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But to be fair on the comparison of debt, the $14b debt was to the city of 700k people not to the metro area of 3.7m.
by sct202 8y ago
But to be fair on the comparison of debt, the $14b debt was to the city of 700k people not to the metro area of 3.7m.
- gph 8y agoFair, I overlooked that. But given the unique situation of Detroit, and the fact that US cities are generally organized in quite a different fashion to Chinese cities there's really no good use in comparing the two IMO.
- kakwa_ 8y agoAlso, Detroit is a really weird case. It's a city that picked at a 1.9M population and was sized to handle that. Then it fell to a 0.7M population. When your city infrastructure and services are sized for 2 to 3 times your population, said population cannot sustain these infrastructure and services, and it's also really difficult to scale down these. This is in sharp contrast with Chinese cities that are nearly all growing at a fast rate, maybe too fast in fact. I'm aware it's an over simplification, but it illustrates the twos are not really comparable.