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Tuesday, March 12, 2013
Detroit, a Microcosm of America?
Ian Ransley Design/Flickr
“Detroit is a microcosm of what’s going on in America, except America can still print money and borrow,” said Mr. Boyle, a veteran financial consultant after reviewing the financials of the city of Detroit. Is Mr. Boyle right and what does this mean for the future of American cities? Read full article in the New York Times about how Detroit seems to be stumbling towards bankruptcy. For a visual experience see the ruins of Detroit.