I was doing some reading this morning which referenced Detroit during its economic zenith in the 1950's. That is hard for anyone to imagine today. Yet, at one point Detroit boasted over 1.8 million inhabitants. Today it hosts only 718,000 people.
So what does a 60% population decline do to your city? It turns it to ruins.
This is a lesson for all of us in what can happen to cities who lose their economic relevance. Since that relevance is a function of innovation and creativity, may we never forget to adapt to survive.
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