Mosher: Halifax will be next financial capital, "instead of Singapore"

You hear the darndest things at city council.

[
        
          {
            "name": "Air - Inline Content - Upper",
            "component": "26908817",
            "insertPoint": "1/4",
            "requiredCountToDisplay": "8"
          },{
            "name": "Air - Inline Content - Middle",
            "component": "26908818",
            "insertPoint": "1/2",
            "requiredCountToDisplay": "8"
          },{
            "name": "Air - Inline Content - Lower",
            "component": "26908819",
            "insertPoint": "100",
            "requiredCountToDisplay": "1"
          }
        
        ]

Never mind the burning wreckage of the global financial industry, Linda Mosher still believes that Halifax will replace Singapore as the next global financial capital. At least, she repeated as much at last night's council meeting.

I suppose before the economic collapse, there was some logic in this line of thought---oh, not for anyone in Halifax to take the notion seriously, but it certainly made sense for Financial Services megacorp Citco to hawk that hokum to the rubes up in Halifax. I wonder how much they made off that snake oil.

And it certainly made sense, after a fashion, for Nova Scotia Business Inc to pull some more numbers out of its ass and ride the snake oil gravy train for everything it's worth. Sure, the two million square feet of office space will never materialize, but nobody ever calls "economic development experts" on their bullshit, so what the hell.

But how any rational person could actually buy the snake oil... well, that's a different story.

Thinking it through, if we're going to replace Singapore, won't we at the very least need a strongman to lock us up for chewing gum and spitting on the streets?

Listen to Mosher yourself: