Detroit Bankruptcy

Michael William Calkins

City going bankrupt

The city is bankrupt because they owe 18 billion in debt. This will cause layoffs and people may lose their jobs, so they are thinking about selling their property. One of those pieces of property is art from the Detroit Institute of Art.


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The painting above is the piece of art they are thinking of selling.


Don't Do It Detriot!

I think they should not sell it. Because in the very article it says that it inspired people to give money (and the people who were inspired were tourists.).And if tourists keep on giving money then they could try and pay off some of the debt. Also they could see of they could other city's to give them some money. And finally they could've asked the citizens of the city to try go to a city with a lot of money and get a job to help pay off the debt.