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Will Detroit Be The First Major Chinese City In The United States?

Tyler Durden's picture




 

Submitted by Michael Snyder of The Economic Collapse blog,

Is Detroit destined to become a Chinese city?  Chinese homebuyers and Chinese businesses are starting to flood into the Motor City, and the governor of Michigan is greatly encouraging this.  In fact, he has formally asked the Obama administration for 50,000 special federal immigration visas to encourage even more immigration from China and elsewhere.  So will Detroit be the first major city in the United States to be dominated by China?  It could happen.  Once upon a time, Detroit was the greatest manufacturing city in the history of the world and it had the highest per capita income in the entire country.  But now it is a rotting, decaying, bankrupt hellhole that is in desperate need of a savior, and Michigan Governor Rick Snyder appears to be fully convinced that China can be that savior.

To Snyder, encouraging foreigners to invest money and buy up properties won't cost the state government much, but it could potentially have great benefits...

Under a plan to be unveiled Thursday, Gov. Rick Snyder will request 50,000 special federal immigration visas over the next five years to attract foreign professionals who are willing to work and live in the city.

 

Mr. Snyder, in an interview Wednesday, said that “this is one way for the federal government to step up to provide significant value without cost that could have a huge impact on the city’s future.”

At a news conference announcing his plan, Snyder was not shy about declaring his intentions...

"Let's send a message to the entire world: Detroit, Michigan, is open to the world."

In other words, Snyder wants China to save Detroit since nobody in this country is going to.

Snyder has also taken a couple of additional steps to encourage immigration and foreign investment, including opening up something called "an Office for New Americans"...

Opening an Office for New Americans to attract and help immigrants better adjust to life in Michigan, and designating the state as an Employer Based or EB-5 center to expedite visas and permits for immigrants who want to open business in the state with investments of at least $500,000 and 10 employees.

In essence, Snyder has done just about everything except roll out the welcome mat for the Chinese.

But this is nothing new for Governor Snyder.  In fact, he has been making overtures to China for years...

Snyder, who was a businessman before starting his political career, believes that automobiles can no longer change the fate of Detroit. He said that he has learned from the history of the United States that what has made the nation great is immigrants.

 

In the early 1990s, Snyder went to China to develop the automobile market. After he was elected as the governor of Michigan, he made at least one trip to China every year, with the aim of recruiting talent.

 

He hopes that well-educated Chinese people can revitalize the Motor City in the new era. And as he desired, after Detroit announced its bankruptcy in 2013, the Chinese began to take the dying city by storm.

 

Rich Chinese men see Detroit as a rare opportunity for investment outside their home country.

 

In 2013, without any field investigation, Dongdu International Group of Shanghai — whose assets total 5 billion yuan (US$800 million) — spent US$13.6 million to buy the David Stott building and the Detroit Free Press building at auctions in September.

And when we talk about the Chinese domination of Detroit, this is not something that is just future tense.  This is something that is already happening right now.  For example, the following is an excerpt from a CNBC article that discussed how Chinese companies are already aggressively "putting down roots in Detroit"…

Dozens of companies from China are putting down roots in Detroit, part of the country’s steady push into the American auto industry.

 

Chinese-owned companies are investing in American businesses and new vehicle technology, selling everything from seat belts to shock absorbers in retail stores, and hiring experienced engineers and designers in an effort to soak up the talent and expertise of domestic automakers and their suppliers.

The transformation that has taken place in that region of the country is absolutely remarkable.

48 percent of the manufacturing jobs in the state of Michigan were lost between December 2000 and December 2010.  Our trade deficit with China was largely responsible for that.

And now we are relying on China to come in and salvage the ruins of our gutted economic infrastructure.

Not only that, but the Chinese are also eagerly buying up homes at extremely depressed prices all over Detroit.

According to CNN, Detroit is already number four on the list of the top 10 destinations for Chinese homebuyers.  In many cases, Chinese buyers are scooping up properties without even looking at them first.  Just check out what one Detroit real estate broker told Quartz last July...

“I have people calling and saying, ‘I’m serious—I wanna buy 100, 200 properties,’” she tells Quartz, noting that one of her colleagues recently sold 30 properties to a Chinese buyer. “They say ‘We don’t need to see them. Just pick the good ones.’”

And they aren't just interested in Detroit.  As I have written about previously, one Chinese company known as "Sino-Michigan Properties LLC" actually had plans to buy 200 acres of land near the little town of Milan, Michigan and turn it into a "China City" with artificial lakes, a Chinese cultural center and hundreds of housing units for Chinese citizens.  For much more on how Chinese buyers are gobbling up real estate all over the nation, please see my previous article entitled "The Chinese Are Acquiring Large Chunks Of Land In Communities All Over America".

All of this is just another indication of how rapidly the global economic landscape is changing.

Since the late 19th Century, the United States has been the most dominant economic power in the world.

But now that reign is ending.

Just recently, a new study released by the World Bank indicated that China is now the largest economy in the world in terms of purchasing power...

A report out of the World Bank shows rapidly expanding China is poised to overtake the once invincible United States as the world's largest economy by the end of 2014.

 

The International Comparison Program looks at exchange rates to reveal purchasing power of different currencies and found that yuan in China will soon pack more punch than the mighty dollar.

 

Meanwhile, Chinese officials bashed the report as flawed, likely for fear of losing its status as a developing nation and the pollution-spewing perks that come with it.

And a couple of years ago China passed the United States and become the leader in global trade.

As the Chinese economy continues to rise and the U.S. economy continues to decline, the shift in global power is going to become even more dramatic.

Yes, let us hope for the best for our failing economy, but you also might want to teach your kids to speak Chinese just in case.

