I think it's mostly pensions, but also some bond obligations.
Yeah, Detroit's rebounding. It had also been declining since the 60's so it's not likely to get back to where it had been. Eventually, people get through economic downturns. I'm not expecting anywhere to turn into Thunderdome.
Thunderdome? Mad max reference? They had a big economy based on building cars for the longest times. Do any car manufactures still make cars in detroit?
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I think so, but I'm not sure. It's definitely much less than before.
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Yeah, its a lot less. Tesla is in Texas and Cali, right?
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I heard that Tesla's moving to TX, so I imagine they'll be in both states until that move is complete.
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Right. Too bad Detroit didnt get them to move there.
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