Another one bites the dust? Part 1, Digging the hole
By: David A. Smith Sovereign bankruptcy is breaking out all over, affecting the Eurozone (Greece, with Spain to follow), nations (Dubai, maybe backed by Abu Dhabi), states (California), and cities...
View ArticleAnother one bites the dust? Part 2, How deep a hole?
[Continued from yesterday’s Part 1.] By: David A. Smith Yesterday we scratched the surface of Harrisburg, Pennsylvania‘s financial troubles, as presented in The Fiscal Times – whereupon I got...
View ArticleAnother one bites the dust? Part 3, When you’re in a hole, stop digging
[Continued from April 1st Part 2 and the previous Part 1.] By: David A. Smith The more I dug into the Fiscal Times-inspired story of Harrisburg‘s spectacular insolvency, the more grimly fascinating...
View ArticleAnother one bites the dust? Part 4, Climbing out of the hole
[Continued from yesterday’s Part 3 and the previous Part 1 and Part 2.] By: David A. Smith By now, it’s clear that the Fiscal Times‘s story of Harrisburg‘s bond problems is only the beginning of...
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