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NYC's decline has begun

Started by rufus
over 17 years ago
Posts: 1095
Member since: Jul 2008
Discussion about
AM magazine reported that NYC can lose up to 250K jobs. And with the stock market crashing today, things look pretty bad, especially for NYC. Money, jobs, and people are leaving the city, and by 2012, it will be the east coast version of detroit. And not even Bloomberg can do anything about that.
Response by nyc10022
over 17 years ago
Posts: 9868
Member since: Aug 2008

If all the money and jobs left the city, it would look like, well, Chicago (plus decent restaurants and culture).

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Response by semerun
over 17 years ago
Posts: 571
Member since: Feb 2008

People falsely predicted the end of NYC back in the 1930's also....and again in the 70's.

Rufus doesn't have history on his side. I am not saying it's impossible, but not likely.

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Response by kspeak
over 17 years ago
Posts: 813
Member since: Aug 2008

http://abcnews.go.com/Business/Economy/story?id=6075580&page=1

Again, rufus, at least we aren't already in recession like Chicago/Illinois. Didn't you read what I sent you yesterday?

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Response by junkman_r_u_serious
over 17 years ago
Posts: 230
Member since: May 2008

I hate to say it, but I agree with rufus. Chicago does top New York

http://cbs2chicago.com/local/chicago.homicide.rate.2.847736.html

In fact, Chicago tops all other cities in the USA as the murder capital of the country this year!

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