Are you currently unemployed?

My Favorite Documentaries

  • I.O.U.S.A
  • In Debt We Trust
  • Max Out
  • Out of Balance
  • The Corporation

Wednesday, April 7, 2010

Mish's Global Economic Trend Analysis: Detroit Bankruptcy Looms with Deficit of $446 Million in Budget of $1.6 Billion

Mish's Global Economic Trend Analysis: Detroit Bankruptcy Looms with Deficit of $446 Million in Budget of $1.6 Billion

1 comment:

  1. Detroit has seen its residential unit average price drop to $12,439 from 497,847 in 2003, possible general fund deficit $446 - $466 millions...the recommendations made by Citizens Research Council of Michigan are contained in a report entitled "The Fiscal Condition of the City of Detroit"...the recommendations are 2 downsize the government and privatize ....

    ReplyDelete