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by Spooky23
3134 days ago
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The New York economic situation is much worse than 2002, an didn’t the far from the rest of the country. The state and local government now gets like 30-40% of revenue from financial services. If you compare the economy of 1967 to 2017, it’s more telling for NYC. Upstate is even more dramatic. The economy in central/western NY imploded. The trickery is around the massive debt and the use of the dollar as a reserve currency. 100 dollar bills represent 80% of currency in circulation are like the equivalent of beaver bonds overseas. |
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