DETROIT BANKRUPTCY: EMPIRE OF CARS OUT, EMPIRE OF DRUGS IN

Source: The Market Oracle.

Detroit is in bankruptcy, but once upon a time, Detroit was the heart of the American Dream. Good jobs, big cars, and the world's most profitable companies placed the city at the heart of the global economy. But as this empire of cars began to crumble and the jobs evaporated, Detroit became the crime capital of America, and a new business, illegal drugs, took over the economy. Now the city lies in shambles: Detroit is the poorest and most violent major city in America. The heart of the American Dream has been shattered. From corrupt narcotics cop Henry Marzett to the infamous Young Boys Inc, White Boy Rick, and the Best Friends Murder for Hire gang: see the Kingpins and Killers that called Detroit home and became the Henry Fords and Lee Iacoccas of a new generation. What happens when the Ceo's and Politicians fail in their plans? It's called DETROIT. [Al Profit via YouTube]