Why Does The World’s Richest Country Have So Many Failed Cities?

A century ago our nation was famous around the world for creating beautiful cities. Now, we are known for failing cities. In a recent 60 Minutes report Bob Simon noted that after he left what passes for sparks of new life in downtown, the rest of Detroit reminded him of Mogadishu “the worst place I’ve ever been.”

via Why Does The World’s Richest Country Have So Many Failed Cities? – Forbes.

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