Why U.S. Cities Are Going Broke
Spending cuts are abound in many U.S. cities as inflation lingers and pandemic-era stimulus dries up. At least 53 major cities have debt obligations that outstrip their assets, according to an estimate from Truth in Accounting. The group estimates higher debt burdens than many public officials report, due to allegedly underreported retiree benefits. The rising public debt may potentially leave future generations on the hook for financial decisions made by today's leaders.
Correction (4/25/24): At 7:45 a previous version of this video incorrectly named the Mayor of Chicago. His name is Brandon Johnson.
Chapters:
0:00-01:01 Cold Open
01:10-04:45 Chapter 1: Spending
04:45-06:53 Chapter 2: Management
06:53-08:39 Chapter 3: Credit ratings
08:39-10:46 Chapter 4: Federal help
Produced and Edited by: Carlos Waters
Animation: Christina Locopo, Jason Reginato
Supervising Producer: Lindsey Jacobson
Additional Footage: Getty Images
» Subscribe to CNBC: cnb.cx/SubscribeCNBC
» Subscribe to CNBC TV: cnb.cx/SubscribeCNBCtelevision
About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Want to make extra money outside of your day job? Take CNBC’s new online course How to Earn Passive Income Online to learn about common passive income streams. Register today: cnb.cx/3Iwblnk
Connect with CNBC News Online
Get the latest news: www.cnbc.com/
Follow CNBC on LinkedIn: cnb.cx/LinkedInCNBC
Follow CNBC News on Instagram: cnb.cx/InstagramCNBC
Follow CNBC News on Facebook: cnb.cx/LikeCNBC
Follow CNBC on Threads: cnb.cx/threads
Follow CNBC News on X: cnb.cx/FollowCNBC
#CNBC
Why U.S. Cities Are Going Broke
They don’t have a cash flow problem. They have a spending problem.
They have a government salaries & benefits problem. They have a federal income taxes problem.
They also have a hyper inflation problem.
@@elonever.2.071 Inflation is built into the system, unfortunately. It’s what people want, also unfortunately.
Corporations control politics
@@franknuzzo2576 Inflation only benefits the wealthy, whose assets increase faster than the rate of inflation. The middle class doesn't want inflation and the poor get crushed by inflation.
The average person has never been so poor. Millions of families are struggling financially as living expenses hit the highest levels in more than four decades. Over 60% of our country lives paycheck to paycheck and about 40% earns poverty wages. Even after working all their lives, more than a quarter of older people have no savings and many believe they will never be able to retire in dignity, while around 55% of elderly people try to survive on an income of less than 25,000 a year.
Biden is worst thing that happened to us
TRUMP 2024
Having an FA is the best way to go. Based on a direct encounter with a CFP named Julia Hope Marble I can say with certainty that their skills are excellent. She helped raise over 580,000 in 18 months from an initially stagnant portfolio of 150,000
Having an FA is the best way to go. Based on a direct encounter with a CFP named Julia Hope Marble I can say with certainty that their skills are excellent. She helped raise over 580,000 in 18 months from an initially stagnant portfolio of 150,000
It’s a delicate economical season, so you can do nothing or little on your own. Hence, I will suggest you get yourself a financial advisor that can provide you with valuable financial information and assistance.
The city may be broke but the ones who are in charge of it sure aren’t. Wonder why that is? 🤔
Bingo
They should be fined for every year they run a deficit. They can work for nothing until they prove themselves.
Yes, yes. Quite curious indeed.
Because theyre greedy democrats?
Exactly why they released this nonsense “explanation”
Don't fret, the debt ceiling always goes up. I wonder if 2008 crisis survivors had it easier. I'm concerned about the stock market, I've lost $35,000 this month, and my income is down. Worried I won't save enough for retirement as I can't add to my savings.
Save at least 20% in your 401(k). Use online calculators to determine your ideal contribution based on age and income. This strategy ensures a comfortable retirement and capitalise on compound interest for growth.
I think having an investment advisor is the way to go. I've been with one because I lack the expertise for the market. I made over $490K during the recent dip, highlighting that there's more to the market than we average folks know.
