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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: NOW who wrote (110345)4/6/2010 1:54:55 PM
From: mishedlo4 Recommendations  Read Replies (2) of 116555
 
Detroit Bankruptcy Looms with Deficit of $446 Million in Budget of $1.6 Billion
globaleconomicanalysis.blogspot.com

Detroit has hit the end of the line. It's budget deficit deficit is between $446 million and $466 million (28% to 29%) of $1.6 billion with few ways other than drastic cuts in wages and benefits to address the problem. ...

Mish
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