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-   -   detroit declares bankruptcy (https://www.revscene.net/forums/686417-detroit-declares-bankruptcy.html)

Yodamaster 07-18-2013 05:54 PM

I hope this sets an example to all parties and the current federal government, America as they know it can collapse from the inside out, given the chance.

MindBomber 07-18-2013 06:17 PM

Quote:

Originally Posted by murd0c (Post 8284138)
Motor City will never be the same if the unions don't stop from bleeding the city dry.

Motor City will never relive its heyday, and Unions are not to blame.

Detroit's boom-and-bust economy is the cause.

Detroit is just another boomtown that's bust.

The 'American' automotive resource is exhausted, and like boomtowns founded on silver, gold, and timber, Detroit will now wither and die without it.

godwin 07-18-2013 07:33 PM

Really?

If You worry about EVERY negative news headline (planes crashing, cars crashing, people getting murdered) happening here You have some really dark outlook on life, that I think you want to see professional help.

Civilisation comes to an end, so do Planets, Galaxies etc.. However the Universe still keeps on expanding.

IF Vancouver goes bankrupt, the rest of the world would have already been gone. A lot of countries without triple A+ ratings would be in chaos.

I don't think you will want to get into property then... I would say invest in gun and ammo.

Quote:

Originally Posted by Mr.HappySilp (Post 8284153)
Wonder what would happen if Vancouver went bankrupt as well........

On a bright note the Red Wings should move thier team to Vancouver! Than we have 2 teams!


Mike Oxbig 07-18-2013 07:43 PM

Quote:

Originally Posted by Mr.HappySilp (Post 8284153)
Wonder what would happen if Vancouver went bankrupt as well........

On a bright note the Red Wings should move thier team to Vancouver! Than we have 2 teams!

If Vancouver goes bankrupt the whole entire land will become musqueam reserve, do you know how valuable nature is in this city to go bankrupt? :joy:

stewie 07-18-2013 07:46 PM

Quote:

Originally Posted by jasonturbo (Post 8284330)
Not newsworthy IMO, city has been in deep financial doo doo for a while.. shit if the OC can go bankrupt anything is possible!

really? theres threads about posting random photos from your phone, where to buy happy meal toys, how to get a free slurpee on july 11th...yet Americas biggest bankruptcy claim of an entire city at almost 20billion in debt isn't newsworthy in your opinion??

lol, what do you find newsworthy then? a hamster water skiing behind an rc boat?(anchorman)

meme405 07-18-2013 08:01 PM

Quote:

Originally Posted by stewie (Post 8284435)
really? theres threads about posting random photos from your phone, where to buy happy meal toys, how to get a free slurpee on july 11th...yet Americas biggest bankruptcy claim of an entire city at almost 20billion in debt isn't newsworthy in your opinion??

lol, what do you find newsworthy then? a hamster water skiing behind an rc boat?(anchorman)

lol. i still dont understand what a bunch of grown people are going to do with happy meal toys.

i am really curious now to go and see detroit. is it like spain in the nw top gear?:lawl:

gars 07-18-2013 09:42 PM

Detroit is crazy - apparently, people are buying up properties for $500. Just land with an old dilapidated building on it. It will be worth more sometime later.

Apparently 40% of their streetlamps are burnt out/broken.

Ronin 07-18-2013 09:56 PM

Quote:

Originally Posted by hotshot1 (Post 8284322)
I was in Detroit this year and it was creepy as hell. First of all, the city is giant but there's no one walking around at all. Even beside Comerica Park and Ford Field (where the Tigers and Lions play), there's barely anyone there. There are also a ton of beautiful giant buildings just abandoned, with graffiti all over them. I can imagine how nice it must have been back in the day but now it really does feel like a Fallout game.

How dangerous would it be for me to walk around with a DSLR? Man, I'm just looking at some pics and that would be an awesome location to shoot. And plane tickets and hotels can't possibly cost much...I can't imagine there are many Detroit tourists. Some of this shit is a couple bushes and deer away from looking like I Am Legend.

