e2m l\u00fd nh\u00e0 \u0111\u1ea7u t\u01b0 s\u1ebd kh\u00f4ng c\u00f2n l\u1ea1c quan nh\u01b0 b\u00e2y gi\u1edd n\u1eefa v\u00e0 n\u00f3 c\u00f3 th\u1ec3 s\u1ebd \u0111\u1ebfn sau \u0111\u1ee3t chi ti\u00eau cu\u1ed3ng nhi\u1ec7t m\u00e0 t\u00f4i mong \u0111\u1ee3i m\u1ed9t khi ch\u00fang t\u00f4i \u0111\u1eb7t COVID l\u1ea1i ph\u00eda sau.\n Tuy nhi\u00ean, r\u1eafc r\u1ed1i \u0111ang n\u1ea3y sinh khi xem x\u00e9t t\u1ea5t c\u1ea3 c\u00e1c kho\u1ea3n n\u1ee3 c\u1ee7a ch\u00ednh ph\u1ee7 v\u00e0 doanh nghi\u1ec7p \u0111\u1ec1u b\u1ecb \u1ea3nh h\u01b0\u1edfng b\u1edfi COVID. C\u00f3 m\u1ed9t s\u1ed1 c\u00e1ch \u0111\u1ec3 tho\u00e1t kh\u1ecfi \u0111i\u1ec1u n\u00e0y.\n 1. Ch\u00fang ta tr\u01b0\u1edfng th\u00e0nh t\u1eeb \u0111\u00f3\n \u0110\u00e2y kh\u00f4ng ph\u1ea3i l\u00e0 \u0111i\u1ec1u ch\u01b0a t\u1eebng c\u00f3. Trong Th\u1ebf chi\u1ebfn th\u1ee9 nh\u1ea5t v\u00e0 Th\u1ebf chi\u1ebfn th\u1ee9 hai, n\u1ee3 ch\u00ednh ph\u1ee7 t\u0103ng v\u1ecdt. Tuy nhi\u00ean, sau c\u1ea3 hai cu\u1ed9c chi\u1ebfn tranh, n\u1ec1n kinh t\u1ebf \u0111\u00e3 c\u00f3 s\u1ef1 t\u0103ng tr\u01b0\u1edfng m\u1ea1nh m\u1ebd nh\u1edd nhu c\u1ea7u ti\u00eau d\u00f9ng m\u1ea1nh m\u1ebd v\u00e0 \u0111\u1ea7u t\u01b0 m\u1ea1nh m\u1ebd. N\u00f3 c\u00f3 th\u1ec3 x\u1ea3y ra l\u1ea7n n\u1eefa. Sau v\u00e0i th\u1eadp k\u1ef7 t\u0103ng tr\u01b0\u1edfng n\u0103ng su\u1ea5t tr\u00ec tr\u1ec7, ch\u00fang ta c\u00f3 th\u1ec3 \u0111ang tr\u00ean \u0111\u00e0 b\u00f9ng n\u1ed5 n\u0103ng su\u1ea5t. COVID \u0111\u00e3 d\u1eabn \u0111\u1ebfn s\u1ef1 gia t\u0103ng l\u1edbn trong vi\u1ec7c \u00e1p d\u1ee5ng thanh to\u00e1n k\u1ef9 thu\u1eadt s\u1ed1, y t\u1ebf t\u1eeb xa, t\u1ef1 \u0111\u1ed9ng h\u00f3a c\u00f4ng nghi\u1ec7p, gi\u00e1o d\u1ee5c tr\u1ef1c tuy\u1ebfn, th\u01b0\u01a1ng m\u1ea1i \u0111i\u1ec7n t\u1eed v\u00e0 l\u00e0m vi\u1ec7c t\u1eeb xa. Tr\u00ean h\u1ebft, t\u1ed1c \u0111\u1ed9 ph\u00e1t tri\u1ec3n c\u1ee7a v\u1eafc xin mRNA mang l\u1ea1i hy v\u1ecdng r\u1eb1ng s\u1ebd c\u00f3 nhi\u1ec1u \u0111\u1ed5i m\u1edbi h\u01a1n n\u1eefa trong l\u0129nh v\u1ef1c ch\u0103m s\u00f3c s\u1ee9c kh\u1ecfe.