Chicago requires all city employees to live within the city limits. If this rule were lifted, it would go down even faster.

Yes, it seems very likely Chicago will be next. I grew up in Detroit, from 1950-1976. In 1973, 3 years after I started studying Rand and Mises, I predicted the bankruptcy (then got outta Dodge). Economics being a science, but not a predictive science in an exact sense, I only said: it may take years, but it will happen.

I don't see how Chicago, and then others under long-term Democratic rule, can avoid the same fate.