daytrading june 17 afternoon, page-49

This is from 2010 article but I assume things only got worse.


$2 trillion 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

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