No matter how diverse they are, metros embedded in mostly monocultural large host states aren't really globalized. Only city states fit bill
@joonian @gordonbrianr Yes, but the actual economic activity is dominantly linked to global economy because domestic is so small
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@vgr@gordonbrianr but all that activity is channeled through govt-linked corps, eg. sembawang, temasek, DBS, etc. insulating effect same. -
@vgr@gordonbrianr by contrast, property mkts in ldn, ny, hk, are far more globalised (and as a result competitive)
End of conversation
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