Archive for 09/2015

Great Accumulation

The term "Great Accumulation" refers to central banks buying foreign exchange reserves. China's central bank, for example, bought large amounts of dollars in the early 2000s, but…

Chow Mein Street (Broadway)

Chinese restaurants serving chow mein used to crowd Broadway around Times Square. "Chow-Mein Street" (a street where Chinese people live) was cited in the New York City humor magazine…

WiNo (Williamsburg North)

"SoHo Is SoOver, New Yorkers Are Moving to WiNo and Rambo" by Corinne Ramey appeared in The Wall Street Journal on September 10, 2015. It explained that "WiNo" stands for…

Goulash Avenue (Houston Street)

Manhattan's East Village had a large Hungarian population by 1900. "Goulasch Avenue, by the way, is the local title for the Hungarian part of East Houston Street," wrote the New York…