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I think the most absurd comment I've seen about this was a person attributing this to Detroit trying to build that Robocop statue.
Two questions for the Michigan based Hubski contingency (or anyone else):
1. Is this the bottom for Detroit, was this something that needed to happen before things can look up?
2. I know cities in California have gone bankrupt before, but how will a city as large as Detroit declaring bankruptcy affect the rest of Michigan?