 

 

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Tue, 05/06/2014 - 15:29 | 4733046 SheepRevolution
SheepRevolution's picture

Well since everything we buy these days has "Made in China" labeled on them, what difference does it make?

Tue, 05/06/2014 - 15:31 | 4733060 bania
bania's picture

Just update the labels to say "Made by Chinese"

Tue, 05/06/2014 - 15:33 | 4733067 lordylord
lordylord's picture

.

Tue, 05/06/2014 - 15:36 | 4733089 TeamDepends
TeamDepends's picture

Chotown

Tue, 05/06/2014 - 15:40 | 4733111 Troll Magnet
Troll Magnet's picture

NOTE TO SELF: AVOID DETROIT. 

Tue, 05/06/2014 - 15:42 | 4733129 CrashisOptimistic
CrashisOptimistic's picture

You're only now doing that note?

So . . . the UAW will be coolie labor.  How quaint.

Tue, 05/06/2014 - 15:54 | 4733205 SumTing Wong
SumTing Wong's picture

Check out Macon, GA. It is called the Detroit of the south. Corrupt politicians, boondoggles of investments, and then declining property values.

Guess whose mayor decided all the little schoolkiddies need to learn Chinese. Uh oh, SumTing Wong! Hey, that's me.

Tue, 05/06/2014 - 16:10 | 4733300 pods
pods's picture

Get offf my lawn!

 

Tue, 05/06/2014 - 16:21 | 4733361 Frank N. Beans
Frank N. Beans's picture

they wanna build a monorail

 

Tue, 05/06/2014 - 16:36 | 4733382 Bananamerican
Bananamerican's picture

HEY! they just might end up polluting the city, ya know....and then what and stuff?

Somebody remind me why we have borders again? (that we spend Trillion$ "defending" from (insert boogeyman)

Tue, 05/06/2014 - 17:15 | 4733600 ndotken
ndotken's picture

Miami is owned by Cubans, Los Angeles by Mexicans, New York by Jews ... so what's wrong with Detroit being owned by the Chinese?

Tue, 05/06/2014 - 18:48 | 4733952 Keyser
Keyser's picture

Hell, the Chinese can level Detroit to the ground and build a mega-city in it's place in less than 1 year... They've been doing it in China for a decade... 

 

Tue, 05/06/2014 - 19:33 | 4734084 Four chan
Four chan's picture

the chinese are not coming to detroit. who wrote this hyperbole?

Tue, 05/06/2014 - 20:04 | 4734165 mjcOH1
mjcOH1's picture

There ain't enough Chinamen to stay ahead of the killin' curve in Detroit for that city to go Chinese.

But if they'd like to try, more power to them.

Wed, 05/07/2014 - 07:05 | 4735259 N2OJoe
N2OJoe's picture

Well I've never been to Detroit (and never intend to) but I think I'd rather have the Chinese as my neighbors than hoodrats and muzzies.

Maybe instead of car parts they should make bulletproof vests and bomb suits?

Tue, 05/06/2014 - 21:44 | 4734499 Dickweed Wang
Dickweed Wang's picture

The chinese are not coming to detroit. who wrote this hyperbole?

Someone who obviously does not live in the area or has even been to Southeast Michigan.  There are far more Arabs in the Detroit area than Chinese - in fact, large scale Chinese populations in the Detroit area are non-existent.  They are buying the properties here - not moving here.

Yeah, Detroit is rotting from within and it started with the shenagins of the late mayor of Detroit "It's my People Mover" Coleman Young.  The problem perception-wise for the rest of the country is if you could core out the area from Downtown Detroit to the outlying suburbs you would find one of the nicest areas in the US (winters notwithstanding).  This is coming from a resident of the area that has been to most of the other largest metro areas in the country.

Tue, 05/06/2014 - 19:00 | 4733997 Dugald
Dugald's picture

 

Reminds me of a book title.....

                THE ENEMY WITHIN

Tue, 05/06/2014 - 19:28 | 4734068 thecoloredsky
thecoloredsky's picture

Pretty sure Detroit is a French name. Wonder what they are waiting for... Oh that's right they're broke too. 

Tue, 05/06/2014 - 17:15 | 4733609 Vampyroteuthis ...
Vampyroteuthis infernalis's picture

If the Chinese want Detroit, they can have it including the inhabitants.

Tue, 05/06/2014 - 17:35 | 4733691 Mentaliusanything
Mentaliusanything's picture

Well the Chinese could not fuck it any worse than it is at the moment. Or could they?

Social dislocation coming to Motown as soon as they get the getto thing going. Its going to be fun watching the Bloods and cripts give turf to the Chineses gangs.

Tue, 05/06/2014 - 18:49 | 4733956 Keyser
Keyser's picture

The Chinese have no problem getting rid of vermin -or- living with them and profiting off the black market...

Tue, 05/06/2014 - 21:59 | 4734553 mjcOH1
mjcOH1's picture

"The Chinese have no problem getting rid of vermin -or- living with them and profiting off the black market..."

The Chinese will strip mine it for its natural resources. It has the world's largest known deposits of MD 20/20 and Cisco Red.

Tue, 05/06/2014 - 21:48 | 4734514 Dickweed Wang
Dickweed Wang's picture

If the Chinese want Detroit, they can have it including the inhabitants.

Another fuckhead that likely has never even been to the area . . . .

Tue, 05/06/2014 - 17:29 | 4733670 PT
PT's picture

So, first they gave the jobs to the Chinese, then they got surprised that the yanks couldn't afford to buy any land, so now they're selling the land to the Chinese.  Well, I guess they worked hard and so deserve whatever they can afford to buy.  Guess it will also cut shipping costs.  Hey!  Wasn't all this a little subplot in a Will Ferrel movie recently?
http://www.youtube.com/watch?v=k7yC0iiK7a4

(The Campaign)

When you impoverish your citizens, make a foreign country rich, and then sell your land to a foreign country, isn't there a word that means all that?

