" New York is finished!" Altucher

• James Altucher has left New York City for Miami and may never return 
• In a blog post on Monday, he said business opportunities, culture and the food scene in NYC had all gone  
• They were wiped out by COVID-19, then a week of riots and looting sent other residents running for other cities
• Now, crime and homelessness is on the rise which is stopping people from coming back 
• It means that the city is not likely to recover as it has from every other crisis 
• After 9/11, people were forced back to their office jobs because internet speed was too slow for people to work from home, he said 
• Now, businesses can function entirely through Zoom 
• Jamie Dimon, the CEO of JP Morgan Chase, said recently there was still a need to bring people back into offices
• Facebook is also investing in New York City to try to ensure it will remain a global business center   Altucher

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"The food scene..."  Yes there were a lot of very fine restos in the Big Crummy.  They were not worth a prolonged stay in Manhattan, although I must admit that the view from a hotel room on the 20th floor across Central Park was splendid.

But, the people more than made up for the menus with their curt pushiness and frantic activity.

I never liked the place, still don't.  If I live to see it in a much shrunken condition, a shadow of its former self, that will be just fine by me.  pl

https://www.dailymail.co.uk/news/article-8635857/Why-NYC-WONT-survive-coronavirus-Entrepreneur-outlines-city-forever-changed.html

Comments

[turcopolier]

J et al

These people are broke and going hungry because the Democrat politicians want to keep the economy shut down in the belief that simple minded people will blame Trump who has been trying to get the economy opened. The Democrat strategy will probably work. How many of the people in this video would EVER vote Repubican? Enjoy! Trump's big mistake was to ever shut down the economy on the advice of deep state Democrats like Fauci.

[Fred]

J,

Yes, he's re-enslaved those who had been marginally independent in one of the most over-taxed and over-regulated cities in America. His wife's staff hasn't missed a paycheck or a meal. Socialism in action, just like everywhere else it has been implemented.