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**lorryuncori** · 10-09-2009, 07:55 PM

The US is (and will remain) for a very long time the world's largest and most significant economy. China's GDP per capita is an utter fraction of that in the US.

Moreover, NY's leading position in the world is evidenced not only by the hedge fund figures (and anyone who suggests that hedge funds are irrelevant broadcasts his lack of knowledge regarding finance), but even by the little fact that Thompson Reuters de-listed from London and listed in NY, along with moving its global HQ from London to NY.

Lastly, the suspicion of the Anglo-American financial model will accelerate the growth of European financial centers like Paris and Frankfurt. Given, for example, German mistrust of the British model, a German company seeking to raise funds will be more inclined today do so in Frankfurt -- not London.

The following article from the FT addressed Continental displeasure with the UK model and Paris' desire to rival London as the European financial center.

http://www.ft.com/cms/s/0/b278edfe-7...nclick_check=1

The following article from the Economist also addressed Continental's mistrust with the British financial system.

http://www.economist.com/world/europ...ry_id=14082324

10-09-2009, 07:55 PM	#4
lorryuncori Join Date Oct 2005 Posts 395 Senior Member	The US is (and will remain) for a very long time the world's largest and most significant economy. China's GDP per capita is an utter fraction of that in the US. Moreover, NY's leading position in the world is evidenced not only by the hedge fund figures (and anyone who suggests that hedge funds are irrelevant broadcasts his lack of knowledge regarding finance), but even by the little fact that Thompson Reuters de-listed from London and listed in NY, along with moving its global HQ from London to NY. Lastly, the suspicion of the Anglo-American financial model will accelerate the growth of European financial centers like Paris and Frankfurt. Given, for example, German mistrust of the British model, a German company seeking to raise funds will be more inclined today do so in Frankfurt -- not London. The following article from the FT addressed Continental displeasure with the UK model and Paris' desire to rival London as the European financial center. http://www.ft.com/cms/s/0/b278edfe-7...nclick_check=1 The following article from the Economist also addressed Continental's mistrust with the British financial system. http://www.economist.com/world/europ...ry_id=14082324
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