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Old 09-30-2013, 10:46 PM
 
Location: roaming gnome
12,384 posts, read 28,535,266 times
Reputation: 5884

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Saying Chicago is #2 financial center is like having 2 fruits, an apple and a banana, and the banana is the #2 fruit. At the end of the day, one is still an apple and one is a banana. The cities are pretty different. Socially and culturally Chicago is definitely more like Cleveland or St. Louis than it is New York. That is very clear I think, it's just way bigger and of course has way more to do, and has several noticeable ethnic neighborhoods, but the core people are somewhat similar.

 
Old 10-01-2013, 01:12 AM
 
2,507 posts, read 3,385,916 times
Reputation: 2718
Quote:
Originally Posted by grapico View Post
Saying Chicago is #2 financial center is like having 2 fruits, an apple and a banana, and the banana is the #2 fruit. At the end of the day, one is still an apple and one is a banana. .

Well, the folks over at the Economist, you know, the world's most influential magazine had an interesting article awhile back..

CME Group: The futures of capitalism | The Economist

some quotes..

"Yet CME’s growth in recent years has been nothing short of spectacular (see chart). It now boasts a market valuation of more than $20 billion, nearly twice as much as Intercontinental Exchange (ICE), another rising star in the financial firmament. The NYSE is, meanwhile, now worth less than $10 billion."

a graph

http://cdn.static-economist.com/site...511_FNC588.png

and the concluding sentence...

" CME is evolving into an ever more sophisticated institution that plays a key role in many sorts of financing. If tourists want to get a glimpse of the inner workings of capitalism, they now have to make a trip to the lovely city of Chicago."


maybe us Chicagoans should in fact just wallow in the irrelevance of our hometown and cheer on New York's tendency to gaze at itself in the mirror.......
 
Old 10-01-2013, 06:29 AM
 
Location: Broward County Florida
555 posts, read 592,395 times
Reputation: 133
Quote:
Originally Posted by midwest1 View Post
Well, the folks over at the Economist, you know, the world's most influential magazine had an interesting article awhile back..

CME Group: The futures of capitalism | The Economist

some quotes..

"Yet CME’s growth in recent years has been nothing short of spectacular (see chart). It now boasts a market valuation of more than $20 billion, nearly twice as much as Intercontinental Exchange (ICE), another rising star in the financial firmament. The NYSE is, meanwhile, now worth less than $10 billion."

a graph

http://cdn.static-economist.com/site...511_FNC588.png

and the concluding sentence...

" CME is evolving into an ever more sophisticated institution that plays a key role in many sorts of financing. If tourists want to get a glimpse of the inner workings of capitalism, they now have to make a trip to the lovely city of Chicago."


maybe us Chicagoans should in fact just wallow in the irrelevance of our hometown and cheer on New York's tendency to gaze at itself in the mirror.......
Did the Economist say that the growth of CME or Chicago being the second largest financial center makes Chicago culturally more similar to New York than St. Louis ? Does CME magically removes Chicago from Midwest and changes Chicago's culture and attitude? Does it make Chicago more cosmopolitan or wordly?

It's like saying that Caterpilar makes Peoria IL a cosmopolitan city. Lol

Once more: The growth of CME doesn't change the fact that culturally Chicago is much much closer to St. Louis or Milwaukee than it is to New York or LA.

Last edited by flotard; 10-01-2013 at 07:15 AM..
 
Old 10-01-2013, 06:36 AM
 
Location: Broward County Florida
555 posts, read 592,395 times
Reputation: 133
Quote:
Originally Posted by ChicagoorSeattle View Post
This is honestly ****ing hilarious.

You really think there arent people in NYC who are fratboys, or "wear sneakers" and uggs/shorts?

And thats what separates cosmopolitan-NYC from non-cosmopolitan-Chicago?

Old Italian American men come into my work all the time looking for the most basic low grade clothing. They dont give a **** about what they wear as long as its cheap. A shirt is a shirt. Oh im sorry, lets use the example you did. Sneakers.

I dont even know what flotard is saying anymore, and I dont think he does either.

Its honestly impressive how absolutely moronic some people can be that you cross paths with on the internet.
You either pretend you don't understand or really unable to comprehend what is being said here. Yes, New York is much ore cosmopolitan. Yes, New York frat boy culture is almost nonexistantent except for transplants. What else you have a problem with?

