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Manhattan Moment: Detroit and the American urban future

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Since Detroit declared bankruptcy two weeks ago, the question on many people's lips has been, who's next? Chicago? New York? Los Angeles? The reality is that it is unlikely that America's biggest cities will declare bankruptcy in the immediate future. But that doesn't mean that there isn't cause for concern. There is. A lot of it. What has finally captured the public's attention is that, like...

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