What steps can I take to engage in this opportunity? I genuinely aim to secure my financial future and am enthusiastic about taking part.
Monica Shawn Marti is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
Thank you so much for your helpful tip! I was able to verify the person and book a call session with her. She seems very proficient and I'm really grateful for your guidance
ONE WORD: CORRUPTION
The writing is on the wall 🧱
Single-party Democrat cities have a revolving door of dirty politicians who select companies owned by friends and family to manage all of their city services for like the homeless, streets, garbage etc. San Francisco sidewalk cleaners (who just pressure wash the sidewalks) earn over $100,000 per year! Just to spray sidewalks! This is why they will never fix homelessness - because they make too much money from it.
Sending money to other countries doesn’t help.
true or soros deep state agenda
I think New York City treats corruption the way drug dealers treat seizure of shipments retailers treat theft and suppliers treat damage. It's built into their "business" model. Drug dealers assume 10% of what they ship will get seized. Retailers assume 10% of what they have in stock will be stolen. Companies assume 10% of product gets lost due to damage or other means. It's built into the price of everything. I don't know what New York City takes corruption to account as a percentage, but let's say it's 10%. That is a huge amount of money and probably acceptable. I'm not saying it's acceptable to the average citizen or me or you but in the grand scheme of things it's acceptable. You also have to assume that at least 10% of police officers are on the take. Don't get me wrong I like the police but you just have to accept reality.
Yet we had 95 billion to give Taiwan, Israel, and Ukraine...
Yes, and about 85% of all foreign aid is embezzled by the recipient countries, who are required to kick back part of the money to US officials. Foreign aid has always been a real gravy train for top US government officials.
That money goes to U.S. contractors and the U.S. Military industrials complex not what that sounds like
@@geraldarnoultso it’s even worse than just giving them money, like significantly worse
And thats just one pay package. Theres been many before it and many will come after
@@HiDefHDMusic lol exactly
“America will never be destroyed from the outside. If we falter and lose our freedoms, it will be because we destroyed ourselves.” - Abraham Lincoln, First Republican President
thats exactly what that Russian defector said back in the 70's or 80's theres a vid of him giving you step by step instructions... and well it's happened.
Theye try to provoke a nuclear war with Russia and pushing an economic war with China, while the USA depend on China that is irreversible. Instead of cooperating and use the 1.4 billion people market to make the USA even richer..the USA politicians want to dominate.
Thats why CAPITOLIST SOLD OUT TO CCP
@@user-ko5ng3lm1z yuri bezmenov i think you are talking about? not sure just a guess
Wrong about 1st republican president. UpTo 1860 the 2 parties were wigs and republicans. But since no one would vote wig, they changed there name to republican to get votes. So the real republican party changed there name to democratic party. Look it up! Not that Abe was democratic at all.
Opinions diverge; some claim overvaluation due to rapid gains, while others cite strong economic fundamentals justifying high valuations. Raises concern for my $600K equities going 8% up and 20% down. Should i hold on or sell off my positions and hold cash?.
It may be a good idea to speak with a financial advisor who can help you develop a portfolio based on your individual goals and risk tolerance.
It may be a good idea to speak with a financial advisor who can help you develop a portfolio based on your individual goals and risk tolerance.
@@hullbruce I do agree, Investing has gotten difficult especially after pandemic, hence why I decided to use the expertise of an advisor, my spouse kicked against the idea initially, but oh well guess who's best buddies with our advisor now hehehe.
@@DanielPanuzi Hello thanks for replying, I'm curious to give this a try. Please who is your advisor and how do I get in touch?
@@Angelavaldess Alicia Estela Cabouli is the licensed advisor I use. Just search the name. You’d find necessary details on the web to set up an appointment.
Look who’s running those cities.
That's a decades problem for all of those places..
Let me guess. The political party that supported slavery?
it doesnt matter who runs it with to many citizens are poor so tax revenues are low. THINK
Yup, and all with D’s in front of their names.. it’s so sad to see
"Cities."
Politicians definitely are not broke
total corruption politicians are not for us on either side, it`s about show me the money
They are breaking us!
