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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: longnshort who wrote (1215322)3/31/2020 2:11:21 PM
From: Tenchusatsu  Respond to of 1577905
 
Longnshort, I didn't read the full article, but I did read enough to find these tidbits ...

Locally, however, this may be the best time for an economic calamity. The city’s reserves were at all-time highs. “We are,” says one city official, “sitting on a ton of cash.”
...
Those reserves, however, will be depleted sooner rather than later. The controller’s office, we’re told, is diligently monitoring the burn rate for the city, and it has easily passed into conflagration territory.

Imagine that! Socialism works until you run out of other people's money to spend.

Tenchusatsu