Call Me Stormy

Finding righteous currents in turbulent times

Archive for the tag “bad investments”

NYC: An Emerging Wasteland

Where’s Snake Plissken when you need him?

Snake, for those of you who are movie buffs, was the hero played by Kurt Russell in the dystopian 1981 feature Escape from New York. Now, we’ve not only got New Yorkers leaving that hellhole behind, but hundreds, if not thousands, of investors promising to withdraw billions of dollars from New York banks, firms and investment houses.

You, too, can follow suit. Whether you have $5,000, $50,000 or $5 billion invested, lift any funds now helping support New York City and deposit the money elsewhere. Likely, how much you’ve got invested will dictate how quickly you can make the shift. But you most certainly do not want to invest in New York City, not with leftist lunatics like Manhattan Supreme Court Judge Arthur Engoron or New York Attorney General Letitia James around to wreak havoc.

Their decisions aren’t based on law, but simply are cheap shots aimed at political enemies. Neither deserves to remain in office. Here’s more from Neil Johnson, citing one large investment company that intends to move $2 billion out of New York City. Let the downfall accelerate!

Empty shelves inside a Whole Foods store in Brooklyn.

Why Banks Are Collapsing?

Investment banking is in trouble because of our economic recession and many other factors. Here’s why banks’ investments over the years have messed up global financial markets,  causing investors to pull out of the big investment banks. This is a story of finance, money and investment banking. More from Moon.

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