25 Reasons Why Detroit Is On The Verge Of An Epic Comeback
REUTERS Detroit just became the largest American city ever to file for bankruptcy
The city is staring down a $20 billion unfunded liability vortex.
Meanwhile, crime, unemployment and broken infrastructure remain endemic.
But we're banking on the city getting its act together — and it's not just because things can't get any worse.
We've put together 25 signs Detroit is on the mend.
Here's the summary:
- In several major economic indicators, Detroit's rate of improvement has matched or exceeded the national average.
- Former Mayor Kwame Kilpatrick aside, the city enjoys strong leadership.
- The auto industry is booming.
- Its sports teams remain hugely successful.
- It's also becoming an increasingly popular center, for a new wave of entrepreneurs.
Hear us out.