\n 2. Ch\u00fang ta th\u1ed5i ph\u1ed3ng\n M\u1ef9 r\u00f5 r\u00e0ng c\u0169ng \u0111ang c\u1ed1 g\u1eafng t\u0103ng l\u1ea1m ph\u00e1t danh ngh\u0129a \u0111\u1ec3 gi\u1eef l\u00e3i su\u1ea5t th\u1ef1c \u1edf m\u1ee9c \u00e2m, gi\u00fap ch\u00ednh ph\u1ee7 gi\u1ea3m n\u1ee3, gi\u1ed1ng nh\u01b0 h\u1ecd \u0111\u00e3 l\u00e0m sau Th\u1ebf chi\u1ebfn 2. L\u00e3i su\u1ea5t th\u1ef1c hi\u1ec7n \u0111ang \u00e2m tr\u1edf l\u1ea1i.\n T\u1ef7 l\u1ec7 \u0111\u01b0\u1eddng cong l\u1ee3i su\u1ea5t kho b\u00e1u 5 n\u0103m c\u1ee7a Hoa K\u1ef3\n V\u1edbi quy m\u00f4 k\u00edch th\u00edch v\u00e0 nhu c\u1ea7u gia t\u0103ng d\u1ef1 ki\u1ebfn, t\u00f4i nghi ng\u1edd h\u1ecd s\u1ebd th\u00e0nh c\u00f4ng trong vi\u1ec7c \u0111\u1ea9y l\u1ea1m ph\u00e1t danh ngh\u0129a l\u00ean tr\u00ean 2% nh\u01b0 m\u1ee5c ti\u00eau c\u1ee7a Fed.\n L\u01b0u \u00fd r\u1eb1ng k\u1ebft qu\u1ea3 nh\u01b0 v\u1eady kh\u00f4ng ph\u1ea3i l\u00fac n\u00e0o c\u0169ng \u0111\u01b0\u1ee3c \u0111\u1ea3m b\u1ea3o. Nh\u1eadt B\u1ea3n \u0111\u00e3 th\u1ea5t b\u1ea1i trong vi\u1ec7c t\u1ea1o ra l\u1ea1m ph\u00e1t trong g\u1ea7n 30 n\u0103m qua m\u1eb7c d\u00f9 ch\u00ednh ph\u1ee7 chi ti\u00eau r\u1ea5t l\u1edbn v\u00e0 n\u1edbi l\u1ecfng \u0111\u1ecbnh l\u01b0\u1ee3ng. B\u1ea1n c\u0169ng c\u00f3 th\u1ec3 v\u01b0\u1ee3t qu\u00e1 gi\u1edbi h\u1ea1n v\u00e0 t\u1ea1o ra l\u1ea1m ph\u00e1t cao nh\u01b0 Zimbabwe \u0111\u00e3 nh\u1ea5n m\u1ea1nh trong hai th\u1eadp k\u1ef7 qua.\n L\u1ea1m ph\u00e1t \u0111\u01b0\u1ee3c ki\u1ec3m so\u00e1t trong kho\u1ea3ng 2-3% s\u1ebd l\u00e0 k\u1ebft qu\u1ea3 l\u00fd t\u01b0\u1edfng.\n 3. Ch\u00fang t\u00f4i qu\u1ea3n l\u00fd th\u1eb7ng d\u01b0\n Sau c\u1ea3 hai cu\u1ed9c chi\u1ebfn tranh th\u1ebf gi\u1edbi, \u0111\u00e3 c\u00f3 s\u1ef1 \u0111\u1ed3ng thu\u1eadn ch\u00ednh tr\u1ecb v\u00e0 x\u00e3 h\u1ed9i m\u1ea1nh m\u1ebd \u1ee7ng h\u1ed9 vi\u1ec7c h\u1ea1n ch\u1ebf ng\u00e2n s\u00e1ch v\u00e0 gi\u1ea3m n\u1ee3.\n \u0110\u1ee9c \u0111\u00e3 gi\u1ea3m t\u1ef7 l\u1ec7 n\u1ee3 tr\u00ean GDP t\u1eeb 82,4% n\u0103m 2010 xu\u1ed1ng 59,8% v\u00e0o n\u0103m 2019 nh\u1edd th\u1eb7ng d\u01b0.