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Detroit – Ground Zero for Economic Collapse

Here is a video showing how badly Detroit has been affected by the collapsing housing market. Towards the end of the video you can see some amazing mansions in the worst-hit areas of Detroit that you can supposedly buy at a massive discount.

Related posts:

  1. Social Collapse – Best Practices
  2. Financial Turmoil
  3. Papers on the “Credit Crunch”
  4. The Coming Collapse of the Middle Class
  5. The Redshift Techno-Economic Theory

Categories: Economics - Interesting