My 1,000
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My 1,000
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Detroit used to be a of American industry. Yesterday, it went and for bankruptcy – the biggest U.S. city to do so. Its emergency financial manager said the city could no longer pay its , and was a huge $20 billion in . He asked the court to help restructure city finances so it could continue to . He named over 100,000 , including major pension funds and 10,000 public workers. Detroit's pension is underfunded by over $3.5 billion. Many and past police officers, firefighters and public service workers are now questioning their .

Half a ago, Detroit was a shining of American business success. Its huge car industry gave it the "Motor City". However, this former middle-class city has declined into uncared-for full of empty houses and unemployment. The factories that generated its success have almost . The city said key services would continue, but street lights had been cut . The city mayor said Detroit was not on a sustainable . He said the city borrowed too much money and did not pay into pension or pay its bills. This led to its financial .

 
 

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