95 billion to another country vs being spent in America
For 5 bln we could've had a southern wall that would've at least been a start to controlling immigration but remember that cost too much. 🙄
@@rector0455I’d rather have immigrants than you, why would I fund a wall?
@@HiDefHDMusic because now you're paying to house and feed strangers indefinitely
@@AnkitBhatiaat yeah I do that anyway for rich people and that hasn’t done anyone any good ever
@@HiDefHDMusic I'd rather you have received a functional command of the English language in school, unfortunately, that's not what happened. To answer your question though, you should support the wall because curbing illegal immigration will increase demand for American labor, which means an organic rise in wages for American workers rather than these idiotic, inflation-exacerbating minimum wage hikes every few years, it would further inhibit the flow of illegal drugs and human trafficking, as well as have a positive effect reducing the levels of crime on our streets, mitigate the housing shortage and benefit national security. The better question is, why the hell wouldn't you support it unless you want more inflation, more crime, more illegal drugs, further depressed wages etc.? I can only think of two explanations... Either you hate this country and want to see it destroyed, or you've been programmed via the idiot box by people with those goals and lack the capacity to dispel these insidious notions on your own.
That's why taxes need to be spent more wisely. Unfortunately policy makers don't understand that.
It's not policy makers, we reward spending with votes.
Neither are true. Taxes are not what is running this country anymore. It's debt. Votes aren't rewards. Your vote is meaningless when someone can buy the politician. Edit: Read, "Inequality and Democratic Responsiveness: Who Gets What They Want from Government?" by Martin Gilens.
@@neon75105 oh yea you big smart declaring "votes don't matter".
@@AL-lh2ht Here, read the following: www.princeton.edu/~mgilens/idr.pdf
It’s not their money 🤷♀️
It's all debt. Anyone saying taxes are too high doesn't realize debt is already supporting their lifestyle more than they can imagine. Roads, water, sewer, basic infrastructure, is built, then needs maintenance, then needs replacing. It's funded by debt.
This can go on indefinitely as long as the US manages to remain the global reserve currency.
@@N0Xa880iULI had a stroke trying to read that
@@communismisthefuture6503 why
@@N0Xa880iUL it doesn’t make sense in English
@@communismisthefuture6503 Okay. What would be the correct sentence?
New York acts like a kid with a 450 credit score trying to get approved for a Dodge Hellcat 😂
Precisely 💯💯💯
....act like a college kids who want the "college experience" at expensive universities and go into debt for it. Maybe Biden will do the loan forgiveness with NY.
lol what are you talking about NYC has an AA credit rating
@@thezenarcher😂
plus they know as long as the cities keep voting democrat they'll get bailed out by the federal government.
nobody can afford stuff anymore. Everything 30% more expensive, but nobody got a 30% raise.
NY is full of billionaires and property prices skyrocketing, but politicians don't know how to fix the debt 😂
The billionaires will simply just leave if you tax them into oblivion. Slowly raising them for higher income is the way. They SHOULD be rising though
Why should they fix the debt? People vote for it.
@@racingbeats1493 No they wont. New york is where all the money is, and New York already had high taxes and it still has the most Billionaires.
@@holmbergaudio As if we have too many public services.. clown
@@philipdillon83when the city is malfunctioning, crime ridden, dirty, dangerous and expensive will their employees still want to live and work in NY? How's that working out for San Francisco?
Most cities take on debt with the assumption that growth will continue as it did in previous years. Boy were they wrong
Yeah especially when they putting the money in their pockets and not actually into the city
Also doesn’t help when the police make up 40% of the budget in some cities Im sorry but police don’t need armored vehicle and grenade launchers
To me the problem seems to be treating cities like they're states or countries when they aren't. That matters because for the past 80 years and for the foreseeable future the US has grown and will continue to grow and growth is the default - there have only been a couple of years of recessions since WW2 where GDP fell year over year. But cities are significantly smaller units with significantly different outlook and growth is not necessarily the default assumption for them. During the Cold War when the US was booming and experiencing unprecedented growth a lot of cities were struggling or going broke because people were leaving them and going to suburbs or to some other city in the Sun Belt.
