Michigan attorney general appeals ruling aimed to halt Detroit bankruptcy

Richard Wellings appears on The Voice of Russia

Richard Wellings was interviewed by The Voice of Russia to discuss Detroit's bankruptcy petition.

It was getting worse and worse and we saw the decline of the central services, so street lights have been turned off, a lot of areas of Detroit not being policed properly. And also to avoid even more deaths they had to really seek protection from their creditors.

I think we will probably see some further cuts to basic public services in Detroit, that also will destroy confidence among potential investors into the city. So, the problem is it could lead to even more flights of people from Detroit. And the problem is of course people tend to move out, the wealthy residents who pay tax, whereas the very poor residents are stuck in social housing projects tend to stay and they contribute much to the city tax revenues.

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