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To: finnman69
You wanna talk manufacturing in NYC? How about building billion dollar office buildings.

Errr, how do you export them? For wealth creation you have to have more flowing back out across the fence than flow in. This is wealth transfer again not creation.

In addition to the three classics of agriculture, raw materials production, and manufacturing one might make an argument that banking/stocks/bonds - the whole financial industry creates wealth by organizing capital. However, this activity can easily be moved anywhere as for example offshore banks and the NASDQ.

80 posted on 01/18/2005 7:02:07 AM PST by from occupied ga (Your government is your most dangerous enemy, and Bush is no conservative)
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To: from occupied ga
Errr, how do you export them?

People and buisnesses from outside NYC invest in properties and buy apartments. You dont have to always physically 'export' a product to sell a product. The art of real estate development in NYC is the ultimate manufactured product.

However, this activity can easily be moved anywhere as for example offshore banks and the NASDQ.

But it really can't be and wont, for far too many reasons to list here.

88 posted on 01/18/2005 7:09:57 AM PST by finnman69 (cum puella incedit minore medio corpore sub quo manifestus globus, inflammare animos)
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To: from occupied ga

Usually about now, someone chimes in that we couldn't live without NYC because they have a band or something and some twinkie ballerinas.


94 posted on 01/18/2005 7:14:08 AM PST by the gillman@blacklagoon.com
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To: from occupied ga
the whole financial industry creates wealth by organizing capital. However, this activity can easily be moved anywhere as for example offshore banks and the NASDQ.

The move could happen, but it certainly would not be easy. The economic disruption that would occur (around the world, not just in the US) if NY's financial industry was shut down or forced to move cannot be overestimated.

There's a very real reason why Al Qaeda counts the NYSE and the rest of NY's financial industry as a top target.

100 posted on 01/18/2005 7:18:15 AM PST by Modernman (What is moral is what you feel good after. - Ernest Hemingway)
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