Changes in World Economy May Doom Many Towns

Changes in World Economy on Raw Materials May Doom Many Towns (NYT)

Stretched across the southern tier, from Arizona and New Mexico through Texas and Georgia and into Virginia, these small rural communities form the base of the national supply chain. They produce most of the oil and much of the ore, fiber and food. In past recessions, even if they did not bounce back entirely, at least they survived. But this time around, as the overall economy begins to show some signs of healing, things are ominously different in many of these towns.

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