I was going back to 1940 as recent history, back in say 1840 the largest southern city was New Orleans followed by Charleston, SC at 29k people and Louisville, KY at 21k.
To wonder where the wealth went you need to look at places that where at some point wealthy. Wealth however takes time to accumulate because waves of immigrants or kids from population booms don’t tend to have a lot of wealth.
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What is "very recently"? Atlanta for example is a central rail hub and was founded 188 years ago as Terminus.
I was going back to 1940 as recent history, back in say 1840 the largest southern city was New Orleans followed by Charleston, SC at 29k people and Louisville, KY at 21k.
To wonder where the wealth went you need to look at places that where at some point wealthy. Wealth however takes time to accumulate because waves of immigrants or kids from population booms don’t tend to have a lot of wealth.