Last edited by flotard; 10-01-2013 at 06:45 AM..
 
Old 10-01-2013, 07:52 AM
 
Location: In the heights
37,189 posts, read 39,473,415 times
Reputation: 21293
Quote:
Originally Posted by flotard View Post
You either pretend you don't understand or really unable to comprehend what is being said here. Yes, New York is much ore cosmopolitan. Yes, New York frat boy culture is almost nonexistantent except for transplants. What else you have a problem with?
I think people are questionig your posts because they don't seem to follow any line of logic but just skip from one blanket assertion to another and without ever actually addessing any of the holes in your thinking. I understand you are trolling but can't you do better? Aren't you ashamed of being this bad at it?

Have you ever been to New York or Chicago? Sure, NYC is more cosmopolitan--but NYC is more cosmopolitan than any city in the US irrespective of whatever region the comparison city is a part of. Chicago's frat boy culture is, like NYC's, almost entirely transplants.

If you're talking retarded sports fans and people who think throwing on some random sports paraphanelia is fashionable then both cities and pretty much every city in the US is guilty of that. Mouth breathers are everywhere.
 
Old 10-01-2013, 08:13 AM
 
Location: Broward County Florida
555 posts, read 592,395 times
Reputation: 133
Quote:
Originally Posted by OyCrumbler View Post
I think people are questionig your posts because they don't seem to follow any line of logic but just skip from one blanket assertion to another and without ever actually addessing any of the holes in your thinking. I understand you are trolling but can't you do better? Aren't you ashamed of being this bad at it?

Have you ever been to New York or Chicago? Sure, NYC is more cosmopolitan--but NYC is more cosmopolitan than any city in the US irrespective of whatever region the comparison city is a part of. Chicago's frat boy culture is, like NYC's, almost entirely transplants.

If you're talking retarded sports fans and people who think throwing on some random sports paraphanelia is fashionable then both cities and pretty much every city in the US is guilty of that. Mouth breathers are everywhere.

So you just come to this thread and all of a sudden accuse other posters of trolling? Isn't that like a serious violation of TOS here?


And no, while in Chicago frat boy culture of big ten is omnipresent, in New York is almost unseen.
New York is not a big college sports town, you don't go to nyu to spend time at football games, you know? Lol

Once more, in my opinion based on time spent in both Chicago and NYC, NYC is much more artsy, intellectual, open-minded, refined, cultured and friendly than Chicago. Don't forget less racially segregated, because when you're black "Chicago's friendliness" takes on a totally different meaning.

Now, don't you have other threads that you can just jump in and play the peacemaker?

Last edited by flotard; 10-01-2013 at 08:28 AM..
 
Old 10-01-2013, 08:20 AM
 
Location: roaming gnome
12,384 posts, read 28,535,266 times
Reputation: 5884
Quote:
Originally Posted by midwest1 View Post
Well, the folks over at the Economist, you know, the world's most influential magazine had an interesting article awhile back..

CME Group: The futures of capitalism | The Economist

some quotes..

"Yet CME’s growth in recent years has been nothing short of spectacular (see chart). It now boasts a market valuation of more than $20 billion, nearly twice as much as Intercontinental Exchange (ICE), another rising star in the financial firmament. The NYSE is, meanwhile, now worth less than $10 billion."

a graph

http://cdn.static-economist.com/site...511_FNC588.png

and the concluding sentence...

" CME is evolving into an ever more sophisticated institution that plays a key role in many sorts of financing. If tourists want to get a glimpse of the inner workings of capitalism, they now have to make a trip to the lovely city of Chicago."


maybe us Chicagoans should in fact just wallow in the irrelevance of our hometown and cheer on New York's tendency to gaze at itself in the mirror.......
I'm in awe, who is talking about the economy or things to do. What are you even on about? How is this anything to do with what I said. What does CME group have to do with anyyyyything? Also, save the self pity stuff. Can you at least respond or refute anything I said? It's not a bad thing, it's just what it is. We all know Chicago is a financial powerhouse, in fact, I'm sure you aware CME Group bought the NY Mercantile Exchange years ago. But that has nothing at all to do with anything.

So let's go there again.

