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Originally Posted by leoliu
NYC is the undisputed capital of illegals.
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That would be London. There are more illegal immigrants living in London than there are in the entire state of New York.
London is home to 70% of the UK's nearly 900,000 illegal immigrants | Daily Mail Online
Moderator cut: link removed, linking to competitor sites is not allowed
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The deteriorating and run down infrastructure of nyc indicates that its power has peaked and its best days are over and it is in a sunset status.
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New York makes London look like the third world, statistically. New York is a much wealthier and more productive city.
GDP
New York City $1.559 Trillion
Greater London & SE England $829.336 Billion
GDP per capita
New York City: $81,578
Greater London & SE England $48,689
New York is the world's financial capital, according to the three large studies.
Global Financial Centres - a study commissioned by the City of London.
New York Strips London of Mantle as World's Financial Center
Another such study was released today.
London is still losing ground to New York in battle of the finance centres - Telegraph
LOL.
World's Absolute Financial Centers, GAWC 2014
1 New York
2 London
Financial Services
1 New York
2 London
3 Chicago
4 San Francisco
Banking
1 New York
2 Chicago
3 Boston
4 Washington DC
5 London
6 San Francisco
Investment Banking
1 New York
2 London
3 San Francisco
Investment Management
1 New York
2 London
3 San Francisco
Capital Markets
1 New York
2 London
3 Chicago
Venture Capital & Private Equity
1 San Francisco
2 New York
3 London
...yet NYC has largest corporate market capitalization and assets under management on earth.
New York, USA: 9 companies, $1.805 Trillion Market Cap
Johnson & Johnson $277.0 Billion
GE $259.6 Billion
JPMorgan Chase $229.7 Billion
Pfizer $203.9 Billion
IBM $202.5 Billion
Verizon $197.7 Billion
Merck $165.8 Billion
Citigroup $145.1 Billion
PepsiCo $126.2 Billion
London, UK: 6 companies, $802.8 Billion Market Cap
HSBC $192.6 Billion
BP $148.8 Billion
GlaxoSmithKline $128.8 Billion
Unilever $124.5 Billion
British American Tobacco $104.3 Billion
Rio Tinto $103.8 Billion
New York is by most factual studies (rather those with a crushing inferiority complex) the most powerful city in the world. Economists and other academics who study these things will do the thinking for you.
What Is the World's Most Economically Powerful City? - The Atlantic
Someone relay this memo to New York's super rich, lol.
Billionaire boom: Where the money is now - Sep. 16, 2014
Yet the world still pours their money into New York.
New York is the most popular city in the world.
Global survey reveals that New York is the world's most popular city
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The concentration of unskilled and semi/under civilized residents is only exceeded by major cities in the country of india.
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You seem to be confusing New York with London.
So many Londoners seem to have a deep and crushing inferiority complex when it comes to New York as of late. What else could explain the resident Londoners who sit on the New York board to hurl their unfounded opinions (masked insecurity).
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