Detroit Deep in Debt: City filed for bankruptcy, but ‘hit rock bottom long ago’
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. READ MORE:http://on.rt.com/owydu7
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. READ MORE:http://on.rt.com/owydu7