Saturday, July 20, 2013

Detroit Deep in Debt: City filed for bankruptcy, but 'hit rock bottom long ago' (VIDEO)

DEROIT:  Bankruptcy is GOOD!  It allows for a new fresh beginning !!! (VIDEO)

A small sigh of relief for pensioners and people with disabilities in Detroit - with the bankrupt city saying their benefits are safe, at least for the next six months.

The city - once the jewel of American industry - is now in 18.5 billion dollars in debt, and with little prospect of paying that back.


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