How the Crash Will Reshape America

[BR_Parkway]

http://www.theatlantic.com/doc/200903/meltdown-geography

The crash of 2008 continues to reverberate loudly nationwide—destroying jobs, bankrupting businesses, and displacing homeowners. But already, it has damaged some places much more severely than others. On the other side of the crisis, America’s economic landscape will look very different than it does today. What fate will the coming years hold for New York, Charlotte, Detroit, Las Vegas? Will the suburbs be ineffably changed? Which cities and regions can come back strong? And which will never come back at all?

A fascinating 6 page look at how different parts of the country will come out ahead or behind where they are now due to this economic upheaval.

[elfin]

1. I read it and then realized that the author

neglected one be wet, juicy point ---- fresh water. He never mentioned it once.

The Great Lakes region is hard hit now -- BUT possesses one vital resource humans cannot live without. There is a lot of activity now among universities and entrepreneurs to turn this resource into huge growth for the region.

[glitch]

2. Very good point. nt

[BR_Parkway]

4. True enough - he tended to focus more on the economic side of things

than any of the environmental. If the Great Lakes region doesn't want their water exported for profit, I guess they'll be getting a bunch of new neighbors.

[glinda]

5. Water access, weather patterns, taxes, proximity to farms and food where the

determining reason we bought our home. Bad thing is our taxes doubled in two years but we are near the River, have a well, are near farms of a large size. Call me paranoid but that is what I thought about.

[electron_blue]

3. marking for later reading

[girl gone mad]

6. I think I disagree with many of the conclusions.

The author writes as if the fates of large cities like NYC and LA aren't tied to the fates of manufacturing regions. In fact, they are inextricably linked. As industrial money and jobs flow out of our economy, the jobs in finance, law, technical support and entertainment, which service the industrial sector will continue follow. NYC may have a diverse jobs base, but we can't build an economy based on selling fashion design and psychotherapy to each other any better than we could build one based around selling houses to each other.