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A comment on Detroit's Big Comeback: Out of Bankruptcy, a Rebirth. Parent comment

Re:Detroit's Big Comeback: Out of Bankruptcy, a Rebirth by nabla9 on Tuesday January 01, 2019 @07:43AM (#18799966)
Economic writing in narrative form is easily misleading and void of relevant information. Numbers are just sprinkled around to support the story, not to give accurate picture.

Even bad economies reach equilibrium. Declining economy can decline too fast and rebound. It seems that Detroit's population is still in decline. Decline has just slowed down. How much of it is from economic cycle is unknown.

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Re:Detroit's Big Comeback: Out of Bankruptcy, a Rebirth by ekianjo on Tuesday January 01, 2019 @08:11AM (#18800046)
> Even bad economies reach equilibrium

Venezuela is not there yet.

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Re:Detroit's Big Comeback: Out of Bankruptcy, a Rebirth by malandrew on Tuesday January 01, 2019 @11:13AM (#18800701)
Well they are still sticking to their socialist agenda, which means centrally controlled economy instead of a dynamic market economy. Can't really have an equilibrium without allowing things to dynamically self correct through feedback loops. The only feedback right now is the continuing failure of centralized controls, which will likely continue indefinitely so long as those doing the controlling are using military force and violence.
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