\n T\u01b0\u01a1ng t\u1ef1 nh\u01b0 v\u1eady, Hy L\u1ea1p bu\u1ed9c ph\u1ea3i th\u1ef1c hi\u1ec7n th\u1eb7ng d\u01b0 v\u00e0 s\u1eeda ch\u1eefa l\u1ed1i s\u1ed1ng hoang ph\u00ed c\u1ee7a m\u00ecnh nh\u01b0 m\u1ed9t ph\u1ea7n c\u1ee7a c\u00e1c \u0111i\u1ec1u ki\u1ec7n c\u1ee9u tr\u1ee3.\n Quan \u0111i\u1ec3m c\u1ee7a t\u00f4i v\u1ec1 nh\u1eefng g\u00ec s\u1ebd x\u1ea3y ra\n M\u1ef9 kh\u00f4ng c\u00f2n k\u1ef7 lu\u1eadt \u0111\u1ec3 \u0111i\u1ec1u h\u00e0nh th\u1eb7ng d\u01b0, nh\u01b0ng c\u00f3 th\u1ec3 ti\u1ebfp t\u1ee5c duy tr\u00ec th\u00e2m h\u1ee5t mi\u1ec5n l\u00e0 \u0111\u1ed3ng \u0111\u00f4 la v\u1eabn l\u00e0 \u0111\u1ed3ng ti\u1ec1n d\u1ef1 tr\u1eef to\u00e0n c\u1ea7u. Ng\u00e0y ph\u00e1n x\u00e9t s\u1ebd \u0111\u1ebfn nh\u01b0ng d\u01b0\u1eddng nh\u01b0 ch\u01b0a c\u00f3 trong th\u1eddi gian t\u1edbi n\u00ean n\u1ee3 c\u1ee7a M\u1ef9 s\u1ebd ti\u1ebfp t\u1ee5c ph\u00ecnh to.\n Trong m\u1ed9t th\u1eddi gian, t\u00f4i lo ng\u1ea1i r\u1eb1ng cu\u1ed9c kh\u1ee7ng ho\u1ea3ng t\u00e0i ch\u00ednh ti\u1ebfp theo s\u1ebd di\u1ec5n ra d\u01b0\u1edbi h\u00ecnh th\u1ee9c kh\u1ee7ng ho\u1ea3ng n\u1ee3 c\u00f4ng \u1edf m\u1ed9t n\u1ec1n kinh t\u1ebf l\u1edbn v\u00ec c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 lo ng\u1ea1i r\u1eb1ng n\u00f3 kh\u00f4ng c\u00f2n \u0111\u1ee7 kh\u1ea3 n\u0103ng chi tr\u1ea3 m\u1ee9c n\u1ee3 nh\u01b0 \u0111\u00e3 x\u1ea3y ra \u1edf Hy L\u1ea1p m\u1ed9t th\u1eadp k\u1ef7 tr\u01b0\u1edbc. \u00dd, v\u1edbi t\u1ef7 l\u1ec7 n\u1ee3 tr\u00ean GDP \u0111\u01b0\u1ee3c thi\u1ebft l\u1eadp s\u1ebd v\u01b0\u1ee3t qu\u00e1 150% v\u00e0o n\u0103m 2021, \u0111\u00e3 \u0111\u01b0\u1ee3c ngh\u0129 \u0111\u1ebfn. \n T\u00f4i kh\u00f4ng c\u00f2n ch\u1eafc ch\u1eafn \u0111\u00f3 l\u00e0 k\u1ecbch b\u1ea3n c\u00f3 x\u00e1c su\u1ea5t cao nh\u1ea5t. Cu\u1ed9c kh\u1ee7ng ho\u1ea3ng \u0111\u1ed3ng euro cho th\u1ea5y ch\u00e2u \u00c2u s\u1eb5n s\u00e0ng l\u00e0m b\u1ea5t c\u1ee9 \u0111i\u1ec1u g\u00ec \u0111\u1ec3 b\u1ea3o v\u1ec7 \u0111\u1ed3ng euro v\u00e0 t\u00f4i cho r\u1eb1ng l\u1ea7n n\u00e0y c\u0169ng kh\u00f4ng ngo\u1ea1i l\u1ec7. M\u1eb7c d\u00f9 c\u00f3 th\u1ec3 x\u1ea3y ra m\u1ed9t cu\u1ed9c kh\u1ee7ng ho\u1ea3ng n\u1ee3 c\u00f4ng, nh\u01b0ng c\u00f3 l\u1ebd ch\u00fang ta s\u1ebd t\u00ecm ra c\u00e1ch \u0111\u1ec3 tho\u00e1t kh\u1ecfi n\u00f3.