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Detroit teeters on brink of bankruptcy
For the past five decades Detroit has been on the decline, as the flight of industry and chronic unemployment whittle down tax revenues. The evidence is everywhere -- in abandoned homes, crumbling infrastructure and crime. Now the city, near bankruptcy, is being threatened with a takeover by state authorities. Duration: 02:18
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Detroit teeters on brink of bankruptcy
For the past five decades Detroit has been on the decline, as the flight of industry and chronic unemployment whittle down tax revenues. The evidence is everywhere -- in abandoned homes, crumbling infrastructure and crime. Now the city, near bankruptcy, is being threatened with a takeover by state authorities. Duration: 02:18
Date: 18/1/12
Views: 43
Video by:
AFP News
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