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.
Venezuela is not there yet.