If Detroit's present population is about 750,000 and 85% are black, 85%=637,500. I don't know what the zenith of black population was in Detroit but everyone in excess of 637,500 has already left Detroit as has most of the white population. While this acknowledgement does nothing to help black Detroiters in their relationship with banks, at least we know that many blacks are able to and have left for other options. Detroit is not quite the prison described.

Banks and other creditors aren't going to get what is due them one way or the other. However, it makes little sense to drive banks into bankruptcy for trying to enforce their end of mostly voluntary contracts. Our politicians would probably, once again, rush to the banks' rescue with loans payable by our children. If necessary, it would make more sense to subsidize Detroiters directly instead of indirectly by shoring up banks.