Interesting video: Why this city is not in a recession like most

[DougMD]

http://money.cnn.com/

Fargo, ND

For those of you who are unable to pull up the video, the main reasons whythey haven't been hurt by the economy is that their banks didn't loan money to subprime borrowers, and theyrun their government ina fiscally conservative manner. It is valuable to see what policies actually work when much of the country is suffering and their is disagreement about what caused it. Here we have evidence of what it may be...