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Will NY be replaced as the financial center of the world?

Discussions about the economic and financial ramifications of PEAK OIL

Will NY be replaced as the financial center of the world?

Yes - The Party is Over for NY
8
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No - The Pump Monkeys will Win
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Total votes : 15

Will NY be replaced as the financial center of the world?

Unread postby roccman » Mon 25 Feb 2008, 11:51:36

I think it will be...

$this->bbcode_second_pass_quote('', 'S')peculative Onslaught. Crisis of the World Financial System: The
Financial Predators had a Ball

Financial Tsunami, Part V

by F. William Engdahl

Global Research, February 23, 2008

[...snip...]

At the end of February the Financial Times of London revealed that
US banks had "quietly" borrowed $50 billion in funds from a special
new Fed credit facility to ease their cash crisis. Losses at all the
major banks from Citigroup to J.P.Morgan Chase to most other major US bank groups continued to mount as the economy sank deeper into a recession that clearly would turn in coming months into a genuine depression.

No Presidential candidate had dared utter a serious word about their proposals to deal with what was becoming the greatest financial and economic meltdown in American history.

By the early days of 2008 it was becoming clear that Financial
Securitization would be the Last Tango for the United States as the
global financial superpower.

The question now was posed what new center or centers of financial power could conceivably replace New York as the global nexus. That we will examine in Part VI.

[...snip...]
"There must be a bogeyman; there always is, and it cannot be something as esoteric as "resource depletion." You can't go to war with that." Emersonbiggins
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Re: Will NY be replaced as the financial center of the world

Unread postby emersonbiggins » Mon 25 Feb 2008, 12:01:15

I was under the impression that the center of finance was now London, at least in terms of total transactions?
"It's called the American Dream because you'd have to be asleep to believe it."

George Carlin
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Re: Will NY be replaced as the financial center of the world

Unread postby efarmer » Mon 25 Feb 2008, 12:25:13

I had asked Mr. Bill a similar question some time back Rocc.
A friend from Europe noted that New York financial manipulation
and Washington political corruption and manipulation seem to
be Siamese twins, i.e. that one cannot exist or be changed
without the other following suit. If I had to guess I would
put Hong Kong #1, London #2, and New York at #3 by
2025. It was one thing when New York and Washington
colluded to pump retirement funds from their own people
down for an insider killing a couple of times, this latest faux
pas they shook down the international system with bad
certification of bad financial goods. We slipped our creditors
poison and now we are hoping for make up sex.
Are they really that horny and stupid?
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Re: Will NY be replaced as the financial center of the world

Unread postby mmasters » Mon 25 Feb 2008, 12:36:39

Don't think so. They don't call it the empire state for nothing. It will be one of the top financial centers of the world if not #1 then a duel capital with London. The puppet masters have a lot invested here. The next 5 years cameras are going up all over the city. It is planned to become a survellience city like London.
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Re: Will NY be replaced as the financial center of the world

Unread postby bodigami » Mon 25 Feb 2008, 21:49:58

post-TSHTF, no one will care which city is the center of the financial world.
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Re: Will NY be replaced as the financial center of the world

Unread postby Bas » Mon 25 Feb 2008, 21:59:37

$this->bbcode_second_pass_quote('emersonbiggins', 'I') was under the impression that the center of finance was now London, at least in terms of total transactions?


that's what I heard....
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Re: Will NY be replaced as the financial center of the world

Unread postby I_Like_Plants » Mon 25 Feb 2008, 23:23:32

I voted Yes because, if you move the Jews there to somewhere else, that somewhere else will be the financial center, of course.
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