The Economic Collapse blogsite came out February 13th with a unique perspective of how American as a whole might look in the future through the eyes of one of its former economic marvels; The city of Detroit. Before its fall, and near fatal status, the motor city was known worldwide for its industry and production, but today is almost a ghost town where police limit their response areas, and complete sections of the city are in total disrepair.
The Economic Collapse has compiled 20 things we can learn from the death of Detroit, and here are just a few.
#1 People don't want to live where the stench of failure and decay is constantly in the air. Back in the 1950s, Detroit was a teeming metropolis of approximately 2 million people. According to the 2010 census, only 713,000 people live in Detroit today. The U.S. Census Bureau says that Detroit lost a resident every 22 minutes during the first decade of this century.
#2 When the economy falls apart, desperate people will do desperate things and many homeowners will fight back. Justifiable homicide in Detroit rose by a staggering 79 percent during 2011.
#4 When there is not enough money to go around, a lot of local governments will choose to cut back on police protection. Ten years ago, there were approximately 5,000 police for the city of Detroit. Today, there are less than 3,000.
#11 One of the clearest signs of decline in America is the state of our education system. Only 25 percent of all students in Detroit end up graduating from high school. Many other major cities will soon have graduation rates similar to Detroit.
#13 A growing percentage of Americans cannot even read or write. This is a very frightening indication of what the future of America could look like. According to one stunning report, 47 percent of all people living in the city of Detroit are functionally illiterate.
#15 The employment situation in America is a lot worse than the government is telling us. An analysis of census figures found that 48.5% of all men living in Detroit from age 20 to age 64 did not have a job in 2008.
#16 When a major city becomes a hellhole, home prices fall like a rock. The median price of a home in Detroit is now just $6000.
The U.S. economy never recovered from the last major financial crisis, and now another one is on the way.
As the economy crumbles, so will the fabric of our society.
The American people are terribly spoiled and they do not possess the character to handle depression-like conditions with grace and dignity.