Sixteenth-century financier Thomas Gresham's law states that bad money drives out good money in a society or, succinctly, a currency that is overvalued will always drive out the money that is undervalued in parity.

Hong Kong is set to become the financial battleground over whether US or Chinese dominance will shape the world economy. The Foreign Account Tax Compliance Act will attempt to shake the tree of US expatriates who have failed to pay taxes on, or are hiding, income abroad in 2014.