By John Lawrence
Over the past few months, the nation has witnessed one of our greatest cities, Detroit, slide into an ever-growing financial morass.
This one-time industrial and cultural leader has devolved from a shining beacon of capitalism to a shadow of its former self. Decades of government ineptitude and poor financial planning resulted in gross municipal over-borrowing and a crushing debt load, leaving the beleaguered citizens of the city to pick up the pieces while facing an uncertain future.
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