Thursday, 16 October 2008

Insolvency tourism

'The business area of New York has turned into a tourist Mecca. Thousands of tourists come to New York to see the consequences of the financial crisis.

New York’s oldest business area reminded a carnival last Friday, reports. Wall Street has never seen so many tourists, reporters, students, hot dog sellers and policemen. A street musician was playing the tune of Elvis Presley’s Amazing Grace, thinking that the melancholic melody would match the atmosphere of the street best.

The crowd gathered on Wall Street because of the stock market crisis. Many tourists said that they came to the street to see how the financial world was going to change.

A Swedish guide was telling his tourists that they could witness the historical event, when the United States lost its prestige and leading positions and gave way to a whole number of other counties with, for example, China among them.

Chinese tourists were also present at the funeral ceremony of the American economy. Their guide extended the standard excursion of New York (the Central Park, the ruins of Twin Towers, Time Square) with Wall Street.'


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