9. Detroit, USA
Detroit, contrary to popular belief isn't being pushed to bankruptcy only because of the bad policy making that the leaders have exhibited, but rather cause since the many corruption scandals the general mood and the feel of a city has been of a destitute.
Failing local factories and outsourcing of work has led to a standstill economically.
When the city declared Bankruptcy, the emergency manager appointed by Michigan said the only thing people can blame Detroit's unfortunate fate to the poor planning.
Latest World News