I remember hearing that, many years ago, Detroit went bankrupt. Well, how’s it doing now? Has it recovered okay?

  • CalmChaos72@lemmy.world
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    2 days ago

    I live in the suburbs, it’s really nice downtown- there’s still some work to do as you get farther away from downtown - but the vibe is nice. Folks just going about their day. Not perfect but way better than it used to be.

    • SaveTheTuaHawk@lemmy.ca
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      2 days ago

      Not perfect but way better than it used to be.

      It used to be a war zone. The kind of imagery Americans think exists in third world countries.

  • AskewLord@piefed.social
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    2 days ago

    bankruptcy isn’t a bad thing from which you never recover or improve.

    it’s a financial instrument that allows an entity to restructure it’s debt obligations, usually to make them go from being impossible to meet to possible to meet. it’s a temporary legal state and it doesn’t last for very long, typically a few years at most.

  • bedwyr@piefed.ca
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    2 days ago

    Detroint went bankrupt? I had no idea, because local and regional news is gone behind a paywall, and who would pay for that drivel?

    Try getting rid of your gangsters detroit, it helps. The fbi is working with them now so idk. I wil help, give me a call.

      • bedwyr@piefed.ca
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        1 day ago

        Your comment added nothing, jumping on a downvoted comment because you have nothing to add yourself.

    • corsicanguppy@lemmy.ca
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      22 hours ago

      Try getting rid of your gangsters detroit[:] it helps.

      It was infrastructure costs. The more bungalows you have, the more upside-down your finances are.