“Don’t ever think that a combination of central bank stop and go money printing combined with suffocating government regulations can’t push us back into the Stone Age. Detroit today reminds me in many ways of the Bronx in the 1980s. The details of the government destruction causing interventions are a little bit different, but the results are the same.”
http://www.economicpolicyjournal.com/2013/07/15-houses-in-detroit-you-can-buy-for.html