I live in the suburbs, it’s really nice downtown- there’s still some work to do as you get farther away from downtown - but the vibe is nice. Folks just going about their day. Not perfect but way better than it used to be.
bankruptcy isn't a bad thing from which you never recover or improve.
it's a financial instrument that allows an entity to restructure it's debt obligations, usually to make them go from being impossible to meet to possible to meet. it's a temporary legal state and it doesn't last for very long, typically a few years at most.
8 Comments
CalmChaos72@lemmy.world · 17 pts · 122d
I live in the suburbs, it’s really nice downtown- there’s still some work to do as you get farther away from downtown - but the vibe is nice. Folks just going about their day. Not perfect but way better than it used to be.
SaveTheTuaHawk@lemmy.ca · 5 pts · 122d
It used to be a war zone. The kind of imagery Americans think exists in third world countries.
Rhynoplaz@lemmy.world · 12 pts · 122d
My daughter goes to school there, still seems to be running pretty normally.
AskewLord@piefed.social · 8 pts · 122d
bankruptcy isn't a bad thing from which you never recover or improve.
it's a financial instrument that allows an entity to restructure it's debt obligations, usually to make them go from being impossible to meet to possible to meet. it's a temporary legal state and it doesn't last for very long, typically a few years at most.
bedwyr@piefed.ca · -10 pts · 122d
Detroint went bankrupt? I had no idea, because local and regional news is gone behind a paywall, and who would pay for that drivel?
Try getting rid of your gangsters detroit, it helps. The fbi is working with them now so idk. I wil help, give me a call.
Cursed_Fig@lemmy.world · 15 pts · 122d
bedwyr@piefed.ca · -4 pts · 122d
Your comment added nothing, jumping on a downvoted comment because you have nothing to add yourself.
corsicanguppy@lemmy.ca · 6 pts · 122d
It was infrastructure costs. The more bungalows you have, the more upside-down your finances are.
Aeao@lemmy.world · 4 pts · 122d
Just out of curiosity do you own a corkboard and red strings?