Mish's Global Economic Trend Analysis: Avalanche of City Debt.
MishTalk
JULY 19, 2013
What Has Government Done to Our Money? Just What I Said. You Walk Away Blog. Moodys Investors Service says its making the move because of "formidable legal and political barriers to pension reform" in the state. LA : Mayor of Los Angeles Says "Bankruptcy is Not an Option" (Of Course It Is). The Dollar Meltdown.
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