\n K\u1ebft qu\u1ea3 l\u00e0, t\u00f4i t\u1ef1 h\u1ecfi li\u1ec7u thay v\u00e0o \u0111\u00f3, cu\u1ed9c kh\u1ee7ng ho\u1ea3ng ti\u1ebfp theo s\u1ebd kh\u00f4ng x\u1ea3y ra nh\u01b0 m\u1ed9t cu\u1ed9c kh\u1ee7ng ho\u1ea3ng v\u1ec1 \u0111\u1ee9c tin m\u00e0 l\u00e0 v\u1ec1 c\u00e1c lo\u1ea1i ti\u1ec1n t\u1ec7 fiat hay kh\u00f4ng. T\u00f4i kh\u00f4ng th\u1ea5y \u0111i\u1ec1u n\u00e0y x\u1ea3y ra trong n\u0103m t\u1edbi ho\u1eb7c l\u00e2u h\u01a1n. Tuy nhi\u00ean, s\u1ebd c\u00f3 ng\u00e0y ph\u1ea3i ph\u00e1n x\u00e9t trong b\u1ed1i c\u1ea3nh ngu\u1ed3n cung ti\u1ec1n ng\u00e0y c\u00e0ng m\u1edf r\u1ed9ng k\u1ebft h\u1ee3p v\u1edbi m\u1ee9c t\u0103ng n\u1ee3 v\u00e0 th\u00e2m h\u1ee5t kh\u00f4ng b\u1ec1n v\u1eefng \u1edf h\u1ea7u h\u1ebft c\u00e1c qu\u1ed1c gia l\u1edbn tr\u00ean th\u1ebf gi\u1edbi. \n Nh\u1eefng c\u00e1 nh\u00e2n s\u1ed1ng qua bong b\u00f3ng n\u00e0y ph\u1ea3i l\u00e0m g\u00ec?\n Kh\u00f4ng r\u00f5 t\u1ea1i sao v\u00e0 khi n\u00e0o bong b\u00f3ng s\u1ebd v\u1ee1, nh\u01b0ng c\u00f3 m\u1ed9t s\u1ed1 c\u00e1ch \u0111\u1ec3 chu\u1ea9n b\u1ecb s\u1eb5n s\u00e0ng khi n\u00f3 v\u1ee1.\n \u0110\u1ea7u ti\u00ean, trong m\u00f4i tr\u01b0\u1eddng n\u00e0y b\u1ea1n kh\u00f4ng n\u00ean s\u1edf h\u1eefu b\u1ea5t k\u1ef3 tr\u00e1i phi\u1ebfu n\u00e0o. L\u1ee3i su\u1ea5t c\u1ef1c k\u1ef3 th\u1ea5p v\u00e0 b\u1ea1n kh\u00f4ng \u0111\u01b0\u1ee3c \u0111\u1ec1n b\u00f9 cho r\u1ee7i ro v\u1ee1 n\u1ee3. \u0110\u1ed3ng th\u1eddi, b\u1ea1n c\u00f3 nguy c\u01a1 b\u1ecb l\u1ea1m ph\u00e1t.\n Th\u1ee9 hai, t\u00f4i s\u1ebd t\u0103ng \u0111\u00e1ng k\u1ec3 l\u01b0\u1ee3ng ti\u1ec1n m\u1eb7t n\u1eafm gi\u1eef c\u1ee7a b\u1ea1n l\u00ean 20% ho\u1eb7c h\u01a1n trong t\u00e0i s\u1ea3n c\u1ee7a b\u1ea1n. B\u1ea1n kh\u00f4ng ki\u1ebfm \u0111\u01b0\u1ee3c g\u00ec t\u1eeb s\u1ed1 ti\u1ec1n m\u1eb7t \u0111\u00f3 v\u00e0 b\u1ea1n s\u1ebd m\u1ea5t gi\u00e1 tr\u1ecb l\u1ea1m ph\u00e1t. Tr\u00ean h\u1ebft, n\u00f3 s\u1ebd b\u1ecb gi\u1ea3m gi\u00e1 tr\u1ecb trong m\u1ed9t