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iblazetreez: Qemergentfutures: San Bernardino Is The Third California City To Go Bankrupt In Two Weeks  As recently as last month, no city in California had opted for bankruptcy since 2008, and no U.S. city of more than 200,000 people had ever chosen bankruptcy. The past two weeks have changed all that, in a big way, as the fiscal struggles faced by so many American cities became too much for some to bear. Full Story: Business Insider

iblazetreez:

Q

emergentfutures:

San Bernardino Is The Third California City To Go Bankrupt In Two Weeks
 

As recently as last month, no city in California had opted for bankruptcy since 2008, and no U.S. city of more than 200,000 people had ever chosen bankruptcy.

The past two weeks have changed all that, in a big way, as the fiscal struggles faced by so many American cities became too much for some to bear.


Full Story: Business Insider

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