The answer, in large part, has to do with global finance.
It is because through the City, they gain access to global finance.
Eventually, global finance as a whole became one huge bubble.
It has also made the effective regulation of global finance almost impossible.
The city has solidified its place as a center of global finance.
The dollar has far greater weight in global finance than is indicated simply by the size of the American economy.
In terms of global finance, this battle seems at first almost insignificant.
And the Japanese are increasingly leaders in the arena of global finance.
But here we are, making decisions for global finance.
"I don't believe in the long piece that makes the spinach demand - here's 25,000 words on global finance, and you must read it."