WEDNESDAY, JULY 24, 2013
Detroit, a city in decay
Last week, the city of Detroit, Michigan filed the largest municipal bankruptcy in U.S. history. That was the latest episode in what is a long and painful decline of a once prosperous city. The automobile industry has shrunk, jobs have been lost, and the population has been reduced. During the last 60 years, Detroit has lost 60% of its residents. A significant amount of houses and other building has been left vacant making Detroit the American capital of urban decay.