More News
- Page Two
- News Links
Anarchives
Radio/TV
- Declare Your Independence with Ernest Hancock
Letters To Editor
- List of Letters
- Write a Letter
Join Us
Marketplace
- Buy Stuff - Sell Stuff
- Store on CafePress.com
Special Editions
RSS Feeds
About Us
Log-In

Make a Comment • Email Link • Send Letter to Editor

IPFS News Link • Business/ Commerce

Why Detroit’s Bankruptcy Should Concern You

07-22-2013 • http://www.investmentcontrarians.com/

Well, it’s official—as of last Thursday, the city of Detroit is bankrupt. Detroit is a sad example of a city that was continually running a large budget deficit. But it grew into such a huge amount of government debt that the only way out was to file for bankruptcy and give investors pennies on the dollar. Read More: http://www.investmentcontrarians.com/debt-crisis/why-detroits-bankruptcy-should-concern-you/2612/

Read Full Story

Reported By Alex Oscar

Make a Comment • Email Link • Send Letter to Editor