No, not globalisation.  The other word.  Often associated with pieces of rope for offenders. 

Tue, 05/06/2014 - 17:32 | 4733678 PT
PT's picture

Bet the Chinese will be pissed and wish they had have bought sooner when they see all the wasted factories and infrastructure that they have to rebuild.  Then again, if everything was working then they wouldn't be able to get it at bargain prices.  They are getting it cheap, aren't they?  Guess it doesn't matter.  What else would they do with all them US dollars?

Tue, 05/06/2014 - 16:20 | 4733354 Oracle 911
Oracle 911's picture

Well, in eastern Europe is a running joke:

In 20xx you will start your application for a new job with sentence: I always liked rice.

I never thought even in my wildest dream, it will apply for USA.

Tue, 05/06/2014 - 15:42 | 4733131 Flux
Flux's picture

Wait ...

I thought Canada was going to buy Detroit?

Can't we have an auction or something?

Tue, 05/06/2014 - 15:52 | 4733194 Son of Loki
Son of Loki's picture

Just North of Detroit live more Muslims then in Iraq and Pakistan combined. A recent article said there are over 60,000 Muslims in that subrub. The second largest concentration is just east of San Diego [go figure?] where they said over 40,00 live.

So why not have the Chinese in Downtown Detroit? It all sounds like improvements to me from the previous bunch.

Tue, 05/06/2014 - 15:54 | 4733209 LFMayor
LFMayor's picture

Poor little bastards. They'll still have to fight them Wiggers.  And Uighers, too.  

8 MILE ROAD Shout OUT to all Marshal Mathers Home-Slices, Biatches!

Tue, 05/06/2014 - 15:55 | 4733211 Uchtdorf
Uchtdorf's picture

Uhm, dude, the population of Iraq alone is 32 million.

Tue, 05/06/2014 - 16:01 | 4733255 Canadian Dirtlump
Canadian Dirtlump's picture

Aren't there over 180 million muslims in pakistan?

Either way I would think that the biggest concern would be the unwashed lawless masses in detroit itself.

It's funny to see the schitzophrenic west on one hand demonize the likes of china as job stealers, currency manipulators and general menace while begging them for their money.

All the foreign real estate investment here is aggravating me as it helps forestall the real estate collapse I'm waiting for.

Tue, 05/06/2014 - 16:48 | 4733482 Canadian Dirtlump
Canadian Dirtlump's picture

Apparently an asian muslim virtual bus tour just stopped by for a raspberry fest on the downvote front on their way to buy detroit LOL.

Tue, 05/06/2014 - 17:13 | 4733592 Matt
Matt's picture

Just how low do property prices in Detroit have to fall, before you consider it a collapse? You want to get paid to take the property?

I know, you're probably talking about Toronto or Vancouver.

Tue, 05/06/2014 - 17:16 | 4733611 Canadian Dirtlump
Canadian Dirtlump's picture

Yes I'm talking about canada, not detroit. I'm acutely aware that the bombed out shithole sees houses trade for back taxes or less.

Tue, 05/06/2014 - 18:47 | 4733951 Blano
Blano's picture

Uh, no, there aren't more Muslims in the Dearborn area than Iraq/Paki combined, and it's immediately WEST of Detroit.  Still turning into a shithole though from what I hear from my friends there.

Tue, 05/06/2014 - 21:52 | 4734522 Dickweed Wang
Dickweed Wang's picture

The Arabs in the Detroit area are some of the hardest working, smartest, business people I have ever encountered.  If they had more say in the way the city was run Detroit would not be in the mess it is in.

Tue, 05/06/2014 - 23:46 | 4734857 Bananamerican
Bananamerican's picture

Yeah? Well, if we were having this conversation in Arabia that might make more sense

Tue, 05/06/2014 - 15:53 | 4733196 pato28
pato28's picture

Canada's been china for years

Tue, 05/06/2014 - 15:36 | 4733091 pods
pods's picture

The amount of funny money floating around the punch bowl is certainly at a peak.  "just pick me the best ones."
Those lines used to be about apples, or flowers for the mailbox.  Now about houses.

This is not going to end well.  And with those 50k new Visas, expect wages to drop in the areas in which the Visa people enter into.

We have about hit peak government I am NOT sad to say.

pods

Tue, 05/06/2014 - 15:53 | 4733123 Hippocratic Oaf
Hippocratic Oaf's picture

Maybe the Chinese should watch Hardcore Pawn before they pull the trigger, eh?

Tue, 05/06/2014 - 15:59 | 4733240 Mr Pink
Mr Pink's picture

I know! Those sneaky Joos would scare anyone away!

Tue, 05/06/2014 - 15:52 | 4733193 Telemakhos
Telemakhos's picture

How much can wages drop in Detroit, the Home of Unemployment?

Tue, 05/06/2014 - 16:03 | 4733271 pods
pods's picture

Once they get here they certainly ain't gonna stay in Detroilet.

pods

Tue, 05/06/2014 - 21:53 | 4734526 Dickweed Wang
Dickweed Wang's picture

Fuck you Pods

Tue, 05/06/2014 - 16:19 | 4733344 Cathartes Aura
Cathartes Aura's picture

look up "special economic zones" if you truly want an answer.

and then realise some amrkn states have been trying that meme on for over a decade. . .

hello OHIO, IDA-HO, and more - come on down!  let's make a deal!!

