Fate of the States

Just published: Fate of the States: The New Geography of American Prosperity by Meredith Whitney.

“Whitney points out that it wasn’t just consum­ers who binged on debt for the past twenty years but state and local governments too. She explains how the fiscal sins of the past are beginning to transform the U.S. economy along regional lines. And she shows how we are moving into a new era in which wealth, power, and opportunity flow away from the coasts and toward the central corridor.”