The economic dysfunction behind Detroit's decline

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Summary

Robert Kaplan of Harvard Business School and Bloomberg View columnist Margaret Carlson explain the function of bankruptcy for a city, what needs to be done to fix Detroit's debt and whether or not ...

Robert Kaplan of Harvard Business School and Bloomberg View columnist Margaret Carlson explain the function of bankruptcy for a city, what needs to be done to fix Detroit's debt and whether or not the federal government will provide a bailout. They speak on Bloomberg Television's 'Bloomberg Surveillance.'

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