Hi ACF Mike, <<Hong Kong will likely replace New York as the economic capital of the world>> Yikes, I better cancel the stop-loss order on my residence:0)
BTW, on HK as money center, yesterday I took the bother to exchange my Hong Kong and Shanghai Banking Corporation multi-currency savings, time deposit and HKD checking accounts for their new Premier Banking Service that packages (under one account number, accessible by Internet, mobile phone and fixed line phone for internal and external transactions) multi-currency savings (USD, CAN, GBP, EURO, AUD, NZD, and some SE Asian currencies, oops, almost forgot, the Yen), time deposit, paper gold, HKD checking, Visa and ATM cards, HK stocks, and mutual funds (equity, bonds, by country/region, by sector).
It is just as well that I did not buy any paper gold yesterday in the course of setting up the account.
I am figuring the times are calling for ability to ESCAPE geographies, asset classes, currency denominations, and around the world, around the clock, just in case.
Chugs, Jay, a 21st century refugee |