@Dendarang the fact that you said "growth is the default" is the exact problem that is happening now. The people in charge had this mindset that growth was always going to happen and never considered that population growth would start stagnating or even declining. We are starting to drop in population and with it go demand for goods and services, less jobs from less demand, less revenue, etc.
Cities have to pay road maintenance themselves without federal help, big expense.
Because we keep fighting wars and funding other countries while neglecting ours….
Politicians are even wearing Ukraine flag pins. Brazen.
Your city taxes aren’t funding the military. What’s happening is these cities have become unaffordable to the working class, so they either leave, or become what is known as “homeless.” That’s why some states have decided that cars should be included as part of your annual property tax. You’re working full time, but can only afford to live in your car, so tax the car.
Preach exactly 👍
Bingo.
Exactly and not even checking your own backyard: China owns 80% of the farmland in USA
I've been making a lot of losses trying to make a profitable trade. I thought trading on a demo account is just like trading the real market. Can anyone help me out or at least advice me on what to do?.
I will advice you stop trading on your own if you keep losing, if you can, then get a professional to trade for you, I think that way your assets are more secured.
Thank you Lord Jesus for the gift of life and blessings to me and my family $14, 120.47 weekly profit Our lord Jesus have lifted up my Life!!! A. V
I'm favoured financially, Thank you Jesus $32,000 weekly profit regardless of how bad it gets on the economy.
How ..? Am a newbie in crypto investment, please can you guide me through on how you made profit?
Thanks to Mrs Deborah Davis.
We have never had so many Politicians who don't work for the people but work for the sponsors who put them in office
Irresponsible governance, excessive pensions, waste, fraud, poor planning, the list goes on.
And illegals, nobody wants to tell the truth.
I jus posted the exact same thing
I feel like we are going into a Great Depression not even a Great Recession anymore
You are definitely not far off. People keep underestimating how bad off we are doing. The Fed isn’t even going to cut interest rates until March of next year now, Russia just pulled out Billions out of JPMorgan. Banks are falling, and will continue to fall. This government has had the wrong idea. Thinking they can tax us to death, print money endlessly, and they’ll be fine. It’s like living beyond your means without planning for maintenance needs, insurance needs, it’s all tumbling down. A lot of people will suffer, but honestly, it needs to happen, especially to the elite and big banks. They need a reality check.
That is what a lot of experts are saying. I hope they are wrong.
Tell that to illegal immigrants who are eating 3x a day with free medicare.
@@elonever.2.071 We're 5 years away from the Great Depression's 100th anniversary so they just might. Yes. There are countermeasures and safeguards that were created from the Great Depression's aftermath, but it doesn't mean they'll fully stop the next economic crisis on a depression level.
@@darkmagician2521 some of those safeguards were removed during the clinton and reagan administrations, which has caused a lot of the economic hardships we have had today. reaganomics has had a detrimental impact on the middle classes ability to survive a great depression, the middle class themselves has been shrinking drastically since the 1980s, the way we build homes also has a impact. on top of this, Clinton removed safeguards prohibiting banks from issuing mortgages to subprime borrowers, which is what basically caused the 08 housing market crash that almost lead to a even worse outcome than the great depression: a total economic shutdown.
The problem is the system: A mayor with 4 year mayoralty can spend financed with debt to be payed in 10 years. They spent to buy votes and leave before they have to pay the bill. Leaving the problem to the next. The problem accumulates until it is unsustainable.
That's what Biden's been doing.
Hallelujah!!!! The daily jesus devotional has been a huge part of my transformation, God is good 🙌🏻🙌🏻🙌🏻🙌🏻🙌🏻was owning a loan of $47,000 to the bank for my son's brain surgery (David), Now I'm no longer in debt after I invested $8,000 and got my payout of m $270,500 every months,God bless Chloe Linda Henderson 🇺🇸🇺🇸🇺🇸..
Hello how do you make such monthly ?? I'm a born Christian and sometimes I feel so down 🤦 of myself because of low finance but I still believe in God.
Thanks to my co-worker (Alex) who suggested Ms Chloe Linda Henderson.
She's a licensed broker in the states 🇺🇸
Great to see you guys talking about her, she changed the game for me.
