Jmac00
.475 A&M Magnum
and they say they are going to start their own stock exchange. This should get very interesting
BlackRock is moving to Texas....................
- Thread starter Jmac00
- Start date
TEOTWAWKI inc.
.338 Win Mag
Fuck Blackrock
Catskillkid
.450/400 Nitro Ex
Agreed. Companies like Blackrock are what's wrong with this country.
The Stock Exchange has been floating the idea of leaving NY for a while now.
I hope they do.
I hope they do.
Saltwater60
20×102mm Vulcan
Sure as heck would get interesting if they did. The witch in Albany will have a hell of a time explaining this one and coming up with funds to replace Black Rock leaving let alone Wall Street leaving.
Bigfoot
.577 Tyrannosaur.
Hochul the Horrible can't do anything right.
The accidental Governor is terrible at her job.
The accidental Governor is terrible at her job.
TEOTWAWKI inc.
.338 Win Mag
spat
.950 JDJ
Wonder if the left will finally wake up to the fact that capital will just leave if you torture it too much.
TEOTWAWKI inc.
.338 Win Mag
They'll just follow it and try to torture it in TX.
It looks like TX has a couple different things happening. Nasdaq Texas and the Texas Stock Exchange (Blackrock).
The companies are dual listed right now. I'm not sure what that means for an investor though.
TEOTWAWKI inc.
.338 Win Mag
Could get interesting once the IRS and courts get involved.
I always wondered what jurisdiction a satellite (in space) bank would fall under. If a transaction actually took place on a server orbiting the earth, who governs that?
I always wondered what jurisdiction a satellite (in space) bank would fall under. If a transaction actually took place on a server orbiting the earth, who governs that?
spat
.950 JDJ
Would be like a ship at sea. What flag is it flying under.
Will get more interesting once there are Mars colonies. Sooner or later one is going to declare independence from the country that founded it.
What benefit is there to move the Stock Exchange from NY to TX?
I can see a company moving out of NY to escape the radically high taxes, and other interference in company operations.
But the Stock Exchange is just a listing, isn't it? Does the company listed owe anything to NY for being listed on the Stock Exchange?
I can see a company moving out of NY to escape the radically high taxes, and other interference in company operations.
But the Stock Exchange is just a listing, isn't it? Does the company listed owe anything to NY for being listed on the Stock Exchange?
TEOTWAWKI inc.
.338 Win Mag
Massive wealth will go with it. TX is probably the most favorable state for almost anything that is good for a business, and high earners. TX's economy rivals most countries already. Wall St is about the only thing NY has going for it right now. NYS might even try to go to TX after this.
spat
.950 JDJ
The stock exchange itself is a massive company, and it supports a massive range of industries built around it.
Many of those stock brokers and the whole infrastructure that supports them are only in NY because that's where the exchange is.
The problem with having most of your population paying no taxes is that you get fucked when the few people who do pay find a way to escape.
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Saltwater60
20×102mm Vulcan
Nope. They will not and they still cannot fathom this.
Robin
.577 Tyrannosaur.
Blackops. Same Same.
Robin
Robin
RedBreast21
6.5 Creedmoor
Over 50% of NYC taxes are paid for by "Wall Street" banking institutions. With the new mayor and Hochul, there isn't a reason to stay. Nothing is actually here. They entire financial district is essentially a tourism hub. 
The Chinese economy is tied tightly to the CCP controlled NYS economy, and the CCP also calls the shots in NYS politically, and have for a while now.
The billions skimmed from the many Authority hidden profits possibly go directly into the CCP banks, according to some un-named sources, for bribe payments to Biden and many top democrats who have lost USAID funding kickbacks.
Kamala got 1.5 billon to waste on her campaign...........think that came from small donors....it all came from the Feds and kickbck schemes, we paid for.
Once the NYS SE creates a new home in Texas, the CCP/NYS economies may collapse like Iran.
NYC will be all homeless and muslims,
The billions skimmed from the many Authority hidden profits possibly go directly into the CCP banks, according to some un-named sources, for bribe payments to Biden and many top democrats who have lost USAID funding kickbacks.
Kamala got 1.5 billon to waste on her campaign...........think that came from small donors....it all came from the Feds and kickbck schemes, we paid for.
Once the NYS SE creates a new home in Texas, the CCP/NYS economies may collapse like Iran.
NYC will be all homeless and muslims,