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.
Chicago has just hit bedrock, they just can’t dig any deeper into debt.
Bankruptcy WILL come to Chicago, the next candidate if it hasn’t happened will need to run under the Bankruptcy Now motto!
you clearly have no idea how public finance works
I disagree. I think they can and will go deeper. Let’s see who is right.
With all that’s going on in the financial world, war, oil, private credit, commercial real estate collapse, we just might be seeing the beginning of the washout of all washouts. Remember, Bear Sterns collapsed in the spring of 08′, we know how things went from there. It really appears that a Whistling Past the Graveyard scenario is building. Society can’t hopelessly indebt itself into prosperity.
I agree.
The washout started in Chicago LONG before ago.
Subsidizing trash 300 MILLION with 3 UNION members on a truck while every other garbage truck in the state with 1.
Democrats have destroyed this state largely starting with Madigan in the early 70’s.