Wednesday, January 20, 2021

How American Bankrupted its Cities - The Growth Ponzi Scheme

 This is the 3rd video in the Strong Towns series, and is probably the most important core topic: the fact that American car-dependant cities are financially insolvent, and function like a Ponzi scheme. This is the reason most American cities are bankrupt.


lastgreek said...

"This is the reason most American cities are bankrupt."

...and dangerous -- e.g.: Flint

Ted Cruz is at the scene of the crime (the inauguration). Not sure if his "ugly" wife is accompanying him.

Peter Pan said...

Down with these suburban moochers!