Saturday, July 20, 2013

Avalanche of City Debt Downgrades and Eventual Bankruptcies Coming Up; Numerous Cities Bankrupt Over Pension Promises

This is depressing news on bankrupt municipalities, but it's reality.  Just like Detroit's bankruptcy, it is also inevitable.

 http://globaleconomicanalysis.blogspot.com/2013/07/moodys-downgrades-chicago-debt-citing.html
Posted by Gaucho Greg at July 20, 2013
Labels: , , , ,

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)