After I raised up to 325k trading with her I bought a new House and a car here in the states 🇺🇸🇺🇸 also paid for my son's surgery (Oscar). Glory to God.shalom.
The suburb I live in demolished a 75 year old high school (nothing wrong with it) and wants to build a new one with higher taxes. They are also building a 12,000 square foot golf course glub house at a cost of $12 million dollars (a cost that is 4X normal construction costs). I can't believe what's going on in my city. It's criminal.
Because the cities are run by criminals.
no one asked
@peanutarbuckle2980 I found his response interesting, at least.
When people spend other’s money, they don’t care
The Teachers Unions get what they want regardless of cost to the taxpayers so you get what you vote for.
No is talking about the shear cost of infrastructure spending to repair and maintain roads for a car dependent city
Strong towns is
Well, New York City's public transportation infrastructure is just as bad, too. They're going to need a *LOT* of money to upgrade their subway and commuter rail networks, and likely will need a major public transit bus investment, too.
@@Sacto1654 NYC should upzone the land around their transit, they have an 800k housing unit shortfall so they need the extra housing units and taxpayers anyway. Additionally, replace the property tax (which is forbidden from assessing homes at market value) with a land value tax
@@Sacto1654 At the same time, the baseline for public transit in the US is so low that NYC's system is considered the best in the US in terms of coverage
@@mohammedsarker5756 Whatever it is, the current situation in NYC is a major mess. Just cleaning up the housing rental market is going to take a massive amount of work, especially when studio apartments in and near Manhattan have monthly rentals of US$3,500 per month to start.
One thing you will never hear from something like this is how those cities are also destroying their revenue by driving small businesses away.
This migrant situation is out of control.
_Finally,_ a comment mentioning their totally ignoring that undeniable aspect of our economy. Thank you.
Nothing to do with migrant, so-called illegal aliens get all forms of taxes stolen becouse there made up S.S. number don't match there name, so the money gets stolen, its called the set-Assid or suspension fund, tens of billions held for mismatch, also the migrants claiming asylume are not allowed to work, asking for work, the response, you are not allowed to work, there tracked, so its not like illegal alien, most of them have been in the U.S. for years, most people today are claiming asylum its legal, but you do not get asylume for work, you must say you are in danger, get the money form the illegal alien slush fund in Washington and by the way few Mexicans are crossing the border illegally, not even legally migrating to the U.S.
@@poempadgett4664why would I care? I don’t want *you* here
Actually the democratic party is outta control. Hence why all those cities are democrat run
@@HiDefHDMusic go back, pedro
Completely separating where people live And where people work was a completely stupid decision.
And guess which industry benefits form that. Ford and the car industry corrupted our city building infrastructure that only caters to cars. Now the suburbia everywhere cost more to maintain then they pay in taxes.
Maybe. When 97% of the population worked on a farm, it made sense to live right there. But if a lot of people in cities are working in a smelly, noisy factory, it kinda makes sense for health and comfort reasons to separate work and home. These days most cities don't have a ton of heavy industry anymore, so the separation doesn't make the same sense.
@@crusherven your right it doesn’t make sense to have some industries next to where people live. But there is no reason we can’t have office space, restaurants, groceries all intermingled with each other. There is no reason why we need separate areas for all these things. There is no reason why people should have to drive to all these places.
@@jeffreystanley4991they have that in China and as a result their mental health is garbage. Imagine living where you work. That’d be terrible.
@@crusherven In Europe they have restaurants, offices and stores next to housing.
"Strong Towns" episodes on youtube have been flagging this for a very long time.
Dense housing = Good for pretty much everything
cities want to burrow more and more then bankruptcy....its smart...once in your in over your head go all the way and milk it
Where can i watch this show
@@floridaman7 the channel is called strong towns on youtube. Not just bikes also made a playlist based on their research. /watch?v=fzETR5rkdd0&list=PLJp5q-R0lZ0_FCUbeVWK6OGLN69ehUTVa
Just search "Strong Towns playlist" You will get a playlist created by another youtuber called "not just bikes".
