Rumi Nations

This Wall Street Journal article by a journalist with a seemingly Indian name lists the myriads of misfortunes Detroit is in ... http://online.wsj.com/article/SB10001424052748704013004574517700766354972.html?mod=djemEditorialPage I remember Lee Iaccoca's autobiography where he he remembers landing at the train station and asking for the direction to Detroit and someone telling him: "Go West young man." Times have changed drastically since those days when the automobile industry was the throbbing heart of a vibrant manufacturing economy. Today, we live in a world and the services sector dominates and the knowledge economy is where everyone wants to be. Old fashioned factory townships with assembly lines manufacturing goods that everyone wants to have ... that has pretty much shifted out of advanced economies like the United States to developing economies like China and India. To a large extent, that's a positive development for these countries as basically manufacturin...