"Last week, Mayor Dave Bing provided a clear signal of the city's coming apocalypse. Faced with an existential moment demanding life-or-death decision making, the mayor instead stalled for time.
Detroit is out of time, and Bing's failure to act decisively to turn back the cash flow crisis makes it inevitable that an emergency manager will be appointed by the state to make the hard decisions and common sense reforms that should have been made decades ago.
It won't be pretty. And it may not save the city"......READ MORE
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