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Just as people in Japan don't see NY being greater than Tokyo while everyone is biased.
I assume that since you are a self-proclaimed urbanologist, you are fully aware of the fact that New York is usually placed ahead of Tokyo in influential city rankings, arent you? Bias or no bias thats the objective reality.
Mostly because people move to Brooklyn looking for relative affordability. Quite a few Manhattanites live there because they can afford to, and the rest are in rent controlled apartments. Like I said just my opinion but it seems it's the middle class and the poor that suffer the most when the economy declines. Pure conjecture, I admit it!
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LOL, what about the pound then? It already lost like half of its value. I remember when 1 pound was over 2 dollars, now its like 1.6. If the dollar crashes... we will just reach parity. You make it sound like US is the only country who is in trouble. EU and Japan are in much more trouble than us.
Also, Tokyo (and Japan in general) is pretty much maxed out in terms of population and NYC adds much more people every year compared to Tokyo. Tokyo used to be considered super-dense, now New York is overtaking Tokyo in density as well.
Well, that was in the past. You see I use to live in Japan. The average yen to the dollar was around 120 Yen. Right now for every 1 US dollar you only can get 0.76 Yen. That is down right pathetic if you ask me. When my girlfriend from England visits she get a whole lot more than the average rate. She gets around a 1.60 US for every pound and when converted back she only get's 0.62. That's an extra 60 cents on every dollar. LOL Come on are you serious? Our buying power over seas suck right now. America is a good bargain for other countries like China to invest in. We had to borrow money from China to pay for the war in Afgahnistan of all things.
Well, that was in the past. You see I use to live in Japan. The average yen to the dollar was around 120 Yen. Right now for every 1 US dollar you only can get 0.76 Yen. That is down right pathetic if you ask me.
Thats due to the fact that Japan's yen is in a deflationary spiral and its economy has been stagnant for the past... 20 years now?
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When my girlfriend from England visits she get a whole lot more than the average rate. She gets around a 1.60 US for every pound and when converted back she only get's 0.62. That's an extra 60 cents on every dollar. LOL Come on are you serious?
Umm hello? Pount used to be 2x the dollar in boom times, it dropped sharply after 2008 crisis and is now only 1.6. That's the whole point, you can only get 1.6 dollars for every pound now. If your girlfriend came here in 2006, she would be able to get 2 dollars for every pound.
Thats due to the fact that Japan's yen is in a deflationary spiral and its economy has been stagnant for the past... 20 years now?
Umm hello? Pount used to be 2x the dollar in boom times, it dropped sharply after 2008 crisis and is now only 1.6. That's the whole point, you can only get 1.6 dollars for every pound now. If your girlfriend came here in 2006, she would be able to get 2 dollars for every pound.
I also remember the 2:1 L/USD ratio.
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