This is happening by design. Corrupt politicians end up rich without any liability and guess who will pay the price for the goverment debt and bankruptcy ?
It's become so expensive to live in these places that tax payers are leaving I bet. Seems the uber poor can live there due to the benefits big cities provide, the uber rich can live there because they are rich, yet the middle, they always need to leave by the time they his child having age. So you lose that tax income.
Our pensions are "fiscally sound"... Next sentence: 80% funded ... 😂
Funding levels by the US Postal Service is about four times that , by design.
And Municipal Pension Funds have been targeted by Wall Street speculators , to bankroll their acquisitions , for decades.
NO doubt lol.. we have actuarial laws up here that pensions must be at least 95% funded
Lies again? Stop Lying Men Grab Food
who would have known.. government lies?!
This is what happens when it overspends. No accountability for irresponsible budgeting is what lead us here
Both parties have done this for decades, but they like to play the blame game.
@@gideondejongh838Isn’t it time to have at least have a third party to balance the power like our government?
@@matthewlam9416 A three-way battle to see who can brainwash the people the most? As a monarchist, I say it would not change anything since there is no accountability and the plebs worship ideology. Now if people would stop denying reality now that would be a step in the right direction.
COMPANIES ARE’T RAISES WAGES!!! This is CAPITALISM! If the PEOPLE have less money, how can businesses thrive?
@@KASLtjawhat is that has to do with irresponsible spending?
Never forget what they did to 36-year-old Derek Floyd, a hard working family man was terminated as part of New York City's effort to free up funds for the migrant crisis, and because of the stress of this he died of a heart attack. The city has ramped up its efforts to pay for housing services for thousands of migrants, therefore fired him. So sad
I never understood how there were 0 layoffs on transit when there was a 90% reduction in ridership. Who is paying for that if there is a 90% loss in revenue. 4 years later, it is still 50% reduction in ridership.
If you lay off government workers, you automatically lose the next election. Cities are union piggy banks.
*So 60 years ago, there were NO INCOME TAXES* No property taxes and almost no SALES TAX. How did these cities surive back then?!
Over expenditure to the entitled people- simple. Plus masses of wastage and inefficiency.
By not providing any basic services. You had horse faeces piling 3 feet high on every street and rotten cow carcases clogging the rivers.
@@justicedemocrat9357 You make my point. Cities had to contend with dead cow carcases and horse faeces back then and back then there was no 3% city tax nor property taxes nor sales taxes. Again, get rids of all those taxes and let the feds fix state and local issues.
That was before the public sector unions took hold.
@@daroofa You mean Police Unions and their crazy, expensive pensions and lawsuits??
My city had a council race two years ago that I reached out to a candidate about. I asked him about some questions about how city taxes were collected and how different policies would affect this, his response was that he was interested in learning more about this. What I'm trying to say is that he was completely uneducated on how cities work. The problem is that too many people don't know how cities operate.
Salaries for these idiots is way too high. They also spend money like drunken sailors. IMO I see work crews all the time. 5 workers with 2 actually working.
I left the city I grew up in because it is poorly governed and the taxes I paid were squandered.
Proud Christian Nationalist here. Sorry to hear brother.
I'm about in the same boat, I've lived here 30+ years, almost my entire life, I was born in this city, but it's been overrun with leftist out of staters who bring their sh*t politics with them, drugs, homeless, crime. Inside of 5 years, these foreign colonizers have completely destroyed my home. I'm heading to either Wyoming or Texas before 2025.
1: Overspend what they can pay and use money in dubious programs . 2: Subsidies suburbs which are always a huge negative in income for the city. 3:Make impossible for small and medium businesses to establish or survive. 4:Make impossible for people of variable income to exist by disallowing small and modest home construction. 5:People who can somehow afford to live in these crime ridden places simply leave asap. Heh? Why are we broke ?!
Can you cite examples of urban tax money going to surrounding suburban counties in any US city? Not state money, just tax money collected inside city limits.
Maybe we don't give billions to billionaires to fund vanity stadium projects, and we force cops to pay for their own insurance bailouts when they do something to get the city sued as a start.
Or illegals, foreign countries, etc.
