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The New York metropolitan area had an estimated gross metropolitan product of $901.3 billion in 2004, larger than the GDP of India and slightly less than that of Canada. The city's economy accounts for the majority of the economic activity in the states of New Jersey and New York.
Originally posted by ShatteredSkies
Alot of people here are underestimating how important the US Stock Exchange is in NY city. It's been said (I've seen this on Discovery Channel stated by a former General who used to head an EMP development program for the military) that if there was an EMP strike above NYC, the immediate effect would be the collapse of the economy. That's the immediate effect, not to say it can't be returned back to normal, but it will be heavily effected.
Helig, less than you know, people aren't as prepared as you're giving them credit.
The US Still hasn't completely recovered from the Depressions of '29 and the 80's. Imagine if a nuke hit the stock exchange, wiped out completely.
And Murcielago, have you ever been to NYC? I have, I live 20 miles east of it, in an open area with elevation no higher than 20 feet... above sea level, if they get hit, I'm getting hit too. There are more people per square mile than in Hiroshima and Nagasaki, over 2 million people commute into Manhattan each day. Hit it in rush hour, well death toll will exceed a mere 100k. Easily. It is so dense in NYC.
But what Tool said is right, I'd have to agree with him. The world economies would be hit hard if downtown NYC was hit, no other city in the country has the Stock Exchange, only NYC. Los Angelas may have the biggest port in the country, but NYC sees more money come through it's buyers and sellers.
Originally posted by planeman
Several big banks have moved their trading floors out of New York. And whilst I agree that people aren't as prepared as they would claim, Helig has a valid point - that in general data back-up is far better than it was. The question is how well.
Originally posted by NegativeBeef
uhh, a nuke attack on NYC would trigger a nuclear war.
Originally posted by Night
It would depend on who did it, we wouldn't know for several hours.