Demise of the Dollar

[NYBob]

Detroit files for bankruptcy -

http://www.youtube.com/watch?v=5kkkcgr4w3k

Published on Aug 22, 2013
Detroit filed for bankruptcy Thursday afternoon after struggling with
an $18-billion-dollar debt. Once the very symbol of American
industrial might, Detroit became the biggest U.S. city to file for
bankruptcy after its finances ravaged and its neighborhoods hollowed
out by a long, slow decline in population and auto manufacturing.
And the Motor City's bankruptcy battle is likely to be a long and
painful one.
Meanwhile, a judge just said that Detroit's filing violates
Michigan's Constitution, a ruling that the Michigan attorney general
has pledged to appeal.
RT producer and Detroit native Ameera David joins Prime Interest host
Bob English to discuss the situation.

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God Bless