Farewell Wall Street, Hello to the Next Financial Center

Farewell Wall Street
by JJC

The world wakes up and says hello to
Hong Kong, Shangai, Lisbon, Singapore and Tokyo
After all, 17th-century Amsterdam has long given
Way to 19th-century London which ceded to
20th-century New York.
There is a shifting of the financial centers
Bust follows boom in all financial capitals
Nobody knows whom to trust any more
Rich today, but poor tomorrow
There is Madoff Ponzi scheme to deal with
The dot-com boom is followed by the real estate bust
Foreclosures destroy the American Dream
In the midst of the recession, homeowners get depressed
Nobody remembers the recent good times: easy credit, equity, remodeling etc
First came bailout, then the stimulus package arrived on the scene