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The trend is clear: with shrinking economies, there is less of a need
for financial centers in the respective areas which those centers service.

NY's total number of jobs in the financial sector, will continue to shrink, as the economy shrinks, and that trend will be accelerated during the next four years, when companies and people continue to hold on to their dough in preparation for the hard times that are coming.

Perhaps the people with the money should consider moving to areas like Hong Kong or to more economically friendly countries and regions. The U.S. is slowly shrinking, and Europe has already shrunk and getting smaller. What's left is not very encouraging,especially when those markets, like Hong Kong, are parts of larger markets which are not very friendly towards capitalism.
Posted by adornoe
13th Nov
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