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Detroit bouncing back from bankruptcy
Yahoo News ^ | 17DEC2014 | Bianna Golodryga

Posted on 12/18/2014 10:20:33 PM PST by Jack Hydrazine

It was the city on the verge of collapse, perhaps the ultimate example of how a one-time metropolis turned into a sad memory. For the past four decades or so, Detroit, once a mecca for immigrants and the heart of America's industrial revolution, not to mention pop culture, turned into a virtual ghost town. Businesses shut their doors and residents fled by the masses, from a peak of 1.8 million to around 700,000 today. The rapid decline of the auto industry, which the city once so proudly called its lifeline, unearthed a catastrophic failure. One of the nation's major cities relied solely on a single source of economic growth. And not only that, but that one source failed at its primary job: competing for customer loyalty at a time of expanding global competition.

(Excerpt) Read more at news.yahoo.com ...


TOPICS: Culture/Society; News/Current Events; US: Michigan
KEYWORDS: detroit; michigan
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To: nathanbedford
"blood steel and germs" as the real causes of first world progress over Third World dystopia.

Works for me. We should have kept at it.

41 posted on 12/19/2014 6:24:02 AM PST by Fightin Whitey
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To: burghguy

The Flashman books are also excellent British imperial history, if you pay attention to the footnotes. As you know, the more outlandish the event, the more careful Fraser is to document it. He takes care to sketch both sides of the big historical arguments as well, sometimes via disputes among characters, sometimes through Sir Harry’s authorial commentary, and sometimes in footnotes. If it’s contested terrain, Fraser finds a way to discuss both sides.


42 posted on 12/19/2014 7:52:16 AM PST by sphinx
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To: IronJack

Probably!


43 posted on 12/19/2014 7:54:55 PM PST by Jack Hydrazine (Pubbies = national collectivists; Dems = international collectivists; We need a second party!)
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