Sunday, 2 August 2020

The next big financial crisis: State budgets

Boston Real Estate Search Steve Kroft of 60 Minutes reports on the precarious financial conditions many states are facing. A wave of defaults by state and local governments in the coming months will spark a selloff in the municipal bond market, hurting US economic growth and stocks and causing social unrest as governments are forced […]

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source https://www.bostonreb.com/37473/#utm_source=rss&utm_medium=rss&utm_campaign=37473

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