Re:Detroit files for Chapter 9 bankruptcy amid staggering de...
by dennisgorelik on Friday July 19, 2013 @03:10AM
(#6068737)
It's not that auto industry collapsed, it's auto industry dumped these cities for poor performance.
In the decades following the riots, the middle class black population followed the white population into the suburbs.
At the same time, the industrial economy of the rust belt collapsed.
Then the auto industry collapsed.
Any one of these things could set in motion a vicious circle (people leave, local services become underfunded, crime increases, property values decline, more people leave) but Detroit got hit continuously for ~4 decades.