Friday, July 19, 2013

What is the difference between Detroit and U.S.?

What is the difference between Detroit and U.S.?

Detroit debt is 18 billions.

Each citizen's share of this debt is $25,714.28

U.S. debt is 16,742 billions.

Each citizen's share of this debt is $52,931.56.

Detroit filed for bankruptcy on Jul 18, 2013.

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