All, here is a compelling story on Memphis and it's economic slide from the NY Times.
http://www.nytimes.com/2010/05/31/business/economy/31memphis.html
The story details how hard Memphis has been hit by the recession especially the Black middle class. The article also discusses some of the lending practices by banks that led to the real estate collapse.
behavior and overall economic happiness.
Showing posts with label Black Wealth; Black assets. Show all posts
Showing posts with label Black Wealth; Black assets. Show all posts
Tuesday, July 6, 2010
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