1. The London syndrome.
- Author
-
MCDERMOTT, JOHN
- Subjects
ECONOMIC conditions in Great Britain, 1997- ,HOME prices ,CITIES & towns ,URBAN policy - Abstract
The article discusses the significance of the city of London in England to the entire British economy, considering its status as one of the great global cities that attract people and money from around the world. The author cites the costs of living in the city, the price of housing and the statement of Michael Goldfarb of "The New York Times" publication about global reserve currency. It presents a report from the financial firm JP Morgan about world's money and financial crisis.
- Published
- 2013