In real life, to most southeast Michiganders, "Detroit" is a much larger area encompassing dozens of neighboring suburbs. That Detroit continued growing into the late '90s. The effects of the economic downturn were visible there long before the big 2008 crash (mostly in housing prices and boarded-up storefronts on suburban main streets), but its overall population decline has been much less dramatic than 25% in 10 years.
The "dying" talk is overblown. Cities ebb and flow. Manhattan in the 1970's, anyone? This is a very low ebb for the Detroit area, but it'll come back. All the way? Probably not -- being the central hub of a world industry was a bit of a historical fluke. But there's a foundation of engineers, designers, and other educated white-collar types -- along with the vestiges of a blue-collar middle class -- to build upon.
When I moved to Los Angeles ten years ago, the Hollywood area was a wasteland. So was downtown. Old Town Pasadena was gang territory. Echo Park is where you went to get shot. Now all of those areas -- and many dozens more -- are bustling and in various stages of gentrification.