Does Detroit’s credit bump tell the full story?
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Detroit’s credit rating is moving up — nearly 10 years after the bankruptcy — which means government operations are normalizing and avoiding irresponsible debt. However, many Detroit residents still struggle with limited opportunity and carry collective debts that put real strain on the city’s financial foundation. On today's show, we're joined by local developer Chase Cantrell and U-M researcher Amanda Nothaft to discuss what the rating increase means for both the city and its residents.
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