Comments (27)

Jul 25, 2022 - 8:55pm
Arroz con Pollo, what's your opinion? Comment below:

Money. Yes, DC has the politicians, but who funds them?

New York. If we wanted to go the "power" route you could argue Riyadh as Saudi money controls our foreign policy, which in turn controls us.

You might think you understand how much money they have but you don't. Oil money is insane. The true wealth of these guys shits on Elon

Jul 25, 2022 - 8:56pm
Pierogi Equities, what's your opinion? Comment below:

DC is the most important politically (similar to Beijing though), but NYC is still much more important since it still has the deepest capital markets which affects most of the American economy to some kind of degree. While it's obviously true that London is also very important, and probably more linked to other markets, Europe isn't a high growth market anymore, and depending on how Brexit shakes out, London could lose its edge. NYC is not going to lose that, it would take the whole American economy slowing down for that to happen.

Quant (ˈkwänt) n: An expert, someone who knows more and more about less and less until they know everything about nothing.

  • 5
  • 1
Learn More

300+ video lessons across 6 modeling courses taught by elite practitioners at the top investment banks and private equity funds -- Excel Modeling -- Financial Statement Modeling -- M&A Modeling -- LBO Modeling -- DCF and Valuation Modeling -- ALL INCLUDED + 2 Huge Bonuses.

Learn more
Jul 25, 2022 - 8:56pm
AlphaMale69, what's your opinion? Comment below:
[Comment removed by mod team]
Jul 26, 2022 - 10:33am
camembert, what's your opinion? Comment below:

I think you ought to make a distinction between the "most powerful city" vs. the "city where powerful people reside." Sure, D.C. might have all the American political organs of power - but the major stakeholders in the city itself (business, arts, media) do not hold serious influence over domestic or international policy. Yes, there are probably a handful of think-tanks in D.C. - but none with the serious clout of the multinationals headquartered in New York.

Jul 26, 2022 - 8:10pm
Pierogi Equities, what's your opinion? Comment below:

I'm reading The Prince right now too.

Quant (ˈkwänt) n: An expert, someone who knows more and more about less and less until they know everything about nothing.

  • 1
Jul 26, 2022 - 2:11pm
PEarbitrage, what's your opinion? Comment below:

It isn't a city but rather a place.  It is with out a dobut the Mid Western US.  This area of the world drives the calorie creation for the entire planet.  

As seen above this entire line of questioning is idiotic.  It could be argued that Dubuque, IA is the most powerful city in the world.  Or even that New Orleans or Houston is the most powerful city in the world as these are major energy transit hubs.  The world is much more complicated than just politics or money, there is real world things that have as much or even bigger sways on the way the world works. 

Jul 26, 2022 - 8:16pm
Pierogi Equities, what's your opinion? Comment below:

I've thought about this a lot over the years, and how that's increasingly going to become more important as Africa and other places develop more and consume even more resources. I don't know much about agricultural commodity markets, but with Russia/Ukraine having issues bringing their grain to market, wouldn't this be a great thing for Midwestern farmers (not sure how much grain we actually grow)? As a result, I've wondered how this would affect places along the Mississippi River in the future. Will the Minneapolis-St. Louis-New Orleans corridor lead the agricultural commodity future? That would be wild and probably is a complete mischaracterization, but is something fun to think about.

Quant (ˈkwänt) n: An expert, someone who knows more and more about less and less until they know everything about nothing.

  • 2
Jul 26, 2022 - 10:07pm
PEarbitrage, what's your opinion? Comment below:

If we didn't have idiots running the world, yes.  The issue is ferterlizer, who ever advised world leaders to embargo Russian gas do not know anything about agriculture or what natural gas is used for.  There is a major global ferterlizer shortage that is predicted to lead to a harvest that might be 10 - 20% lower than normal.

Jul 26, 2022 - 9:35pm
SafariJoe, what's your opinion? Comment below:

smors9

Is it DC, NY, London, or something else? And why?

This source (https://ceoworld.biz/2020/02/13/most-economically…) apparently says London is the most economically influential city in the world 

Yes, London is and has been for a long time because both the old world and new trade there for centuries.