Tue, 05/06/2014 - 16:17 | 4733337 Cathartes Aura
Cathartes Aura's picture

amrka may have "hit peak government" but the global governing game is in full swing.

what about this story hasn't been obvious for years, hmm?

Snyder, who was a businessman before starting his political career. . .

In the early 1990s, Snyder went to China to develop the automobile market. After he was elected as the governor of Michigan, he made at least one trip to China every year, with the aim of recruiting talent.

dude's been on the global-bandwagon for over two decades, tell me this isn't a fuckin' pattern here, lol.

wake up folks, nationstates are artificial, arbitrary, IMAGINARY boundaries created in the minds of the flag-wavers, and kept alive via the stupid "voting games" - much like sports team colours & cheerleaders - the same distractions on a larger scale.

hilariously sad.

Tue, 05/06/2014 - 21:15 | 4734406 robobbob
robobbob's picture

.........nationstates are artificial, arbitrary, IMAGINARY boundaries .......

at the treaty of westphalia, they represented recognition of cultural and social groupings.

many of the worlds problems stem from colonialists creating boundries based on economic or bureuacratic usefulness at the expense of the cultures affected. today, globalists are continuing the tradition

Tue, 05/06/2014 - 17:41 | 4733703 Monty Burns
Monty Burns's picture

Do the Chinese realise they'll have to compete with Detoilet's current thrifty and industrious inhabitants?  Should be titanic.

Tue, 05/06/2014 - 17:51 | 4733748 PT
PT's picture

No.  Everyone will get really excited when products "Made in the USA" start making a comeback.  Boy, are they in for a surprise.

Tue, 05/06/2014 - 16:05 | 4733278 dtwn
dtwn's picture

Doesn't China already have multiple ghost cities already?  With much nicer infrastructure.  Why would they want to come here?

Tue, 05/06/2014 - 17:12 | 4733584 Gaius Frakkin' ...
Gaius Frakkin' Baltar's picture

It's called colonization.

Tue, 05/06/2014 - 17:17 | 4733619 Matt
Matt's picture

Post-Mao strategy for global victory. Once an area is >51% Chinese, it has the power to hold a referendum and vote to become seperate or be annexed by China. Same as Crimea. Kosovo, et al, really opened a can of worms.

Tue, 05/06/2014 - 18:56 | 4733984 Parrotile
Parrotile's picture

Establishment of a bridge-head.

Unlike Aussies and Americans, the Chinese are perfectly happy living in what others consider "cramped" accommodation, and the new Migrants could (and most probably would) increase head-count fairly rapidly.

It would be interesting to see how many "family and friends" coming to visit had Chinese Military background (active or otherwise).

It might also be "interesting" to see what would happen if they "decided to stay a little longer" once their visas expired (seeing as the US owes China trillions) . . . . . .

Tue, 05/06/2014 - 17:36 | 4733694 Edward1290
Edward1290's picture

for the soul food?

Tue, 05/06/2014 - 17:42 | 4733710 Monty Burns
Monty Burns's picture

Why would they want to come here?

 

They can't wait to meet those lovely Detroit people that they've heard so much about.

Tue, 05/06/2014 - 18:50 | 4733959 Blano
Blano's picture

On the bright side, "those people" will now mean the Chicoms instead of whitey in the suburbs and Lansing.

Tue, 05/06/2014 - 17:57 | 4733783 PT
PT's picture

Lower transport costs.

Tue, 05/06/2014 - 16:09 | 4733294 SILVERGEDDON
SILVERGEDDON's picture

Harro. My name, No Fu Kin Alound. I rike take Kommie moneys flum Glorios Homeland, get real Amellican gangstah plopetty in da hood. 

You got Kim Chee for house walming patty ? Me rive happilly evah afteh. 

Wed, 05/07/2014 - 07:46 | 4735303 Mabussur
Mabussur's picture

Kimchi is Korean. If you wanna be a smartass, at least be accurate.

Or maybe you're one of the "Chinese, Korean, Vietnamese, Japanese, all the same gookery" type of person, in which case stop posting altogether and go back to eating some pork rinds with (domestic) beer with your heeeee-ah friends.

Sat, 05/10/2014 - 14:54 | 4745369 SILVERGEDDON
SILVERGEDDON's picture

Actually, I am Canadian. Kim Chee is my ex hooker porn film girlfriend.  And, you don't get satire.

Canada did the top end immigration program in the ninties when the Chinese were taking Hong Kong back. Chinese business folks were freaking out, looking for a safe haven for all the cash they had looted from their business interests, the mainland, and plain old thievery.

Got a half million ? Congratulations, Hong Kong boy with money, you are now an official Canadian citizen. Hong Kong money ran to hide in Canada, similar to what is going on with Chinese expatriates in Detroit.

Back then, their favorite city was Vancouver. Well, they turned the gem of the Pacific into a high density high rise metropolis - similar to Hong Kong. I guess that there really is no place like home, until you build it out that way. Chinese money came over by the boat load, and now Chinese money owns Vancouver from asshole to appetite.

AVERAGE JOE CANADIAN CAN'T AFFORD TO RETIRE THERE NOW - REAL ESTATE PRICES ARE OUTTASITE. SAME THING WILL HAPPEN TO DETROIT, OTHER CITIES, INDUSTRIES, AND NATURAL RESOURCE SECTORS.

Make no mistake - you are dealing with a " look after the generations ahead ' dynasty mind set that plays to win. Commies couldn't do it, war couldn't do it, however, Chinese money will do it but good. Slowly but surely, Chinese money has been buying up assets here in North America for decades. They will win the economic war right here, right now.

This is no sudden dose of rats leaving the sinking ship, but the shakey economic picture in China today is creating another big wave of cash coming soon to control resources and assets here in Capitalist Land. 

