Look at Detroit, the first major American city ever to file for bankruptcy, and, after bemoaning how it got there and the hurt that's going to follow, say thank you for this object lesson in how a bad situation can be made worse.
http://www.crescent-news.com/opinion/2013/07/26/jay-ambrose-detroit-becomes-a-valuable-warning
http://www.crescent-news.com/opinion/2013/07/26/jay-ambrose-detroit-becomes-a-valuable-warning
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