tag:blogger.com,1999:blog-1867127488416158679.post5717003252711286579..comments2023-09-28T06:33:11.190-07:00Comments on Chariot of Reaction: Thought Experiment: Imposing Order on DetroitJehuhttp://www.blogger.com/profile/16483263667086303029noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-1867127488416158679.post-39764619390895103752012-12-09T15:59:09.079-08:002012-12-09T15:59:09.079-08:00I like this analysis approach, Jehu. Hits on my k...I like this analysis approach, Jehu. Hits on my key metric, as you know.Aretaehttps://www.blogger.com/profile/15850678936908894274noreply@blogger.comtag:blogger.com,1999:blog-1867127488416158679.post-42818780487264564312012-12-07T09:19:33.505-08:002012-12-07T09:19:33.505-08:00Jack,
Just the increase in real estate values wou...Jack, <br />Just the increase in real estate values would be in the billions. Check out some of the prices in Detroit right now. When you're that far down, there is tons of low-hanging fruit, so to speak.Jehuhttps://www.blogger.com/profile/16483263667086303029noreply@blogger.comtag:blogger.com,1999:blog-1867127488416158679.post-14191265968524909322012-12-06T16:57:26.114-08:002012-12-06T16:57:26.114-08:00Detroit produces nothing of value. Value producer...Detroit produces nothing of value. Value producers long ago relocated elsewhere. Braining order to Detroit wouldn't result in value producers return because they couldn't take the chance that order might go away next week. Uncertainty is death to economic growth.<br /><br />Also the people currently living in Detroit are quite marginal when it comes to productive work. Order or not your not going to get much out of them. Now if you exiled the population of Detroit to Liberia, then yes Detroit would produce a lot of value.Jack Blackhttps://www.blogger.com/profile/15549382669553417000noreply@blogger.com