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>I was seriously asking if these small town communities can act as a sort of buffer during recessions because of their relative isolation, thereby limiting nega
by vitaflo 8y ago
>I was seriously asking if these small town communities can act as a sort of buffer during recessions because of their relative isolation, thereby limiting negative effects.
It goes both ways though, because they're small towns, they can have their own recessions that have little to do with national recessions. When a factory is shuttered, it can have devastating affects for a small town, much worse than a typical recession, but nobody outside that community would notice much.
This has been happening all over the rural US for the past 20 years. Everyone talks about the past 8 years of stock market booms, and low unemployment but there are a lot of small towns all over the US that are getting crushed by globalization. Nobody talks about because the problems are local to those towns, but for those that live there, the problems are very real and dire.