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Detroit on brink of bankruptcy

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Detroit on brink of bankruptcy

Post  AnnaEsse on Sat 10 Dec - 16:20


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Re: Detroit on brink of bankruptcy

Post  Lioned on Sat 10 Dec - 16:26

Saw a documentary on this last year.Place is a concrete wasteland.Horrible place it must be for those who live there with no jobs and where do those who live in the 'middle class' suburbs work ?

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Re: Detroit on brink of bankruptcy

Post  Panda on Sat 10 Dec - 17:14

This must be where the 1 in 4 people live below the poverty line. It"s odd that the U.S. is the biggest contributor to the IMF yet will let it"s Citizens live in misery and the Guy from Microsoft set up a Charity to give away $Billions yet not lend money to Detroit. Charity begins at home we were always taught.

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Re: Detroit on brink of bankruptcy

Post  malena stool on Sat 10 Dec - 19:16

Panda wrote:This must be where the 1 in 4 people live below the poverty line. It"s odd that the U.S. is the biggest contributor to the IMF yet will let it"s Citizens live in misery and the Guy from Microsoft set up a Charity to give away $Billions yet not lend money to Detroit. Charity begins at home we were always taught.
You are right Panda, but this is exactly what Cameron, Blair and Brown have been doing to us here in the UK... (in between filling their own pockets from the public purse). £Billions have been sent out to India and Pakistan as well as the £40 billion promised to the IMF (if and when they need it), while we, the great unwashed, who pay their wages are suffering an economic crisis brought on by corporate greed, plunged into fuel poverty and are supporting immigrants from all four corners of the world.

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Re: Detroit on brink of bankruptcy

Post  AnnaEsse on Sat 10 Dec - 20:25

Panda wrote:This must be where the 1 in 4 people live below the poverty line. It"s odd that the U.S. is the biggest contributor to the IMF yet will let it"s Citizens live in misery and the Guy from Microsoft set up a Charity to give away $Billions yet not lend money to Detroit. Charity begins at home we were always taught.

You're right, Panda. The Federal Reserve is chucking billions at the IMF.

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Re: Detroit on brink of bankruptcy

Post  Panda on Sat 10 Dec - 20:39

At the risk of being a Job"s comforter I predict a backlash in the U.K. and as people become more frustrated and despondent the Muslims will be the target
because no one in Government is prepared to cry halt NOW.!!!! Human rights is all very well and noble but it has gone too far and completely ignored the
rights of the Citizens of Britain born and bred.

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Re: Detroit on brink of bankruptcy

Post  Badboy on Sat 10 Dec - 20:47

DIDN'T THEY SAY SOME YEARS BACK THAT VARIOUS CITIES/COUNTIES ETC IN THE US WERE ON THE VERGE OF BANKRUPTY.
DETROIT IS ALSO LOSING POPULATION

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Re: Detroit on brink of bankruptcy

Post  Panda on Sat 10 Dec - 20:58

Badboy wrote:DIDN'T THEY SAY SOME YEARS BACK THAT VARIOUS CITIES/COUNTIES ETC IN THE US WERE ON THE VERGE OF BANKRUPTY.
DETROIT IS ALSO LOSING POPULATION

I read an article today Badboy , can"t remember which State it was, but they found $238 million they didn"t know they had , must have been some Book-keeper in the government to overlook such a sum. I"m sure some States , like those in Detroit relying on the Motor industry.

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Re: Detroit on brink of bankruptcy

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