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Reply #39: $2 Trillion Debt Crisis Threatens to Bring Down 100 US Cities [View All]

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defendandprotect

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Mon Dec-20-10 04:00 PM
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39. $2 Trillion Debt Crisis Threatens to Bring Down 100 US Cities

Published on Monday, December 20, 2010 by The Guardian/UK
$2tn Debt Crisis Threatens to Bring Down 100 US Cities
Overdrawn American cities could face financial collapse in 2011, defaulting on hundreds of billions of dollars of borrowings and derailing the US economic recovery. Nor are European cities safe – Florence, Barcelona, Madrid, Venice: all are in trouble
by Elena Moya

http://www.guardian.co.uk/business/2010/dec/20/debt-crisis-threatens-us-cities

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