Zero Hedge breaks down Detroit's woes

Author: John Swartz
Published: July 25, 2013 at 10:21 am
Detroit has filed for bankruptcy, is less than half the population it used to be and Zero Hedge has a roundup of 25 facts about the city's fall that might surprise you.
One of the blogs in the Top 100, Zero Hedge is the No. 1 Business site in the the Technorati Blog Directory.
All 25 facts in the post are head-scratchers, but here are a few that we found most interesting:
7. At this point, there are approximately 78,000 abandoned homes in the city.
10. Less than half of the residents of Detroit over the age of 16 are working at this point.
15. Forty percent of the street lights do not work.
Go check out the rest of the list.
Read more from Zero Hedge here.
Image credit: Wikimedia

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Article Author: John Swartz

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