Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Brown Cafe Community Center
Current Events
Illinois to go bankrupt?
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="vantexan" data-source="post: 2912041" data-attributes="member: 24302"><p>The graft is a problem but ultimately it's spending more than you take in. Taking on more debt to meet spending leads eventually to difficulty servicing the debt. Which leads to downgrading of credit rating, which leads to higher interest to borrow more. Which eventually leads to what Illinois is up against. What Puerto Rico is facing.</p></blockquote><p></p>
[QUOTE="vantexan, post: 2912041, member: 24302"] The graft is a problem but ultimately it's spending more than you take in. Taking on more debt to meet spending leads eventually to difficulty servicing the debt. Which leads to downgrading of credit rating, which leads to higher interest to borrow more. Which eventually leads to what Illinois is up against. What Puerto Rico is facing. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Brown Cafe Community Center
Current Events
Illinois to go bankrupt?
Top