Detroit's Bankruptcy

I had already known about the disastrous event Detroit had to go through in the month of July, but I did not know how big it was before actually reading about it in depth. Detroit was once a symbol for the United States, a symbol for the United States great industrial power. Detroit's problem came from a declining industry with public services nearing collapse as well as an estimate of about 70, 000 pieces of property lay abandoned. Detroit has become the largest US city to ever file for bankruptcy with a total of $18 billion, an extremely massive amount. Developments will be put in place, however, there includes many other factors that limits Detroit. Crime rates and murder rates were skyrocketing; Detroit was also hit with numerous amounts of scandals over the years. These situations ultimately led to the downfall of Detroit.