I don't give a fuck whether you are red, green, yellow, black, or want your fudge packed daily - do whatever you want. No skin off of my ass. It is a free country, live and let live. Canada has more cultural diversity in ten percent of the U.S. population by a factor of 100. So, fuck you and your hackneyed redneck rant.

And, wake the fuck up.  These folks play to win. 

So, in closing, in character with your suggestion for my recreational activity, I would like to suggest you go fuck yourself with that rechargeable dildo you plug in alongside of your Prius while watching Hope and Change Oblammie teleprompter speech re runs. See you on the freeway clogging up the passing lane at a steady 55 mph, brake checking all of the folks who want to travel at a sane rate of speed, you rainbow skittle shitting flying unicorn lib tard eco weenie. 

You will be the first thing to hit the bar b q in your neighborhood when the shit hits the fan. And, I don't think you will taste like chicken - more like long pig. 

Fucking amateur Fight Club reject. 

Tue, 05/06/2014 - 18:22 | 4733865 OCD_AgBULL
OCD_AgBULL's picture

Fuck China

Happening in NZ too, heard a couple on the main street in Auckland city who had just come off a cruise ship say "I could have sworn we're in Hong Kong" and you just have to look around to see exactly what they meant.

Essentially given their political and business involvement in this country and our polititians desire to suck up to them and their money, I see us now as NZ R.O.C. New Zeland Republic of China.

Indeed better start learning chinese.  I've started with the swears and get great delight in showing my lingual prowess as I pass them in malls with greetings such as "Fuck you!" "Hope you die" "Go to hell" "Fuck your mother's smelly pussy" all in their native tongue so that they know I care enough to learn a few words to help them integrate, I mean get the fuck outta here.

 

Tue, 05/06/2014 - 18:34 | 4733905 blentus
blentus's picture

You must be Maori, right?

Tue, 05/06/2014 - 18:42 | 4733926 OCD_AgBULL
OCD_AgBULL's picture

yeah bro i'm a real cheeky darkie, but one of the white ones cuz

Tue, 05/06/2014 - 15:29 | 4733049 ParkAveFlasher
ParkAveFlasher's picture

Detroit Rions, ftmfw

Tue, 05/06/2014 - 15:35 | 4733081 SheepDog-One
SheepDog-One's picture

Gives an entirely new meaning to the Detroit 'Red' Wings huh?

Tue, 05/06/2014 - 15:37 | 4733095 Confused
Confused's picture

Detroit Tigels

Tue, 05/06/2014 - 15:56 | 4733218 oklaboy
oklaboy's picture

Detruit Rions?

Tue, 05/06/2014 - 15:56 | 4733217 TeamDepends
TeamDepends's picture

Next season it'll be the Red Wangs slappin' the puck.

Tue, 05/06/2014 - 18:51 | 4733965 Blano
Blano's picture

The Russian Five will now become the Chicom Five.

Tue, 05/06/2014 - 16:52 | 4733504 Uncle Remus
Uncle Remus's picture

"He say you under arrest..."

Tue, 05/06/2014 - 15:29 | 4733050 Grande Tetons
Grande Tetons's picture

That is one way to get all of those unwanted cats and dogs off the streets. 

Tue, 05/06/2014 - 15:36 | 4733092 Hippocratic Oaf
Hippocratic Oaf's picture

Good one.

Who'd junk that comment?

Tue, 05/06/2014 - 15:48 | 4733166 CrashisOptimistic
CrashisOptimistic's picture

An online dog.

Tue, 05/06/2014 - 19:25 | 4734062 thecoloredsky
thecoloredsky's picture

Riot dog

Tue, 05/06/2014 - 18:28 | 4733885 TheFourthStooge-ing
TheFourthStooge-ing's picture

.

Who'd junk that comment?

My guess would be one of the new or prospective holders of a Detroit franchise of City Wok (pronounced shitty wok, of course, but you already knew that) or JKC (Just Killed Cat, Chinese citizenism fastfood restaurant having favorite famously).

Disengruntlement taken wontonly on implication dogs and cats the worthlessness.

Tue, 05/06/2014 - 15:42 | 4733130 TeamDepends
TeamDepends's picture

Welcome to Kentucky Flied "Chicken"...

Tue, 05/06/2014 - 15:46 | 4733150 Zirpedge
Zirpedge's picture

"Unwanted" is a matter of perspective. Pigs are smarter than most people, yet you likely wouldn't object to an agricultural system that tortures them brutally prior to processing them for your consumption.

Ignoring evil is the same as supporting evil. -MLK

Tue, 05/06/2014 - 15:58 | 4733231 snodgrass
snodgrass's picture

Wasn't MLK the one who plagarized his doctoral thesis and many of his speeches? The one who stole money from the South. Christian Leadership Conference so he could buy hookers? Wasn't he the one who consorted with known Jewish communists? Wasn't he the one who liked beating proStitutes and apparently whose only reason for wanting civil rights was so he could fuck white prostitutes? That MLK?

Tue, 05/06/2014 - 16:05 | 4733277 pods
pods's picture

So I take it you are not going to refute the statement?

pods

Tue, 05/06/2014 - 16:40 | 4733441 Citxmech
Citxmech's picture

Going to be hard.  Ignoring evil is the same thing as supporting evil - regardless of who said it.

Tue, 05/06/2014 - 17:23 | 4733642 Matt
Matt's picture

You're right, we should be waging a War Against Evil, a perpetual conflict everywhere all the time against whatever we decide is evil. Just so we don't get accused of supporting it.

