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Picklebobble2 · 56-60, M
Much of that could be down to cyclical change.
Areas have periods of economic growth and decline as a normal pattern of economic life.
Detroit has obviously been 'destroyed' by a shrinking economy over the last twenty years.
Less cash in your pocket, means you're less likely to buy. All you need is a bump like covid to hit and that could spell disaster for entire industries.
St. Louis has never recovered from what was it ? Hurricane Ida ? in 2021. Add to all that the economic troubles and then covid on top....hard to figure where recovery might come from.
Areas have periods of economic growth and decline as a normal pattern of economic life.
Detroit has obviously been 'destroyed' by a shrinking economy over the last twenty years.
Less cash in your pocket, means you're less likely to buy. All you need is a bump like covid to hit and that could spell disaster for entire industries.
St. Louis has never recovered from what was it ? Hurricane Ida ? in 2021. Add to all that the economic troubles and then covid on top....hard to figure where recovery might come from.