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That the financial industry would become "disbursed" is a bad thing?

I've read, in the past, that the concentration of finance in new York makes the US vulnerable, and that, using today's technology to spread finance more broadly across the nation, would strengthen the US. Personally, I tend to agree with this. Physical damage to one location would be less crippling. Jobs spread out across a wider area would improve economies. Technology development/buildout across a wider area, etc.

Perhaps spreading finance more broadly across Europe will ultimately be a positive?

🤨
ralph
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