BREAK
IT
UP
because the dollar provides economic feedback from the *entire* US economy, which = mostly the NYC/LA/etc economy
-
-
if Portland's economy isn't in lockstep with those--exporting when they export, etc--it'll suffer
-
give any currency union a long enough time period and only one city in it will remain competitive
-
this wiped out regional economies in European nations--why Paris, London, etc dominate their countries
-
we are now seeing the same thing play out in the USA--one city after another slips into terminal stagnation
-
You have something long-form on this 'feedback' I can peruse? I'm not immediately understanding your claim, which is unusual.
-
you must read "Cities and the Wealth of Nations" by Jacobs
End of conversation
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.