Matt Taibbi of Rolling Stone visits Camden, N.J., and christens it "Apocalypse, New Jersey...America's Most Desperate Town."

While significantly smaller than Detroit -- 77,000 population -- Camden contains many of the same ingredients that have driven Detroit into bankruptcy: Job loss, population flight, crime, police cutbacks and diminishing state subsidies.

But Camden, according to Taibbi, has few or none of Detroit's redeeming characteristics.

He writes:

In Camden, chaos is already here. In September, its last supermarket closed, and the city has been declared a "food desert" by the USDA. The place is literally dying, its population having plummeted from above 120,000 in the Fifties to less than 80,000 today. Thirty percent of the remaining population is under 18, an astonishing number that's 10 to 15 percent higher than any other "very challenged" city, to use the police euphemism. Their home is a city with thousands of abandoned houses but no money to demolish them, leaving whole blocks full of Ninth Ward-style wreckage to gather waste and rats.

It's a major metropolitan area run by armed teenagers with no access to jobs or healthy food, and not long ago, while the rest of America was ranting about debt ceilings and Obamacares, Camden quietly got pushed off the map. That was three years ago, when new governor and presumptive future presidential candidate Chris Christie abruptly cut back on the state subsidies that kept Camden on life support. The move left the city almost completely ungoverned – a graphic preview of what might lie ahead for communities that don't generate enough of their own tax revenue to keep their lights on. Over three years, fires raged, violent crime spiked and the murder rate soared so high that on a per-capita basis, it "put us somewhere between Honduras and Somalia," says Police Chief J. Scott Thomson.

Camden, a city that even before any potential curtailing of state subsidies made Detroit or East St. Louis seem like Martha's Vineyard, was about to see its police force, one of its biggest expenditures, chopped nearly in half.

Read more: Rolling Stone