If the collapse would have happened today, you might be right. The problem back in 2009 was that credit market were frozen, and there was no chance whatsoever of someone stepping in to buy those firms without serious government cash.
There is so much stupid here to unpack in one, or 10, sittings, but let's start with the fact that the 'Let Detroit go bankrupt' op-ed was not about the town of Detroit, but about the "Detroit", the American car industry that nowdays is not at all Detroit based. The city…Â
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alexh84 commented on Was Mitt Romney Right About Everything?
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alexh84 commented on Was Mitt Romney Right About Everything?
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