Municipal Bond Market Crash 2011: Are Dozens Of State And Local Governments About To Default On Their Debts?
In the United States, it is not just the federal government that has a horrific debt problem. Today, state and local governments across America are collectively deeper in debt than they ever have been before. In fact, state and local government debt is now sitting at an all-time high of 22 percent of U.S. GDP. … Read more