This would happen:
Detroit city government is in a 12 billion dollar both public and national debt.
They will run out of money by April 1st. The City Council and Mayor Dave Bing has no plan to save money in order to reach that 256 million dollar fiscal responsibility year. Governor Rick Synder, the Nerd has no plan to save to Detroit. So its creditors might come in with a State Supreme Court order to force Detroit city government into bankruptcy. [[ my theory)
1. All of their city assets from their treasury will be absolutely garnished!
2. City unions, Police and Fire department paychecks and other pensions will be absolutely garnished!
3. Most of city property will be auctioned off to private corporate companies.
4. Most of the City of Detroit could be put on sale and private corporate companies will own the city.
5. Property taxes and revenues sharing will be collected, but not for Detroit city government. It is for paying off the 12 billion dollar public and national debt.
6. Detroit city leaders would be dissolved. [[ if its by the decision of a bankruptcy judge)
What other theories would happen if Detroit city government is no more?
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