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Is Sin City turning into the Motor City? - Douglas French - Mises.org

Unions.....the cold, withering wind of socialism. Hmmm...do they still make jackets in New York?

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Beginning of the headline : Howard Gold takes a look at two, one-horse towns–Detroit and Las Vegas.Both fell down in the financial meltdown and can’t get up.Not yet, at least. Home prices have fallen over 58% in Las Vegas from the peak in 2006, more than any other major city.More than 70% of homeowners are underwater... Read More

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