Tue, 05/06/2014 - 17:35 | 4733689 Zirpedge
Zirpedge's picture

Sarcasm is evil, are you being sarcastic? It would be uncool to be sarcastic and not wear your /sarc tag. (yes, I went there Holocaust "star of david" reference)

Tue, 05/06/2014 - 21:57 | 4734542 Dickweed Wang
Dickweed Wang's picture

Since when is sarcasm evil?  Are you on drugs dude or just plain ignorant?

Tue, 05/06/2014 - 16:49 | 4733494 Skip
Skip's picture

Outside Agitators—Why Is The US Funding Revolutions Overseas?
By Patrick J. Buchanan on June 6, 2013 at 10:03pm
Martin Luther King Jr. was wiretapped by J. Edgar Hoover at the direction of JFK and Attorney General Robert Kennedy because he refused to dump an adviser, Stanley Levison, who was a communist and thought to be a Soviet spy.

 

See also: http://www.martinlutherking.org/

Tue, 05/06/2014 - 17:33 | 4733674 Zirpedge
Zirpedge's picture

MLK was a true radical. His national memorials and holiday celebrate a whitewashed version. You (Snodgrass) seem to have been schooled in the stormfront version of which I am totally unfamiliar.

Tue, 05/06/2014 - 18:37 | 4733912 918pigpen
918pigpen's picture

What do you call a chinaman walking his dog?

 

VEGETARIAN

Tue, 05/06/2014 - 18:53 | 4733972 Blano
Blano's picture

Now about them Negroes.......

Wed, 05/07/2014 - 00:08 | 4734905 Hulk
Hulk's picture

Detroit will be renowned for its "Peking Dog" !!!

Tue, 05/06/2014 - 15:30 | 4733051 Seasmoke
Seasmoke's picture

Ebonics. Mandarin. What's the difference.

Tue, 05/06/2014 - 16:30 | 4733399 Winston Churchill
Winston Churchill's picture

You can write in Mandarin maybe.

Tue, 05/06/2014 - 16:56 | 4733521 LFMayor
LFMayor's picture

Jive Daddy don want no RIF
Jive Daddy don get no RIF

Tue, 05/06/2014 - 17:26 | 4733653 Matt
Matt's picture

I suspect it is more likely the Chinese will learn English. Most Chinese only know a few hundred characters out of tens of thousands, and there are hundreds of regional dialects. They already use Latin/Arabic numerals, and you need English to fly an airplane.

Tue, 05/06/2014 - 16:56 | 4733523 Uncle Remus
Uncle Remus's picture

No bank notes with Ebonics written on it - yet.

Tue, 05/06/2014 - 18:55 | 4733977 Blano
Blano's picture

Mandarin speakers probably don't play the knockout game.

Tue, 05/06/2014 - 15:30 | 4733052 SheepDog-One
SheepDog-One's picture

Just totaly pathetic....sadder is most americans would probably think this is just swell. I run into this frequently with my folks, whatever they're talking about and their opinion of it is just what the media told them to think about it.

Tue, 05/06/2014 - 15:30 | 4733053 i_call_you_my_base
i_call_you_my_base's picture

The Chinese sure do love ghost cities.

Tue, 05/06/2014 - 15:38 | 4733101 Hippocratic Oaf
Hippocratic Oaf's picture

Next up......Chicago, then NYC (wait, they already bought up NYC......)

Tue, 05/06/2014 - 15:59 | 4733239 Pure Evil
Pure Evil's picture

They bought Washington D.C. and all of our nuclear weapons secrets back during the Clinton years.

Tue, 05/06/2014 - 15:59 | 4733237 redwater
redwater's picture

Well Detroit sure is spooky.

 

*rimshot

Tue, 05/06/2014 - 15:30 | 4733054 nope-1004
nope-1004's picture

Detroit is emblematic of the entire nation:  Jobs going East, plants shutting down, minorities not working, gangs ruling the streets, infrastructure crumbling, and finances a mess.

Pull any city out of a hat and all of those pertain.

 

Tue, 05/06/2014 - 16:01 | 4733257 Pure Evil
Pure Evil's picture

Yeah, I wondering how the Red Devils plan on controlling all of Obama's Detroit son's?

Ya know, if he had had any like Travon Martin.

Tue, 05/06/2014 - 16:57 | 4733529 Uncle Remus
Uncle Remus's picture

Tanks - you're talking about tanks.

Tue, 05/06/2014 - 22:06 | 4734570 Dickweed Wang
Dickweed Wang's picture

Detroit is emblematic of the entire nation:  Jobs going East, plants shutting down, minorities not working, gangs ruling the streets, infrastructure crumbling, and finances a mess.

Pull any city out of a hat and all of those pertain.

Finally someone with a well thoughtout comment that doesn't bash Detroit because it's an easy target and due to the fact they get their info about the city from the same MSM that lies to everyone on everything else every day.  The rapid decay of the city really started with the NAFTA treaty and giving most favored nation status to China - which were nothing but treasonous actions IMHO.

Tue, 05/06/2014 - 15:31 | 4733058 saltedGold
saltedGold's picture

Those Chinese are in for a bit of "culture shock" when they come over to live in their newly purchased property.  I'll be anxious to see how this pans out.

Tue, 05/06/2014 - 15:32 | 4733069 LawsofPhysics
LawsofPhysics's picture

beat me to it.  Have they dealt with the ebonic plague before? 

Tue, 05/06/2014 - 15:32 | 4733070 bania
bania's picture

"So many brack peeper"

Tue, 05/06/2014 - 15:34 | 4733077 LFMayor
LFMayor's picture

yeah, get lucky big flucking supplies at the first block party!

Tue, 05/06/2014 - 15:36 | 4733090 McMolotov
McMolotov's picture

That was gord, bania, gord!

