While some publications are comparing Detroit to Brooklyn (or at least
pointing out how a handful of ex-Brooklynites are finding opportunity in the Motor City), CityLab sees a similarity between Detroit and Greece, the most financially distressed member or the Eurozone.
"For all sorts of reasons, a comparison between Greece and Detroit falls short of useful…" writes CityLab's Kriston Capps. "But the coming debate in Greece may nevertheless echo Detroit on the one point: How can Greece afford not to sell off cultural assets when people are suffering?
Capps points to the so-called
"Grand Bargain" of Detroit's bankruptcy that saved the Detroit Institute of Arts' world class collection from being auctioned to satisfy the demands of creditors as an example Greece's leaders should study as they consider selling cultural artifacts for which the country is famous.
Read more:
CityLab