I mean most of Spain is a creepy ghetto now but at least you're still in a beautiful country. I imagine Detroit looks...grey.

Teriyaki 07-18-2013 10:10 PM

Quote:

Originally Posted by Ronin (Post 8284550)
How dangerous would it be for me to walk around with a DSLR? Man, I'm just looking at some pics and that would be an awesome location to shoot. And plane tickets and hotels can't possibly cost much...I can't imagine there are many Detroit tourists. Some of this shit is a couple bushes and deer away from looking like I Am Legend.

I mean most of Spain is a creepy ghetto now but at least you're still in a beautiful country. I imagine Detroit looks...grey.

Its hard to say. Would you do that openly in the DT Eastside? From my trip there, anything outside of a few pockets of blocks in downtown (near the GM building), it was sketchy as hell. I'd imagine it might be better during the day.

At night though, when we were driving lost in a not so great part of town (which we all agreed after that it was all parts of it), we honestly did not feel safe stopped at a redlight because the streets were empty save for some homeless dudes on the sidewalk gawking at you guys.

aphextwin 07-18-2013 10:18 PM

no big surprise tbh... detroit is noted as the worst place to live in murica.

Obsideon 07-18-2013 10:30 PM

That's crazy ... I don't know much about the city itself because I'm never been there and my knowledge is pretty much limited to their sports teams ... but when you see a team like the Red Wings and their championship pedigree, the tickets for games must be dirt cheap?
The city can't be THAT bad?
http://www4.pictures.gi.zimbio.com/D...ejq6wdmz7l.jpg

godwin 07-18-2013 10:58 PM

I have friends in Windsor and we travel to Detroit quite often.. it is not as bad as people are describing here. I doubt many of the posters here have been to Michigan.. other than watching 8 mile.

One thing you have to adjust is the East Coast scale.. everything is an urban sprawl. Downtown will be empty in the evenings. Yes real estate is cheap, but even in Detroit.. location location location, more so because the place is so large, the city will abandon sections of it, which means some land value will never rise. There are surprisingly strong hipster presence in Detroit especially for creative / engineering types.

As for carrying a DSLR.. you are not the only one with a DSLR.. the rule is don't gawk, be observant and travel in groups apply.. you see something interesting, walk around a few times before you take the picture.

What can Detroit offer? easy and cheap entrance to med school or pretty much any post grad education.

As with any renew/ gentrification / renaissance it will take time. In fact I see more potential and diversity there than "lets trade real estate and spend rest of the day on the beach" Vancouver.

Quote:

Originally Posted by Ronin (Post 8284550)
How dangerous would it be for me to walk around with a DSLR? Man, I'm just looking at some pics and that would be an awesome location to shoot. And plane tickets and hotels can't possibly cost much...I can't imagine there are many Detroit tourists. Some of this shit is a couple bushes and deer away from looking like I Am Legend.

I mean most of Spain is a creepy ghetto now but at least you're still in a beautiful country. I imagine Detroit looks...grey.


iwantaskyline 07-19-2013 12:40 AM

Quote:

Originally Posted by Obsideon (Post 8284576)
That's crazy ... I don't know much about the city itself because I'm never been there and my knowledge is pretty much limited to their sports teams ... but when you see a team like the Red Wings and their championship pedigree, the tickets for games must be dirt cheap?
The city can't be THAT bad?
http://www4.pictures.gi.zimbio.com/D...ejq6wdmz7l.jpg

Most people that attend the games are from the burbs which are not shit holes like Detroit.

MG1 07-19-2013 07:37 AM

From 2 million people to 700, 000 people. <----close to population of Vancouver at around 680,000 (8th largest city in Canada).

Detroit (city) QuickFacts from the US Census Bureau

They just need more Asians..............

