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Martin Armstrong : ニューヨーク市も深刻な財政破綻に突き進んでいる。

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New York City Heading for Bankruptcy


The entire crisis for New York City is indicative of the way big cities are all on the verge of economic collapse. In the case of New York City, their long-term debt is now more than $81,100 per household and the interest will keep exploding because, like all governments, they borrow with no intention of paying the debt off. Mayor de Blasio has increased spending by as much as $3 billion in the new budget over last year which was $89.2 billion.


...

The city’s long-term pension obligations have exploded and he has increased the city’s workforce by more than 33,000 people, with even more unfunded pensions in the last five years.

We are adding New York City to the list of expected economic disasters.

ref: https://www.armstrongeconomics.com/world-news/sovereign-debt-crisis/new-york-city-heading-for-bankruptcy/


(2019-03-22)
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