Another Detroit? - Chicago's Pensions Problems Raising Alarms - Bailout For Detroit?
Chicago, Detroit, Los Angeles, Newark, all appear to have a Minority Majority Problem.
3rd world immigration = higher crime rates.
Higher crime rates = Middle Class flight.
White flight = less people to tax.
Less people to tax = higher taxes.
Higher taxes = more Middle Class flight.
More Middle Class flight = financial collapse.
You can’t have a first world Nation with a 3rd world Population.
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Tuesday, August 6, 2013
Chicago The next Detroit? - Chicago's Pensions Problems Raising Alarms - Bailout For Detroit?
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