Home » Posts tagged with "Cultural Decay"
Decline and fall of the American empire
Dust-bowl refugees walk towards Los Angeles during the Great Depression. House prices have now fallen further than in the 1930s.
The economic powerhouse of the 20th century emerged stronger from the Depression. But faced with cultural decay, structural weaknesses and reliance on finance, can the US do it again?
America clocked up a record last week. The latest drop in house prices meant that the cost...