I don't understand that...if the pain for us is going to be the same either way, then what good is causing Oakland/Macomb County to suffer?
I take the opposite strategy...if all else is equal and that EM/Bankruptcy is equal in suffering, then take the one that affects our neighbors the least.
If we're gonna sink, then let's not take everyone down with us. Let's preserve all that we can for ourselves and everyone around us so that when the suffering is done, there will be more available with which we can rebuild.
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