Has Detroit FINALLY Hit Bottom?


Would the non-urban folk of America PLEASE quit comparing every other city in the country to Detroit now?

Hard to believe that it hasn't happened yet, but the City of Detroit’s declaration of bankruptcy – and a federal judge declaring that they can't do that – may just be the very last of the major American cities to hit the rim of the pit of despair, and one of the few to actually tumble all the way in.  (The rest of us looked over the edge of the abyss and somehow escaped the worst.  Even New York in the 70’s.)

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