Did Detroit, once a brilliant "automobile city", decline because of black talents?

Detroit used to be a famous industrial city in America. The headquarters of the three famous automobile companies are all located in Detroit, with a peak urban population of 2 million.

Today, the population of Detroit has dropped by more than 50%, and there are many dilapidated houses without owners in many blocks of the city. In 20 13, the Detroit municipal government filed for bankruptcy protection because of its debt of 185 billion dollars, which became the largest bankruptcy case of the municipal government in American history.

▲ The picture comes from the Internet.

In fact, both national and local governments are economic entities with assets and liabilities. When assets are insolvent, filing for bankruptcy is also a way to solve the debt problem, which is not a very shocking thing.

In other countries, due to the great leap forward in urban construction, local governments are also heavily in debt, but due to institutional and cultural reasons, they never choose to go bankrupt, but adopt other means? Digestion? These debts.

Strictly speaking, debt can't? Digestion? Can only be allocated to a longer period in the future to increase income, that is, to increase the tax burden of urban residents to gradually repay. In bankruptcy, assets can be sold and paid off quickly. Even if the asset price is not enough to pay off the debt, it will not be paid off after bankruptcy liquidation, and the debt will be eliminated.

After Detroit went bankrupt, about $7 billion in debt was cancelled. Although the creditors of these debts have also suffered considerable losses, as long as they borrow money, there are risks. Since you were willing to lend money to the government at the beginning, you have the obligation to bear the risk of creditor's rights loss.

▲ 20 19 1.20 The picture of kangbashi district in Ordos comes from Phoenix News.

Ordinary people, on the other hand, are innocent, and they have no obligation to pay for the future debts of the government. So bankruptcy and? Digestion? It is clear at a glance which is better or worse.

Today's Detroit, the city looks rather shabby, with poor public security and sparse population, and most of the population is black. For this reason, people blame blacks for the destruction of Detroit. They think that black people seem to be lazy and sloppy by nature, and mud can't help the wall, so it makes sense to discriminate against black people.

▲2065 438+06 The map of Michigan Central Railway Station originated from the Internet.

But is this really the case?

The rise and fall of Detroit can reflect the development track of an industrial age in the United States, and investigating the reasons and course of Detroit's decline can also help people clarify what led to the end of the industrial age in a city and even a country, and then know what it means. Black leads to Detroit's decline? How absurd and ignorant his remarks are.

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The birth of a big city

Detroit's name comes from French and was once a French colony. From 65438 to 0805, Detroit became the capital of Michigan because of its good geographical location.

/kloc-At the end of 0/9, the north-south division was eliminated, and millions of immigrants came to the United States from Europe, which brought huge demographic dividends, capital dividends, technology dividends and market dividends to the United States, which made the wealth of the United States grow by leaps and bounds, and most of the wealth was concentrated in the north.

During this period, the city scale of Detroit has also developed by leaps and bounds, known as? Paris, USA? .

▲ 19 15 The map of Detroit Railway Station on the postcard originated from the network.

Due to its proximity to the Great Lakes, at the end of 19, Detroit's industrial base was shipping, shipbuilding and machinery manufacturing. A good industrial foundation breeds a bright pearl of modern industry? Automobile industry.

1896, Henry? Ford built the first car in Detroit and founded the Ford Motor Company. Soon after, Ford Model T rolled off the assembly line at 1904. It has changed the impression that cars are only luxury goods in the past, and made cars enter thousands of households with low prices and replaceable standardized parts assembly methods.

Except Ford, Dodge Brothers, Chrysler, etc. They set up their own automobile company, making Detroit the automobile industry capital of the United States and even the world.

Although war is cruel, it is indeed a good catalyst for industry.