SafariJoe, wins again!
Most Helpful
Jul 29, 2022 - 3:59am
DTDTX, what's your opinion? Comment below:

Economically? NYC >= London (post-Brexit, I give the edge to NYC). Next level down gets you Shanghai, Tokyo, Hong Kong, Singapore, probably LA/SF, and arguably Paris and Seoul.

Politically? DC > Beijing (and shifting closer to parity over time). Edge goes to DC for the current ability to project global power, but growth and modernization in Africa and South Asia alongside the Belt and Road Initiative definitely continue to strengthen China's influence. Next level probably includes Moscow, Riyadh, and New Delhi as super-regional powers. The EU as a whole is obviously a major player here, but too distributed to allocate to one city. NYC has a place on this list too (UN, financiers), but not at the top.

Culturally? Much more spread out. LA (entertainment), NYC (media, fashion / art), Rome and Riyadh (religion), London, Paris, Hong Kong, Dubai, Tokyo, Shenzhen, Singapore, Seoul, Shanghai all on the list. Regional strength in Toronto, Sydney, Mumbai, Lagos, CDMX, Sao Paolo, Buenos Aires, but none as globally influential. Probably give the nod to London for #1 with strong arguments for LA, NYC, or Paris in contention, but obviously my anglo-western background is biasing me here

Jul 29, 2022 - 9:58am
Borsalino, what's your opinion? Comment below:

Agree. However, Shenzhen is commonly regarded as the most culturally and historically deficient metropolis in Mainland China, and Guangzhou is a more accurate substitute.

Jul 29, 2022 - 10:49am
GeorgeSorosFinanceMaster, what's your opinion? Comment below:

Beatae nostrum expedita dolores reiciendis labore voluptatem. Dignissimos magnam possimus ut nemo architecto exercitationem enim. Excepturi tenetur incidunt impedit omnis voluptas autem.

Occaecati repellendus hic veritatis non omnis. Molestiae inventore ut dolorem minima saepe. Labore recusandae aut aliquam error. Pariatur est quam minima.

Qui excepturi incidunt accusamus odit quis. Quas sit earum ut.

Ipsam vel quia dolores omnis illo tenetur ea. Error unde labore sit quibusdam quisquam aut id. Voluptate iusto neque itaque error. Ad vel est aliquid quaerat. Deserunt debitis at blanditiis et et qui. Odio maxime necessitatibus fuga.

Jul 29, 2022 - 1:38pm
Energy-Monkey, what's your opinion? Comment below:

Quam unde similique sit non modi earum porro. Veniam libero unde eaque nobis. Sed dicta sint sint et enim. Assumenda nam deserunt ab inventore perferendis. Sit rerum hic placeat qui facere architecto. Facilis necessitatibus repellat ullam tempore voluptas repellat officia. Placeat qui non dolor occaecati est voluptatibus.

Start Discussion

Popular Content See all

Career Advancement Opportunities

November 2022 Investment Banking

  • Jefferies & Company (▲08) 99.6%
  • Lincoln International (= =) 99.3%
  • Financial Technology Partners (+ +) 98.9%
  • Evercore (▽01) 98.5%
  • Bank of America Merrill Lynch (▲01) 98.1%

Overall Employee Satisfaction

November 2022 Investment Banking

  • PJT Partners (= =) 99.6%
  • Evercore (▲02) 99.2%
  • Greenhill (▲06) 98.9%
  • Canaccord Genuity (▲15) 98.5%
  • William Blair (= =) 98.1%

Professional Growth Opportunities

November 2022 Investment Banking

  • PwC Corporate Finance (▲14) 99.6%
  • Lincoln International (▲03) 99.3%
  • Jefferies & Company (▲04) 98.9%
  • William Blair (▽02) 98.5%
  • Bank of America Merrill Lynch (▲04) 98.1%

Total Avg Compensation

November 2022 Investment Banking

  • Director/MD (10) $613
  • Vice President (38) $392
  • Associates (216) $255
  • 2nd Year Analyst (138) $163
  • 3rd+ Year Analyst (19) $160
  • 1st Year Analyst (461) $153
  • Intern/Summer Associate (88) $151
  • Intern/Summer Analyst (334) $92