Thread: Evergrande?
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Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
Quote:
Originally Posted by berettafan View Post
If only it were just the Fed balance sheet we had to worry about! Counties and municipalities all over the country operate on budgets that do not account for failing infrastructure like sewer systems, treatment plants, roads, etc.
True the State and Local debt is outa control..and the infrastructure is ahh looking like the 3rd world

I use the Real Debt Clock numbers where all debts are totaled plus the Acct Payable liability. It comes to a negative 84T...that is a big nut..to have to drag around.

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Old 09-23-2021, 06:02 PM
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