The Ithaca NightLife Blog

This is your Ithaca NightLife Entertainment Blog. Moverover, this is also a part of an InterCultural Communications, Inter City Cultural Communications, and Inter - City Cultural Communications, website program, between selected global cities, and Ithaca, New York through a system of internet links. Included are tips and information about great global events.

Sunday, January 17, 2010

Ithaca NightLife Blog: This Week in Downtown - January 13 - January 22, 2010

Posted by Ithaca Night Life, NY at 10:12 AM

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Our Growing National Financial Crisis

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Ithaca Night Life ( NightLife ), NY OnLine Publications, D.B.A. Ithaca, New York
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Economic Importance of NightLife Entertainment

Economic growth is dependent upon two human behavoirs on how one spends available personal capital resources ----which for the most of us comes from our income paychecks. One is that supply must meet demand in both products and services. Two, and what is less known, is the velocity, or time cycles in which capital exchange from point ' A ' to point ' B '. In simple terms is how money goes from one pock to another.

The aspect of nightlife entertainment and its central importance is that this socio-cultural sector's activities in the velocity of capital exchanges is equal to similar velocity rates found on Wall Street exchanges; they both having similar anxieties over the flow of capital and growh expectations or the loss of. None the less, nightlife entertainment is more stable as at its centered are the core of performers, and services who are fighting their own fears of impending poverty, and who are more dependent upon public approval as a result than the stock brokers. More importantly, the ability of this sector to raise local socio-cultural aspirations are far more significant to local economies than which exist upon the national scene. Just look at both the Hip Hop culture as well as more recent the economic mini-booms following the economic impact trail of " Lady GaGa' - where local dress shops and restaurant sales are increased after each stop on her present concert tours.

It is the activities and the crtical aspects of economic velocity rates which becomes far greater in their acceleration rates which is the national leading factor for economic growth within nightlife entertainnent than Wall Street; this is very visable within the urban setting, and extremely observable in poverty urban settings where the triggers are found within the Hip Hop cultures. Some how the velocity rates which flows from Wall Street are immediately slowed or halted when their profits are held in holding reserves-where the mass of capital is allowed to attract higher interests rates of loans.

What should peek your interests is that once in history this was the very fundementals being imployed by King Louis XIV in his full development of his royal court, and developing France into the leading cultural capital of Europe - which its nightlife entertainment still maintains the traditions of Intrernational Cultural Leadership - even under circumstance when France was bankrupt, or under Nazi occupaiion, IE, Fashions, Cabaretsm Restaurants, Cafes, and The Ballet. It is how which leads one to focus on what triggers increases in velocity rates.

Email me if you want to know more .....or go and dig up King Louis XIV.

"May all of you prosper."

Mr. Roger M. Christian, Ithaca, New York

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