[vermontdevil]

NYC almost went bankrupt back in the 70's. It took a long time and a strong leadership to bring it back to where it stands now.

Granted Detroit does not have the population size of NYC but with strong leadership they can rebound. Well see if it happens. My bro in law lives near there and sells RE for a living. Said he feels optimistic that if Detroit cuts down on the city boundaries and focuses on areas of growth and potential they'll pull through.

[rayiner]

NYC always had the finance industry, which conveniently happened to boom like crazy from the 1980's-2000's.

[pyre]

Detroit hasn't had 'strong leadership' for a while though. Mostly people that care about using public funds to prop up their friends/family with jobs.

[_delirium]

They also had some of the problems with slow or non-existent emergency services, even much later than the '70s. As one cultural outgrowth of that, Public Enemy's "911 Is A Joke" was written in 1990 about poor emergency response.