Anyone who has spent any time in Detroit recently will tell you it is by all apparent indications a dying city. Crumbling buildings, widespread decay and a population in flight make for a depressing landscape. Detroit's fortunes have always been tied intimately to the fortunes of the U.S. auto industry. So it's hardly surprising that a look at Ford's and General Motors' balance sheets will show just as much decay and devastation as a trip through Detroit's worst slums. The only real question is, Which automaker will declare bankruptcy first?
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