cu\u1ed9c kh\u1ee7ng ho\u1ea3ng ti\u1ec1n t\u1ec7 fiat. Tuy nhi\u00ean, thanh kho\u1ea3n r\u1ea5t h\u1eefu \u00edch trong c\u00e1c lo\u1ea1i kh\u1ee7ng ho\u1ea3ng kh\u00e1c khi m\u1ecdi ng\u01b0\u1eddi t\u00ecm \u0111\u1ebfn n\u01a1i an to\u00e0n khi bong b\u00f3ng v\u1ee1. N\u00f3 cung c\u1ea5p s\u1ef1 an to\u00e0n, linh ho\u1ea1t v\u00e0 cho ph\u00e9p b\u1ea1n mua t\u00e0i s\u1ea3n v\u1edbi gi\u00e1 r\u1ebb. \u0110\u1ed3ng th\u1eddi, b\u1ea1n c\u00f3 th\u1ec3 r\u00fat ti\u1ec1n m\u1eb7t n\u1ebfu c\u1ea7n thi\u1ebft n\u1ebfu l\u1ea1m ph\u00e1t t\u0103ng v\u1ecdt.\n Th\u1ee9 ba, tr\u00e1nh k\u00fd qu\u1ef9 nh\u01b0 tr\u00e1nh b\u1ec7nh d\u1ecbch h\u1ea1ch. M\u1eb7c d\u00f9 l\u1ea1m ph\u00e1t l\u00e0m gi\u1ea3m gi\u00e1 tr\u1ecb kho\u1ea3n n\u1ee3 c\u1ee7a b\u1ea1n (v\u00e0 c\u00e1c kho\u1ea3n th\u1ebf ch\u1ea5p v\u1eabn \u1ed5n), b\u1ea1n kh\u00f4ng mu\u1ed1n g\u1eb7p ph\u1ea3i t\u00ecnh tr\u1ea1ng y\u00eau c\u1ea7u k\u00fd qu\u1ef9 khi bong b\u00f3ng v\u1ee1 v\u00e0 t\u00e0i s\u1ea3n gi\u1ea3m gi\u00e1 tr\u1ecb. Nhi\u1ec1u ng\u01b0\u1eddi gi\u00e0u \u0111\u00e3 ph\u00e1 s\u1ea3n theo c\u00e1ch \u0111\u00f3 trong cu\u1ed9c kh\u1ee7ng ho\u1ea3ng t\u00e0i ch\u00ednh 2007-2008.\n Th\u1ee9 t\u01b0, s\u1edf h\u1eefu c\u1ed5 phi\u1ebfu ch\u1ea5t l\u01b0\u1ee3ng cao. Ch\u00fang t\u0103ng gi\u00e1 tr\u1ecb trong m\u00f4i tr\u01b0\u1eddng l\u1ea1m ph\u00e1t v\u00e0 gi\u1eef \u0111\u01b0\u1ee3c nhi\u1ec1u gi\u00e1 tr\u1ecb h\u01a1n khi gi\u00e1 t\u00e0i s\u1ea3n gi\u1ea3m. N\u00f3i c\u00e1ch kh\u00e1c, \u0111\u1eebng m\u1eafc ph\u1ea3i FOMO v\u00e0 theo \u0111u\u1ed5i c\u01a1n s\u1ed1t \u0111\u1ea7u t\u01b0 m\u1edbi nh\u1ea5t (Bitcoin, Gamestop, v.v.). \u0110i\u1ec1u n\u00e0y kh\u00f4ng c\u00f3 ngh\u0129a l\u00e0 b\u1ea1n nh\u1ea5t thi\u1ebft ph\u1ea3i b\u00e1n Bitcoin n\u1ebfu b\u1ea1n s\u1edf h\u1eefu m\u1ed9t s\u1ed1. N\u00f3 l\u00e0 m\u1ed9t d\u1ea1ng v\u00e0ng k\u1ef9 thu\u1eadt s\u1ed1 c\u00f3 th\u1ec3 l\u00e0 m\u1ed9t bi\u1ec7n ph\u00e1p ph\u00f2ng ng\u1eeba l\u1ea1m ph\u00e1t t\u1ed1t, nh\u01b0ng t\u00f4i s\u1ebd kh\u00f4ng t\u00ecm c\u00e1ch t\u0103ng th\u00eam v\u1ecb th\u1ebf c\u1ee7a m\u00ecnh \u1edf m\u1ee9c gi\u00e1 hi\u1ec7n t\u1ea1i.