Detroit files for bankruptcy
- Thread starter menotcrimex
- Start date
Perhaps they could just sell Detroit to Canada :lol:
http://globalnews.ca/news/726916/poll-should-canada-buy-detroit/
http://globalnews.ca/news/726916/poll-should-canada-buy-detroit/
Atlanta will be next.
Absolutely nothing going for, it that town:/
Absolutely nothing going for, it that town:/
Sure they do. They have the coca cola bottling plant, America's biggest Delta hub, Turner field, a place where you can buy nuts and so forth
Found these pictures courtesy of ZH a real eye-opener: http://www.zerohedge.com/news/2013-07-19/photo-album-main-streets-dead-city
And before-and-after shots: http://www.fastcoexist.com/1681121/...photos-show-the-glory-and-wreckage-of-detroit
And before-and-after shots: http://www.fastcoexist.com/1681121/...photos-show-the-glory-and-wreckage-of-detroit
Clawhammer said:
I live not too far from Atlanta.. They have a booming tourist industry inside the 285 loop. Outside there's thousands of factories,shipping/loading docks & communities.
Without looking,i'd have to guess Atlanta is still growing... There's several high rise corporate HQ in downtown that employ a lot of people..
However there is a bad element inside 285 with probably a million people on generational welfare.
Atlanta has plenty of jobs if you want to work...
H
House
Guest
Pirocco
Well-Known Member
The Belgian bank Dexia (a big systemic one, that was rescued from bankruptcy by the government/central planners) reported yesterday that the failure of Detroit State will inflict them a loss of 110 million euro.
In the past years, not any media article appeared that Dexia had any money lend to a US State. Today in the news they said that it was since a decade, and that it was then already known that Detroits financial future was bleak.
This is yet another element on how the central planning operates on a world scale. They lend their local depositors money out all over the world, with none of them knowing, until it's too late.
It also makes clear that not any State / government / institutional will disappear / go bankrupt, and not any currency will hyperinflate. They all bail out eachother and the logical end scenario is a series of worldwide events, striking all governments, all institutionals and all currencies.
In the past years, not any media article appeared that Dexia had any money lend to a US State. Today in the news they said that it was since a decade, and that it was then already known that Detroits financial future was bleak.
This is yet another element on how the central planning operates on a world scale. They lend their local depositors money out all over the world, with none of them knowing, until it's too late.
It also makes clear that not any State / government / institutional will disappear / go bankrupt, and not any currency will hyperinflate. They all bail out eachother and the logical end scenario is a series of worldwide events, striking all governments, all institutionals and all currencies.
AngloSaxon
Active Member
House said:
A 'victory' for Detroit? One that just kicks the can down the road and solves nothing, probably making things worse.
Also can't imagine the US Founding Fathers imagining a protection of unpayable local government pensions when they wrote the US Constitution.
