Detroit Deep in Debt: City filed for bankruptcy, but 'hit rock bottom long ago'

Detroit Deep in Debt: City filed for bankruptcy, but 'hit rock bottom long ago'

A small sigh of relief for pensioners and people with disabilities in Detroit - with the bankrupt city saying their benefits are safe, at least for the next six months. The city - once the jewel of American industry - is now in 18.5 billion dollars in debt, and with little prospect of paying that back. READ MORE: br RT LIVE br Subscribe to RT! br Like us on Facebook Follow us on Twitter Follow us on Instagram Follow us on Google+ br RT (Russia Today) is a global news network broadcasting from Moscow and Washington studios. RT is the first news channel to break the 1 billion YouTube views benchmark.


User: RT

Views: 1

Uploaded: 2014-04-04

Duration: 01:36

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