Breaking News English

Detroit, bustcutdebtdeepeningdeferearnedessentialfiledfootingfunctionfuturegleaminginsolvencymajoronceonce-thrivingspawnedsuburbsunderfundedwhopping a powerhouse of American industry, has bustcutdebtdeepeningdeferearnedessentialfiledfootingfunctionfuturegleaminginsolvencymajoronceonce-thrivingspawnedsuburbsunderfundedwhopping for bankruptcy. It has gone bustcutdebtdeepeningdeferearnedessentialfiledfootingfunctionfuturegleaminginsolvencymajoronceonce-thrivingspawnedsuburbsunderfundedwhopping, to become the biggest city to declare bustcutdebtdeepeningdeferearnedessentialfiledfootingfunctionfuturegleaminginsolvencymajoronceonce-thrivingspawnedsuburbsunderfundedwhopping in U.S. history. Detroit's emergency financial manager Kevyn Orr said the city could no longer afford to pay its bills, and was a bustcutdebtdeepeningdeferearnedessentialfiledfootingfunctionfuturegleaminginsolvencymajoronceonce-thrivingspawnedsuburbsunderfundedwhopping $20 billion in bustcutdebtdeepeningdeferearnedessentialfiledfootingfunctionfuturegleaminginsolvencymajoronceonce-thrivingspawnedsuburbsunderfundedwhopping. He has requested the court's help in restructuring city finances to enable it to continue to bustcutdebtdeepeningdeferearnedessentialfiledfootingfunctionfuturegleaminginsolvencymajoronceonce-thrivingspawnedsuburbsunderfundedwhopping. He named over 100,000 creditors, including the city's bustcutdebtdeepeningdeferearnedessentialfiledfootingfunctionfuturegleaminginsolvencymajoronceonce-thrivingspawnedsuburbsunderfundedwhopping pension funds and its 10,000 plus public employees. Detroit's pension system is bustcutdebtdeepeningdeferearnedessentialfiledfootingfunctionfuturegleaminginsolvencymajoronceonce-thrivingspawnedsuburbsunderfundedwhopping by over $3.5 billion, leaving many current and past police officers, firefighters and public service workers with big question marks over their bustcutdebtdeepeningdeferearnedessentialfiledfootingfunctionfuturegleaminginsolvencymajoronceonce-thrivingspawnedsuburbsunderfundedwhopping.

Half a century ago, Detroit was held up as a bustcutdebtdeepeningdeferearnedessentialfiledfootingfunctionfuturegleaminginsolvencymajoronceonce-thrivingspawnedsuburbsunderfundedwhopping example of American enterprise. Its extensive automobile industry bustcutdebtdeepeningdeferearnedessentialfiledfootingfunctionfuturegleaminginsolvencymajoronceonce-thrivingspawnedsuburbsunderfundedwhopping it the nickname "Motor City". However, the bustcutdebtdeepeningdeferearnedessentialfiledfootingfunctionfuturegleaminginsolvencymajoronceonce-thrivingspawnedsuburbsunderfundedwhopping middle-class city has degenerated into a sprawl of run-down bustcutdebtdeepeningdeferearnedessentialfiledfootingfunctionfuturegleaminginsolvencymajoronceonce-thrivingspawnedsuburbsunderfundedwhopping with abandoned, boarded-up houses and high unemployment. The car factories that bustcutdebtdeepeningdeferearnedessentialfiledfootingfunctionfuturegleaminginsolvencymajoronceonce-thrivingspawnedsuburbsunderfundedwhopping its success have all but disappeared. The city said bustcutdebtdeepeningdeferearnedessentialfiledfootingfunctionfuturegleaminginsolvencymajoronceonce-thrivingspawnedsuburbsunderfundedwhopping services would continue, but street lighting had been bustcutdebtdeepeningdeferearnedessentialfiledfootingfunctionfuturegleaminginsolvencymajoronceonce-thrivingspawnedsuburbsunderfundedwhopping off. The city mayor explained: "Detroit simply was not on a sustainable bustcutdebtdeepeningdeferearnedessentialfiledfootingfunctionfuturegleaminginsolvencymajoronceonce-thrivingspawnedsuburbsunderfundedwhopping, continuing to borrow, continuing to bustcutdebtdeepeningdeferearnedessentialfiledfootingfunctionfuturegleaminginsolvencymajoronceonce-thrivingspawnedsuburbsunderfundedwhopping pension payments, continuing not to pay its bills on time - continuing a bustcutdebtdeepeningdeferearnedessentialfiledfootingfunctionfuturegleaminginsolvencymajoronceonce-thrivingspawnedsuburbsunderfundedwhopping insolvency."