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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Cogito Ergo Sum who wrote (61610)	3/2/2010 1:54:37 AM
From: Seeker of Truth	Read Replies (3) \| Respond to of 217747

In downtown Toronto, where I live, there is a forest of construction, condominiums, office buildings. The city is collecting its taxes and can expect more income when all those buildings are finished and tenanted. It's difficult to make a case, on the ground, for Toronto's bankruptcy. I remember New York was in deep trouble about 30-40 years ago. New York city recovered since then. The right wing central government is squeezing Ontario which in turn tries to squeeze Toronto. But where do they put the new research institutes? Right near to the Ontario Government buildings. Everybody and his brother wants to live and operate in the city. That's where all the headquarters are. Of course HongKong, London, Paris, Tokyo are even more enormous power centers. I can't believe that any of them will go bankrupt. The suburbs of Toronto are quite a different story. Seeker of Truth