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From Mean Streets to Wall Street: How Trump, Koch, and the other Gods of New York Remade America

Keen On America

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Wall Street's Double-Edged Impact on New York's Revival

This chapter explores Wall Street's transformative influence on New York City's economy during the 1980s, marked by a significant boom prior to the 1987 stock market crash. It contrasts the urban development and prosperity of the financial sector with the socioeconomic challenges faced by many New Yorkers who did not share in the wealth generated.

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