Stuck in reverse, Detroit edges closer to bankruptcy

Economist: Without big reforms, Detroit will default in 4 ...
It's a race against the clock in Detroit.The home to America's Big Three automakers has until ... out its budget problems or the city could face bankruptcy ...

Analysis: Stuck in reverse, Detroit edges closer to bankruptcy
But in a city that is slowly dying, the glitz didn't extend much beyond the Cobo Center exhibition hall. The story of Detroit's decline is decades old: Its tax ...



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