Detroit To Default Today, "Shared-Sacrifice" To Follow

And so the next casualty of the inevitable municipal collapse appears, and it is, as expected, that one-time symbol of all that was right with America, having since been replaced with the anti-symbol of all that is broken: Detroit. DETROIT BEGINS MORATORIUM ON ALL DEBT SERVICE PAYMENTS FOR UNSECU…

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Detroit To Default Today, "Shared-Sacrifice" To Follow

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