Nouriel Roubini & Iam Bremmer write that 2009 will be a tougher year for the world economy than many anticipate. Huge changes are afoot, not the least of which is a shift in economic power. "As engines of economic growth, Shanghai is losing ground to Beijing, Mumbai to Delhi, and Dubai to Abu Dhabi." And in the United States, New York has been displaced by the nation's capital.
New York No Longer World or Even U.S. Financial Capital. That Honor Now Falls on Washington D.C.
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Seeded by Omyop View Original Article: 
Wall Street Journal
Seeded on Fri Jan 23, 2009 7:24 AM
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