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AngryAmish

(25,704 posts)

14. Wall Street, as known, is a corpse walking.

Reply to StarTrombone (Reply #6)

Fri Jun 3, 2016, 08:40 PM

Jun 2016

The AI trading algorithms own it. The trading companies know it. The government has no clue. Less than a clue, they think the markets are not fixed...and will not understand that they are.

We. Are. Fucked.

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The Weeds: the economic recovery has been concentrated in big cities. That's a big problem. [View all] applegrove Jun 2016 OP

It's concentrated in 2 cities StarTrombone Jun 2016 #1

No, the tech hubs, too LisaM Jun 2016 #2

But much of that wealth ends up on Wall Street StarTrombone Jun 2016 #6

Wall Street, as known, is a corpse walking. AngryAmish Jun 2016 #14

Actually DC is home to some of the poorest. tonyt53 Jun 2016 #3

That's in the city StarTrombone Jun 2016 #5

The problem is NIMBYs that refuse any new development of Condos and apartments in the cities taught_me_patience Jun 2016 #4

No, the problem is that they build new housing and it's all for the luxury market. LisaM Jun 2016 #7

Would you build anything in Detroit? 1939 Jun 2016 #9

Not sure when the last time you were in Detroit was.... LisaM Jun 2016 #11

NIMBY isn't the problem, density isn't the solution Sen. Walter Sobchak Jun 2016 #8

I see this as a good thing in a lot of ways. Egnever Jun 2016 #10

There has been a demographic shift toward metropolitan living since the recession bhikkhu Jun 2016 #12

There is a shift to metropolitan living taught_me_patience Jun 2016 #13