Translation: I missed economics 101.
@@Dave-qi3ft Nah so many studies by economist has shown that sport stadium are not worth the investment. They in fact do not bring in more money than the cost of the stadiums. Time and time again that notion of a sports team generating tons of money for the city has been proven wrong.
@@chan13153 sports stadiums have nothing to do with deteriorating cities.
@@Dave-qi3ft town’s taxpayers funding a multi billion dollar stadium isn’t burdensome?
Scholars who study the stock market’s historical performance estimate that over time, the payment (and reinvestment, and compounding) of dividends have contributed anywhere from 30% to 90% of the S&P 500’s total returns. I want to spread across $400k into profit yielding dividend equities but unsure of which to get into
I stopped listening and taking financial advise from these KZheadrs, because at the end of the day, I end up with a bunch of confusing stocks without knowing when to take profit, In reality, all I needed was professional advice to take advantage and make profits.
I agree just reached my goal of $500k monthly trade earnings. Setting realistic goals is an essential part of trading
Please educate me, i'm willing to make consultations to improve my situation,
@@DanielFerreira596 Thanks a lot for this. I'lll check her out right away.
This recommendation is coming at the right time because i am literally grasping for straws atm! I verified her online and scheduled a phone call with her.
Funny how they saw the Detroit Bankruptcy and thought, "Yeah, let's do that".
Poor local government, poor municipal government and poor state government. Blame politicians and their poor policies..
The amazing thing, maybe terrifying, is this is just the large cities. Mid and small towns around the country are crumbling at an alarming rate, burdening with large debts and less income coming in. The amount of states/cities being propped up by the federal government is staggering. My hometown in Arkansas looks worse and worse every year with infrastructure deteriorating to a scary level. It was revealed a few years ago nearly 40% of the cities budget was supplimented by the federal government. If that ever stopped I cant imagine what would happen.
As someone who also grew up in a small town in the South, I noticed this too. I highly recommend taking a look at Strong Towns. It's a non-profit that analyzes and provides ideas for how to make cities financially solvent again.
I'm from Helena-West Helena, AR. Same issues going on there as well!!!!
Low density, strong services, low taxes. Pick two.
Why are they taking funds from FG when they keep voting republican Politicians who cant govern or bad with economics? Isn't that socialism as they always claim?...
I thought I was the only one that could now visit 30 ghost towns IN THE UNITED STATES of AMERICA hell you could shoot 2 more WALKING DEAD APOCALYPTIC shows in those towns...🤷♂🤷♂ man that's sad all this leave a beautiful place like Europe trust me it's BEAUTIFUL only to land then get into conflict with the natives and those brought over as help like to come here and let the whole thing go up in SMOKE literally like one of these towns could just go POOF and no one would know!!!! Makes not a lick of sense when you think about it. Smdh!!!
Your credit score drops because you don't have enough debt but also debt is bad!? Okay, what!?
Freedom is slavery, war is peace ignorance is knowledge.
The system is designed to create debt slaves.
It drops with your debt ratio (how much you are utilizing) not absolute debt. So you should keep that well below 10%. You just need to be careful of how quickly you ramp up credit.
It also depends on who you are and what you are.
@@psychic1999who thinks this is a workable system? This is the worst thing I’ve ever heard it’s ridiculously immoral and lacks any societal benefit, your economy is entirely a scam
When you have bad leaders that fund things like money to illegals, give money to homeless without getting anything in return. There is no cashflow problem, it's just bad leadership and bad financial oversight and bad investments. When you throw money into a money hungry pit, you can make as much money as you want. When you have programs like Homeless, why would they want to solve the problem? No one is going to make their money well go away, they will find reasons why they need more so they can get more kickbacks and look out for their kind and not solve the problem. LA, Chicago, etc all are a prime example
They are going broke because they are going woke.
True, if you look at the most broke, most crime, most homeless, most drug overdoses, most people fleeing the city, it is the cities run by progressive (Woke) Democrats.
Getting off the gold standard was the worst idea ever
I would add the income tax and universal suffrage as well.
true, at least gold somewhat limited the government spending
Uh yep, and every country that drank that kool-Aid is finding that out the hard way right now.