Tue, 05/06/2014 - 16:17 | 4733335 Excursionist
Excursionist's picture

I disagree about the Brack Peeper culture shock.

Thanks to inane MSM news focusing on things like tornados in Oklahoma and one missing plane in the Pacific, most Americans are blissfully unaware of the playbook the Chinese have been (successfully) following in Africa.

There are entire regions that are effectively under Chinese control, all without a single shot fired, so that supplies of raw material have unfettered access to Chinese factories back home.  Of course beachheads in the U.S. are for intellectual property rather than raw materials.

Cliff's Notes version of the playbook....  Step 1:  buy land.  Step 2:  altruistically donate to the community.  Step 3:  fund politicians sympathetic to your views.  Step 4:  legislate control. 

The real culture shock will come when a Detroit native rudely becomes acquainted with Chinese "best practices" in policing actions. 

Americans.  Are.  So.  Fuckin'.  Short-sighted.  And stupid.

Tue, 05/06/2014 - 18:15 | 4733847 Almost Solvent
Almost Solvent's picture

Caribbean too

Tue, 05/06/2014 - 20:13 | 4734190 tedthecanuck
tedthecanuck's picture

I think that there may be difficulties taking over Detroit.  If they can take over whole blighted areas, one strategy might be to clear absolutely everything off of that area (to eliminate any kind of squatting) and once there is sufficient political control, the police force could be reinforced to deal with criminal problems. 

 

I don't agree that Americans are short sighted or stupid, but there may certainly be individuals that are.  I think that the loss of productive individuals to the suburbs and the subsequent loss of tax revenue plus city management problems have contributed greatly to the decline of Detroit.  Even if city managers are fully aware of the potential effects of a chinese takeover, the managers may decide that a takeover is better than the current state of affairs.

It will be interesting to see if they can pull this off.  It's not like the chinese are infalliable.  A civilization that invented paper money should be concerned about ideas that seemed like a good idea at the time.

Tue, 05/06/2014 - 15:48 | 4733169 BooMushroom
BooMushroom's picture

But the Chinese won't bat an eye when they are called racist. They're Chinese, of course they're racist. They'll do what's best for themselves, and screw the local diversity.

Tue, 05/06/2014 - 18:56 | 4733981 Blano
Blano's picture

One thing's for sure, they better bring all that surplus copper with them.

Tue, 05/06/2014 - 15:32 | 4733066 Omegaman2211
Omegaman2211's picture

Oh no! Not the Chinese! They might, like, take away our freedoms, and stuff!

Tue, 05/06/2014 - 15:33 | 4733072 DoomJunkie
DoomJunkie's picture

I always wanted to work in a fireworks factory!

Tue, 05/06/2014 - 15:33 | 4733073 LFMayor
LFMayor's picture

Fuck it.  Why don't we fly in some of those Andamar Islanders while we're at it?  You know, those poor fuckers that don't even have fire unless lightening makes it for them.  They'll think it's a veritable paradise.

Tue, 05/06/2014 - 15:33 | 4733074 socalbeach
socalbeach's picture

Besides low prices, an advantage of Detroit is that it would be at the bottom of the list of nuclear targets.

Tue, 05/06/2014 - 16:34 | 4733414 Winston Churchill
Winston Churchill's picture

A nuke strike would be an improvement.

Tue, 05/06/2014 - 22:10 | 4734582 Dickweed Wang
Dickweed Wang's picture

You cur, are a complete asshole for that comment.  How about we let off some sarin gas where you live in Buttfuck, Texas.

Tue, 05/06/2014 - 15:50 | 4733075 Dorelei
Dorelei's picture

If they start accepting Renminbi at Wall-Mart and Macdonalds it will  be perfect !!

Tue, 05/06/2014 - 16:13 | 4733316 GOSPLAN HERO
GOSPLAN HERO's picture

China is colonizing North America.

Tue, 05/06/2014 - 16:25 | 4733372 Cathartes Aura
Cathartes Aura's picture

and who "colonised" it first?

this is just what humans do,

colonise--->breed--->colonise-->rinse, repeat.

oh, and let us not forget

tax 'n' profit.

Tue, 05/06/2014 - 15:34 | 4733076 fonzannoon
fonzannoon's picture

wait will we find out Jim Rogers was being interviewed in Detroit this whole time.

Tue, 05/06/2014 - 15:35 | 4733082 unplugged
unplugged's picture

Haha!  Just wait until the UAW and the IRS comes after them.  Not to mention the Detroit gangbangers.

Tue, 05/06/2014 - 15:39 | 4733112 Confused
Confused's picture

They will operate all cash business, live 15 in a house, and buy all the other real estate and rent it back to the people who lived there before they did. 

 

Don't act like this is a strange concept. Foreigners kill it in America. Its the Americans that haven't figured it out yet. 

Tue, 05/06/2014 - 15:46 | 4733154 unplugged
unplugged's picture

I grew up in metro LA, where you have every Asia-Town imagineable - ChinaTown, KoreaTown, VietnameseTown, etc.  Half of UCLA is Asian descent and/or Asian nationals.  Same old stuff to me.

Tue, 05/06/2014 - 17:54 | 4733764 Matt
Matt's picture

You think the local gangbangers will be dominant over the triads?

What is the UAW going to do? the workers in the factories have to vote to unionize, and I have doubts a Chinese factory will do that, especially since they can see the effects around them.

As for the IRS, I'm sure the Chinese have many ways around traceable income. Plus, if they haven't already, they will have their own lobbyists and PACs.

Tue, 05/06/2014 - 15:35 | 4733086 LasVegasDave
LasVegasDave's picture

I would recommend the import of 5 million Norinco AK47s and 100 million rounds of ammo.

