It's true. What's happening in Detroit is happening in most other places not only in the U.S. but around the world. Small towns all across the country are going through similar situations. I think a lot of people are watching what's happening in Detroit because they know it's what they're going to be going through in the near future.
Fifty years ago people in rural areas that were in decline had the option of rolling the dice and heading for one of the industrial cities. With that not being very realistic anymore, people in small towns that are going into default are scared too. It might not seem like it to most of you in Detroit, but we're all in this thing together.
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