Tuesday, September 19, 2017

Code Name Insight: What's the Fiscal State of Your State?

Code Name Insight: What's the Fiscal State of Your State?: "What's the Fiscal State of Your State? If you live in one of several states--I'm looking at you Connecticut, Pennsylvania, Illinois, and these others--and you rely on the state in any way (for your income, pension, medical care services, payments to your business, etc), well, things aren't looking so good.  These states are on the brink of bankruptcy (kind of, states can't actually file for bankruptcy but that doesn't mean they are financially solvent...they are basically out of money and in the hole so far no one in their right mind would loan them money/buy their bonds)."


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