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RE: LeoThread 2025-02-20 00:52

in LeoFinance8 months ago

Part 8/13:

Despite the flourishing atmosphere of the post-war years, the seeds of decline began to sprout in the 1960s and 70s as foreign competition rose and urban issues such as crime and poverty emerged. The aerospace industry's overdependence on government contracts became a liability as defense spending waned, contributing to a contracting job market and economic insecurity throughout the city.

Transitioning Economies in the 1980s