Hand them out to the occupants along with their EBT cards and section 8 vouchers and in two years the city will be safe for civilization again.

Tue, 05/06/2014 - 16:04 | 4733272 Pure Evil
Pure Evil's picture

Safe for whom?

The African natives or the invading asian hordes?

Tue, 05/06/2014 - 17:41 | 4733705 Edward1290
Edward1290's picture

shouldn't you be cleaning Shel's toilets?

Tue, 05/06/2014 - 15:35 | 4733088 xamax
xamax's picture

We think this is a good deal, also for the stock market. As a reminder,we see the S&P500 at 2400 by year end. On a stock basis, we recommend AAPL with a price target of 2000 by 2019 and NFLX touching 1800 by 2016.

Tue, 05/06/2014 - 15:36 | 4733094 Infinite QE
Infinite QE's picture

Well, they'll have Chinese police on the streets in Paris this summer. How long until NYC, LA, Chicago?

 

https://au.news.yahoo.com/world/a/23284932/chinese-police-to-help-patrol...

Tue, 05/06/2014 - 15:39 | 4733108 STG5IVE
STG5IVE's picture

Detloit

Tue, 05/06/2014 - 15:59 | 4733241 Joe A
Joe A's picture

Dammit, you beat me to it.

Tue, 05/06/2014 - 22:13 | 4734591 Dickweed Wang
Dickweed Wang's picture

Detloit

Ha, Ha, Ha, Ha - very original dickhead.

Tue, 05/06/2014 - 15:39 | 4733110 Cacete de Ouro
Cacete de Ouro's picture

Detroit, that would be a good career move for Ray Ling, the Chinese fence

Tue, 05/06/2014 - 15:41 | 4733119 prudent1nvestor
prudent1nvestor's picture

I'm sure the chinese will be welcomed with open arms by the gangs that run detroit.

Tue, 05/06/2014 - 15:44 | 4733145 Joebloinvestor
Joebloinvestor's picture

Will be better when the Chinese gangs take over city hall.

Tue, 05/06/2014 - 16:56 | 4733525 Bemused Observer
Bemused Observer's picture

Do you think those gangs will be tolerated? No. And that's the thing, now, in order to please their new Chinese 'investors', Michigan WILL start spending all that money they claimed they didn't have when there were just poor Americans living there. I hope the taxpayers who felt so smug about 'cutting the deadbeats off' remember that when their taxes go up anyway, to make things 'nice' for a bunch of foreigners.

Tue, 05/06/2014 - 17:22 | 4733618 Hongcha
Hongcha's picture

The Heiren will very soon learn what organization and management is, when the Triads take hold.  They will be pwned.  The Chinese hold them beneath contempt, little better than animals.

Tue, 05/06/2014 - 15:42 | 4733128 Zirpedge
Zirpedge's picture

Detroit is an exciting opportunity. The architectural developments of the post industrial age will be forged in the crucible of what "zerohedge neophytes" consider a "burned out hellscape". No Detroit is exciting and the process of transforming a dense urban landscape into a sustainable agricultural and technological hubzone is underway. Get in on the ground floor while you can still buy a home in Detroit for under $100K, I made a smoking deal to buy my Detroit home for $1.00 with the caveat that I pay taxes at the preexisting value, this is a smoking deal and if you can get one, it's a screaming buy.  

Tue, 05/06/2014 - 16:38 | 4733429 hot sauce technician
hot sauce technician's picture

You almost had me there.

Tue, 05/06/2014 - 17:00 | 4733542 Zirpedge
Zirpedge's picture

http://www.zillow.com/homedetails/3077-Tillman-St-Detroit-MI-48216/88112...

 

Still available, 3077 Tillman street is a 2bd/1ba fixer priced at $1, that a 100% savings!

 

Freeway adjacent and just north of "Mexicantown", do you like mexican food?

 

 

Tue, 05/06/2014 - 18:00 | 4733790 Matt
Matt's picture

How much in backtaxes? $10K? $25K? 

Tue, 05/06/2014 - 18:06 | 4733812 Matt
Matt's picture

Holy hell, am I reading this right? $1500 taxes on a property assesed at a value of $6500?

25% property tax?!

Or is there a minimum $1000 property tax, and then a percentage on top? Otherwise, holy hell, no one could afford to own any property there.

Tue, 05/06/2014 - 19:02 | 4734000 Blano
Blano's picture

AK-47's not included, but you're gonna need one there.

Tue, 05/06/2014 - 19:00 | 4733998 Blano
Blano's picture

MDB has a twin!!!!

Tue, 05/06/2014 - 22:26 | 4734602 Dickweed Wang
Dickweed Wang's picture

Detroit is an exciting opportunity. The architectural developments of the post industrial age will be forged in the crucible of what "zerohedge neophytes" consider a "burned out hellscape". . . . . . .

The ratio of the number of up to down arrows to your post reflects the readers'/posters general ignorance pertaining to the issues you raise.  Urban agribusiness has already started in some of the previously "burned out" areas of the city and there is a concerted effort on the part of small/medium sized business to diversify into new technologies not related to the auto industry such as alternative energy related manufacturing.

Wed, 05/07/2014 - 09:52 | 4735630 Zirpedge
Zirpedge's picture

Indeed Seoul brother, an interesting 9 down to 5 up ratio at this time. ZH readerhsip does skew a bit bucktooth racist / ignorant. What thay fail to see is that my modest proposal for urban agribusiness is aligned with their stated goals of self-sufficiency. THough no doubt the 9 down votes eat fast frozen and homogenized slop that it deprived of any real nutrient value. My Detroit is an aquculture mecca with neighborhood catfish fries and fresh greens every night. Won't you be my neighbor?

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