\n B\u1ea1n kh\u00f4ng n\u00ean c\u1ed1 g\u1eafng b\u00e1n kh\u1ed1ng bong b\u00f3ng v\u00ec nh\u01b0 Keynes \u0111\u00e3 n\u00f3i: \u201cth\u1ecb tr\u01b0\u1eddng c\u00f3 th\u1ec3 duy tr\u00ec tr\u1ea1ng th\u00e1i phi l\u00fd l\u00e2u h\u01a1n kh\u1ea3 n\u0103ng b\u1ea1n c\u00f3 th\u1ec3 duy tr\u00ec \u0111\u01b0\u1ee3c kh\u1ea3 n\u0103ng thanh to\u00e1n\u201d. C\u00e1ch t\u1ed1t h\u01a1n \u0111\u1ec3 ch\u01a1i bong b\u00f3ng l\u00e0 t\u1ea1o ra c\u00e1c t\u00e0i s\u1ea3n nh\u01b0 m\u1ed9t c\u00f4ng ty kh\u1edfi nghi\u1ec7p c\u00f4ng ngh\u1ec7 ho\u1eb7c SPAC.\n L\u01b0u \u00fd r\u1eb1ng trong tr\u01b0\u1eddng h\u1ee3p c\u1ee7a t\u00f4i, t\u00f4i th\u1eadm ch\u00ed kh\u00f4ng s\u1edf h\u1eefu c\u1ed5 phi\u1ebfu. T\u00f4i c\u00f3 m\u1ed9t chi\u1ebfn l\u01b0\u1ee3c t\u1eadp t\u1ea1 ch\u1ec9 v\u1edbi ti\u1ec1n m\u1eb7t v\u00e0 c\u00e1c c\u00f4ng ty kh\u1edfi nghi\u1ec7p c\u00f4ng ngh\u1ec7 t\u01b0 nh\u00e2n k\u00e9m thanh kho\u1ea3n ban \u0111\u1ea7u. N\u1ebfu b\u1ea1n c\u00f3 \u0111\u1ee7 s\u1ef1 \u0111a d\u1ea1ng h\u00f3a (ngh\u0129a l\u00e0 h\u01a1n 100 kho\u1ea3n \u0111\u1ea7u t\u01b0) \u0111\u1ec3 t\u00ednh \u0111\u1ebfn c\u00e1c c\u00f4ng ty kh\u1edfi nghi\u1ec7p th\u1ea5t b\u1ea1i, th\u00ec c\u00e1c c\u00f4ng ty kh\u1edfi nghi\u1ec7p c\u00f4ng ngh\u1ec7 t\u01b0 nh\u00e2n \u1edf giai \u0111o\u1ea1n \u0111\u1ea7u l\u00e0 lo\u1ea1i t\u00e0i s\u1ea3n t\u1ed1t nh\u1ea5t. H\u1ecd t\u1ea1o ra gi\u00e1 tr\u1ecb cho n\u1ec1n kinh t\u1ebf v\u00e0 c\u00f3 th\u1ec3 t\u0103ng tr\u01b0\u1edfng nhanh ch\u00f3ng. V\u00ec v\u1eady, th\u1eadt tuy\u1ec7t v\u1eddi khi s\u1edf h\u1eefu ch\u00fang trong c\u1ea3 m\u00f4i tr\u01b0\u1eddng l\u1ea1m ph\u00e1t v\u00e0 gi\u1ea3m ph\u00e1t.\n L\u01b0u \u00fd r\u1eb1ng t\u00f4i r\u1ea5t thay \u0111\u1ed5i s\u1ed1 d\u01b0 t\u00e0i s\u1ea3n c\u1ee7a m\u00ecnh gi\u1eefa ti\u1ec1n m\u1eb7t v\u00e0 c\u00f4ng ty kh\u1edfi nghi\u1ec7p. \u0110\u00f4i khi t\u00f4i l\u00e0 ng\u01b0\u1eddi kh\u1edfi nghi\u1ec7p. \u0110\u00f4i khi t\u00f4i d\u1ef1 tr\u1eef m\u1ed9t l\u01b0\u1ee3ng ti\u1ec1n m\u1eb7t l\u1edbn. Hi\u1ec7n