Much of the routine trade and investment between China and America is entirely appropriate and in America’s interest. But inserting the Chinese Communist Party into America’s pay-to-play system and its economic development strategy isn’t just crossing a line. It’s a leap into an abyss of stupidity.
This woman knows money. Knows finances, bonds, knows the politicians’ financial manipulations and public disinformation. Every one of her articles is a primer on misleading the voters about finances.
Chicago is currently running a budget deficit. Kind of hard to make large, lump sum, cash payments to retirees when you don’t have the cash on hand.
Chicago needs to get authorization for bankruptcy, they will have to just stop paying and hopefully a bankruptcy would at least give this a bit of proper direction.