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Is DETROIT signalling the 'FAILURE' of the American DREAM? - VisualPolitik EN
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You've probably seen all those incredible images of Detroit filled with abandoned factories, desolate streets, and neighborhoods with lots of houses boarded up, abandoned, or directly demolished. Detroit's history has been that of a real economic and social apocalypse.
The most populous city in the state of Michigan became a vital player in the American capital of the automotive sector, and therefore, also as the car capital of the world. Such important companies as Ford or General Motors had their production centers there.
In 1950, this city had almost two million inhabitants making it the fourth largest city in the United States, behind New York, Los Angeles, and Chicago.
However, something happened, and from that moment, everything began to fall apart. Many companies started to close, there were cuts in production chains and many automotive factories pulled down their shutters for good. All this while the city began to record a real exodus of population and a huge wave of violence.
This cataclysm lasted more than 50 years, until finally in 2013 the city announced its bankruptcy. The City Hall had to implement heavy cuts and the federal government intervened in the city’s accounts. However, against all odds, this marked the beginning of a rebirth in the city.
So, what caused Detroit to sink as one of the world's industrial capitals? How has this crisis lasted so many years? What future awaits the most populous city in the state of Michigan? In this video, we'll give you all the details.
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