We are talking about a specific thing, the culture of the general population, traits, interests, habits, mannerisms. People in Chicago are indeed more similar to a St. Louis, Cleveland, or Milwaukee. Why is this a bad thing? Chicago is the de facto big city where people move to from other Midwest states. NYC pulls largely from the East Coast so has East Coast sensibilities, but also pulls a wider range from around the country and world, b/c it's NYC. LA does this in a similar fashion. Yes Chicago is way bigger and would argue better but outside of recent immigrants (which all big cities have at this point) the people are more similar to other midwestern cities than people living in New York, or even the East Coast in general. It's pretty obvious.

Last edited by grapico; 10-01-2013 at 08:58 AM..
 
Old 10-01-2013, 08:42 AM
 
Location: Brooklyn, New York
5,465 posts, read 5,717,596 times
Reputation: 6098
Quote:
Originally Posted by midwest1 View Post
Well, the folks over at the Economist, you know, the world's most influential magazine had an interesting article awhile back..

CME Group: The futures of capitalism | The Economist

some quotes..

"Yet CME’s growth in recent years has been nothing short of spectacular (see chart). It now boasts a market valuation of more than $20 billion, nearly twice as much as Intercontinental Exchange (ICE), another rising star in the financial firmament. The NYSE is, meanwhile, now worth less than $10 billion."

a graph

http://cdn.static-economist.com/site...511_FNC588.png

and the concluding sentence...

" CME is evolving into an ever more sophisticated institution that plays a key role in many sorts of financing. If tourists want to get a glimpse of the inner workings of capitalism, they now have to make a trip to the lovely city of Chicago."


maybe us Chicagoans should in fact just wallow in the irrelevance of our hometown and cheer on New York's tendency to gaze at itself in the mirror.......
That article is about the company's value. NYSE is the biggest exchange in the world, with the market cap of over $14 trillion.

List of stock exchanges - Wikipedia, the free encyclopedia
 
Old 10-01-2013, 08:43 AM
 
Location: In the heights
37,189 posts, read 39,473,415 times
Reputation: 21293
Quote:
Originally Posted by flotard View Post
So you just come to this thread and all of a sudden accuse other posters of trolling? Isn't that like a serious violation of TOS here?


And no, while in Chicago frat boy culture of big ten is omnipresent, in New York is almost unseen.
New York is not a big college sports town, you don't go to nyu to spend time at football games, you know? Lol

Once more, in my opinion based on time spent in both Chicago and NYC, NYC is much more artsy, intellectual, open-minded, refined, cultured and friendly than Chicago. Don't forget less racially segregated, because when you're black "Chicago's friendliness" takes on a totally different meaning.

Now, don't you have other threads that you can just jump in and play the peacemaker?
You don't go to Chicago for college football games either--it's the transplants who do so. And Manhattan is full of transplant bars and lounges. Ever been to Whiskeytown? One of the dozens if not hundreds of fratty bro bars that are in the city. How about the wonderful bridge and tunnel crowd and the Jersey Shore type? Is that much better? Wonderful that they've discovered Williamsburg in recent years. Really wonderful.

It's a minuscule portion of either city that is artsy, intellectual, open-minded, refined, cultured, and friendly (this one doesn't seem to fit in with the others; along with open-minded in some facets) and it's easy to take one's own social bubble to be representative of the city as a whole. And while NYC does have a lot more of the type in numbers, Chicago isn't particularly lacking in it considering the size difference.

This isn't peacemaking so much as poking fun at the short bus. I guess it's unethical.

Last edited by OyCrumbler; 10-01-2013 at 08:55 AM..
 
Old 10-01-2013, 08:56 AM
 
1,160 posts, read 1,660,769 times
Reputation: 1605
Quote:
Originally Posted by BigLake View Post
That's what people from Cleveland, Omaha, Fargo, St. Louis and smaller Midwest towns like to hold on to, right? Of course there are affinities between Chicago and Midwest cities, many (most) of the people are from the same local region, matriculate through the same college, etc. So, to some extent, this is correct, naturally. However, as a global business center, and even on many cultural planes, Chicago has a LOT more in common with NYC than it does with St. Louis or Indianapolis or Grand Rapids. It just does. I'm sure you will believe what is most convenient for you, but from a business perspective, that i not the case.
You just mentioned Cleveland and St. Louis in the same sentence as Fargo to make a point. Therefore, your point is nullified. I stick by my opinion that by and large, Chicago is more similar to other major Midwest cities than it is to the major cities of either coast, from a cultural and social perspective. Just because it's bigger doesn't change its nature.
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