[Macoozie]

Half of “Wall Street” moved across the river to New Jersey years ago - The rest of anything of value is going to Miami-

In the beginning:
there was New York’s protected deep harbor.
Then access to the Hudson gave natural resources and military advantages.
Erie Canal gave the whole of America access too Old Europe.
Old Europe flooded into America through East Coast cities like NY.
Manufacturing bloomed upstate and followed down through NYC.
WWII used NY as a launching point.
UN brought the Globalists
The Village gave the artists space

Then it all started to crumble.

America turned to the Far East
Manufacturing left
New immigration rules turned off the European Spigot
Low-Rent warehouses were now High Priced “Lofts”
Crime, corruption, unsafe neighborhoods, bad school, union strangle holds.
The High Tax High Wage model doesn’t work anymore.

so the crumble continues - and it ain’t coming back because there is no reason for NYC anymore.

Let it all burn.

[Alberta's Child]

Good post. Bump for later.

[hanamizu]

New immigration rules turned off the European Spigot

---

Another ‘gift’ to America from Teddy Kennedy.

[Alberta's Child]

One of the things that made Wall Street a financial capital was that New York State laws and regulations were tailored to sound financial operations in the corporate world. Historically, companies in the financial sector had to meet very stringent regulatory standards in New York. This made NY-based companies in industries like banking and insurance much more stable and reliable than those in other states.

I don’t think Florida will ever come close to capturing a sizable piece of Wall Street. My rationale is probably odd: I have never seen Florida as a serious place to do business. Take a look at the Fortune 500 companies headquartered there, and notice how few names you even recognize. They seem to be heavily concentrated in the grocery and leisure/entertainment sectors. CSX Transportation — one of a half-dozen Class I railroads in North America — is the only one I can think of that has a critical presence that has impacts across multiple industries on a regional or national level.