On Thursday, July 28, 2013, Detroit, Michigan became the largest city in America ever to file for bankruptcy.
Established in 1701, detroit was founded by the french explorer Antoine de la Mothe Cadillac and a party of settlers. Not one of these men had any idea that Detroit would evolve into the thriving hub of the car industry in centuries to come. In 1756, the smallpox virus and a famine threaten the many lives of the settlers in Detroit, but did not decimate the population enough to cause the city to die off. Later on, Detroit officially became a chartered city in 1802.…