My closest friend out here grew up in Philadelphia. He has told me many stories about how wonderful it was. I stress the word *was*.
From all he has said, I believe Philadelphia is the next Detroit, a major city on the brink of utter collapse. (And Baltimore is 3rd.)
Are there other major cities on the cusp of failure? Unfortunately, yes. How are New Orleans, Buffalo (perma-failure! This city has been on the cusp since at least the 1960s.) and Cleveland doing?

Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months