I think it is bonkers and clearly political. Just look at the statement made by the the Governor of NY, Kathy Hochul, reassuring businesses that they need not worry. Like, what on earth? What is she actually saying?

Facts on the ground are that it does pose a real risk to businesses, most of whom are “guilty“ of the crime that Trump has committed. So right now they are having meetings as to whether they pull the plug on New York or not. Sprinkle in a little bit of bloody minded politics and I imagine we will see them leaving New York.

Actually, maybe this is the catalyst for some kind of American renaissance?