The difference is the time period and the industries they were built around. NYC was the center of the banking universe, but banking didn’t become big the way w

The difference is the time period and the industries they were built around. NYC was the center of the banking universe, but banking didn’t become big the way we know it today until the 80s, which did a lot to pull NYC out of its rut. Detroit was built around manufacturing and automobiles, and American businesses have done everything they can to make eviscerate domestic manufacturing in their pursuit of profits.