Gridlock 07-19-2013 08:39 AM

My god guys, its still a functioning city. Obsideon, Ronin and a few others making out like its Hollywood movie time and the buildings are falling down crumbling at your feet.

People still live there.

https://encrypted-tbn3.gstatic.com/i...QVRx8odMwkoCPg

That's the downtown. It doesn't look that different than ours. Those offices are occupied as far as I know, by the way.

There are some shithole parts. No kidding. Even "everything is brand new in Vancouver" Vancouver has the DTES. And we're supposed to be trendy megalopolis here.

Detroit has some issues, and once they sort that out: a) purge debt and legacy costs b) ditch a horribly bad electoral slate c) focus on areas of growth.

They will be a centrally located, well serviced by major transportation at the center of the largest economy in America, industrially focused city with cheap land. If their respective higher levels of government would get their shit together and actually give a shit about manufacturing, then they'd be looking great.

icemiko 07-19-2013 11:38 AM

Quote:

Originally Posted by gars (Post 8284540)
Detroit is crazy - apparently, people are buying up properties for $500. Just land with an old dilapidated building on it. It will be worth more sometime later.

Apparently 40% of their streetlamps are burnt out/broken.

You can actually buy land/property there for $1.

gars 07-19-2013 12:02 PM

Someone posted this on reddit in light of the Detroit Bankruptcy...


dinosaur 07-19-2013 12:52 PM

nooooooot so fast!

Judge orders Detroit to withdraw bankruptcy filing - Jul. 19, 2013

CharlesInCharge 07-19-2013 02:05 PM

U.S. aid to Israel totals $233.7 billion over six decades (60 years) .....Headline from Haaretz (Isreali news)
It currently pays 3 billion a year.


Rather then spend American tax payer monies on settling Anglo Europeans in Isreal and making enemies with the rest of the world, they should move all Isrealis to Detroit and funnel that money back into America. Thank me if you dont agree.

Brianrietta 07-19-2013 02:08 PM

Quote:

Originally Posted by CharlesInCharge (Post 8284966)
Thank me if you dont agree.


http://images1.wikia.nocookie.net/__..._did_there.png

Mike Oxbig 07-19-2013 02:10 PM

CharlesInCharge

murd0c 07-19-2013 02:30 PM

Quote:

Originally Posted by CharlesInCharge (Post 8284966)
U.S. aid to Israel totals $233.7 billion over six decades (60 years) .....Headline from Haaretz (Isreali news)
It currently pays 3 billion a year.


Rather then spend American tax payer monies on settling Anglo Europeans in Isreal and making enemies with the rest of the world, they should move all Isrealis to Detroit and funnel that money back into America. Thank me if you dont agree.

I think this is the most legit thing you have ever said :ahwow:

godwin 07-20-2013 12:02 PM

The most important lesson we learn about Detroit that is applicable to Canadians.. PENSIONS! That's basically what brought them down. Their pension gap is just too big to mend.

I find it interesting to contrast with Australians whom their pensions are tied to their real estate holdings... their real estate valuations are higher than Vancouver level. As a corollary, if pensioners have an active stake in participate eg their real estate holdings.. they seem to do okay.. vs waiting for the meal to come like pension.

Ronin 07-20-2013 02:17 PM

Quote:

Originally Posted by CharlesInCharge (Post 8284966)
U.S. aid to Israel totals $233.7 billion over six decades (60 years) .....Headline from Haaretz (Isreali news)
It currently pays 3 billion a year.


Rather then spend American tax payer monies on settling Anglo Europeans in Isreal and making enemies with the rest of the world, they should move all Isrealis to Detroit and funnel that money back into America. Thank me if you dont agree.

WOW. Did I just agree with CharlesInCharge? Is up now down? Sky is green?

I don't get how the US spends so much on foreign aid when there are STILL parts of New Orleans in ruins.

Gridlock 07-20-2013 03:11 PM

^^Buying love?

Srs...why else would people stay on the americans side? loyalty? no man...money.


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