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Detroit News Columnist Daniel Howes and Michigan Radio are partners in weekly essays examining what's hot in Michigan business and politics – and what it all means. This week, Howes says that five years after the city of Detroit became the largest American city to declare municipal bankruptcy, the city’s reinvention is tracing a decidedly upward trajectory. It’s the product of hard work, fiscal discipline, business reinvestment and leaders who understood the downside risk and upside potential of a painful, if inevitable, reckoning.

 

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