Just had that conversation today with four strangers and they all agreed.
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I wonder if China is talking about the FRN?
Chinese banks are seeing the writing on the wall in terms of the debt they've accumulated, and they are taking measures to protect themselves.
The Bank of China is planning the biggest sale of shares ever — $6.5 billion to offshore investors, Bloomberg says. It's all in an effort to create a capital cushion.
http://finance.yahoo.com/news/chinas...170325658.html
The path to citizenship?
You might follow the route of King Louis XVI. As a monarch he was all powerful. As a citizen he lost his head.
http://en.wikipedia.org/wiki/Louis_XVI_of_France
Quote:
Louis was officially arrested on 13 August 1792, and sent to the Temple, an ancient fortress in Paris that was used as a prison. On 21 September, the National Assembly declared France to be a Republic and abolished the Monarchy. Louis was stripped of all of his titles and honours, and from this date was known as simply Citoyen Louis Capet.