The inevitable has now come to pass. Detroit, Michigan has been - TopicsExpress

The inevitable has now come to pass. Detroit, Michigan has been ruled insolvent and therefore bankrupt. This is a dark day for the city, its residents and pensioners whos ability to collect on the monies they had hoped to sustain them in the golden years is now in question. Will Detroit ever regain its prominence as the pillar of industry, home ownership and efficient provider of essential services? That is yet to be determined. However, one thing is certain, December 3, 2013 marks a pivotal shift in the direction Detroit is headed. Question is, will it be for the better or the worse?

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