Quote:
Originally Posted by Pukka Sahib
If you knew the amount of claims trading going on with the Detroit Chapter 9 bankruptcy case, you'd be more sanguine about the future of the city.
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I'm sanguine about it despite my ignorance of the details and specifics. I'm sanguine because it's a case where the assumption of failure has become self perpetuating. Very few businesses will even consider Detroit and people will only move TO Detroit if they absolutely HAVE to, based on negative reputation alone.
That sort of thing is extremely difficult to overcome.
Dave