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re: Shrimpers plan to tie up boats over dropping prices
Posted on 9/6/14 at 12:29 pm to JasonL79
Posted on 9/6/14 at 12:29 pm to JasonL79
quote:
Also Viets can afford to work because the government hands everything they need to them. New boats, equipment, etc
Not sure where this misconception came from but this is not true at all. There is no government subsidies or handouts. Fishing boats are bought by the Vietnamese community pooling in there money. My dad and his friends bought their first boat in 83' by pooling his money with 3 other family(also had to borrow more from friends and family). The thing with minorities is they are really good at loaning money and helping each other. You will see the same thing with cambodian with doughnut shop, pakistanis with gas station, indians with 7-11, korean with dry cleaners, etc.
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