t\u1ea1i, t\u00f4i \u0111ang x\u00e2y d\u1ef1ng ngu\u1ed3n d\u1ef1 tr\u1eef ti\u1ec1n m\u1eb7t c\u1ee7a m\u00ecnh trong khi v\u1eabn \u0111\u1ea7u t\u01b0. T\u00f4i \u0111\u1eb7c bi\u1ec7t th\u00edch ho\u1ea1t \u0111\u1ed9ng kinh doanh ch\u00eanh l\u1ec7ch gi\u00e1 khi b\u00e1n c\u00e1c c\u1ed5 phi\u1ebfu c\u00f4ng ngh\u1ec7 \u0111\u1ea1i ch\u00fang \u0111\u01b0\u1ee3c \u0111\u1ecbnh gi\u00e1 qu\u00e1 cao (ho\u1eb7c c\u00e1c c\u00f4ng ty tr\u01b0\u1edbc IPO) v\u00e0 \u0111\u1ea7u t\u01b0 v\u00e0o c\u00e1c c\u00f4ng ty kh\u1edfi nghi\u1ec7p c\u00f4ng ngh\u1ec7 giai \u0111o\u1ea1n \u0111\u1ea7u \u0111\u01b0\u1ee3c \u0111\u1ecbnh gi\u00e1 th\u1ea5p h\u01a1n m\u1ed9t ch\u00fat. Tuy nhi\u00ean, t\u00f4i nghi ng\u1edd vi\u1ec7c d\u1ef1 tr\u1eef ti\u1ec1n m\u1eb7t l\u1edbn s\u1ebd c\u00f3 \u00edch v\u00e0o m\u1ed9t th\u1eddi \u0111i\u1ec3m n\u00e0o \u0111\u00f3 trong v\u00e0i n\u0103m t\u1edbi.\n Ch\u00fac may m\u1eafn!\n ","Category":["N\u1ec1n kinh t\u1ebf","N\u1ec1n kinh t\u1ebf"],"_links":{"self":[{"href":"https:\/\/grinda.org\/vi\/wp-json\/wp\/v2\/posts\/31536","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/grinda.org\/vi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/grinda.org\/vi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/grinda.org\/vi\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/grinda.org\/vi\/wp-json\/wp\/v2\/comments?post=31536"}],"version-history":[{"count":3,"href":"https:\/\/grinda.org\/vi\/wp-json\/wp\/v2\/posts\/31536\/revisions"}],"predecessor-version":[{"id":31606,"href":"https:\/\/grinda.org\/vi\/wp-json\/wp\/v2\/posts\/31536\/revisions\/31606"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/grinda.org\/vi\/wp-json\/wp\/v2\/media\/31554"}],"wp:attachment":[{"href":"https:\/\/grinda.org\/vi\/wp-json\/wp\/v2\/media?parent=31536"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/grinda.org\/vi\/wp-json\/wp\/v2\/categories?post=31536"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/grinda.org\/vi\/wp-json\/wp\/v2\/tags?post=31536"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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