After reading the thread with the Washington Post essay, I am wondering what is the consensus of this forum on this question.

So I am asking your subjective opinions of whether or not you think *we [meaning just international metropolitan Detroit - and not the rest of Michigan and Ontario or our countries] have economically gone as low as we will go in this cycle? Yes means we will go no lower; no means we haven't reached bottom and have further to go down before we bottom out.