Except the gold standard didn't work. Thats why we left it. There was not enough gold to run this or any other economy properly.
@@davidhill850 gold standard works fine for any economy, it doesn't make sense that there isn't enough gold... you can just reduce the prices of things relative to gold, when economy grows the prices of things get cheaper. The reason why they left it because they printed way more dollars than they had gold, so they had no choice to leave gold
Everyone in charge needs to be pulled out. We need a major investigation and ultimately a restart
The 10 worst cities mayor's are BLACK, WTF⁉️
Yes. This country is completely failing. We need a huge redo
No re-election of incumbents for at least three election cycles. An independent forensic accounting of every federal, state, and local government department to ferret out the waste, fraud, and corruption. #CleanHouse #NoIncumbents
On tonight's episode of "How can we blame the people for our f**k up?"
NYC lost 80,000 affordable housing units cuz it was too dysfunctional to track them LOL
Anytime i went broke in simcity i just took out 3 high interest loans
feel the sudden urge to play sim city 3000 again
You mean, every time you went broke, you were able to get financing to go broke again ?
SimCity 4 vibes right now. I would do the same thing 🤣, or do the side missions (crooked stuff) to keep the balance afloat. Lol
It is honestly crazy how incompetence is allowed to stay. If this wasn't the government but a private business these people would have been fired long ago and be replaced with someone who does deliver work that meets the mandates set by policy. It is because of their incompetence that regular citizens now have to suffer and somehow this has 0 repercussions to the people who failed their oath to the people and their mandates. Better yet they probably get a pay raise or promotion instead :| Then you wonder why most cities are turning into a debt bubble that WILL implode at some point.
If politicians behaved in private business like they do in government, the vast majority would be convicted of numerous crimes.
"The government you elect is the government you deserve." -Thomas Jefferson
We require cities to have a balanced budget; but our federal government is running an ever larger deficit!
[slurps up the last little bit of juice from a cup] Guys... Why is this empty?
😂😂😂😂
“Don’t worry, we’ll tell you why it’s empty while slurping another cup dry.”
@@jimshaw734 yummy 😋...
This video never explained why city revenues are falling.
Tax cuts or failure to increase taxes with increased spending... Obvious
i.e., crime and corruption.
@@growtocycle6992you forgot high earning ( tax paying ) businesses leaving NYC since the summer of 'love' 2020 like rats a sinking ship. KZheadrs Louis Rossman and Cash Jordan have chronicled NYC's downfall. They even have an exit tax to prevent you from leaving , NYC is nothing but a bunch of corrupt crooks who are indistinguishable from the mob.
People moving out of cities. People not spending money in cities due to higher city sales tax rates. People not going into cities on weekends. Higher crime rates & higher insurance rates in cities.
Tax payers are leaving because of crime and high taxes
The big problem with U.S. cities is the housing shortage. It doesn’t matter how much they spend: As long as they refuse to build more housing then all the spending is wasted.
why are they in trouble? because the middle class is dead. people are living in their cars because they cant afford housing near their jobs, if theyre lucky enough to have a job, which of course removes more tax income from the cities, who then have to raise it by putting the burden on the people who are actually lucky to still have any money. then we blame the poor for being lazy. while in reality, its the wealthy who have sucked the country dry, get around paying taxes any way they can, and want MORE! concentrated wealth never works. the corporations and investment speculators have destroyed this country from within. people are worried about foreign actors ending the US? all they need to do is wait, the greed of the few will do it for them.
love to see corruption not on this list. thats the root of alot of our issues but no one ever talks about.
Absolutely right
Corruption is like 1% of the problem. Completely over blown
You wish. it's incompetence more than anything
@@user-fm7ht2bt2c Let's call it what it is, stupidity!
@@badpuppy3Corruption is a huge part. There are laws created and social behaviors allowed to tank they economy. Look at how much blue cities are prioritizing illegal aliens over taxpaying citizens. Look at the homeless industrial complex in LA and San Francisco alone. There was an article that said that California mismanaged $24 billion in funds to fix the homelessness problem. But there are non profit workers getting paid a quarter million dollars a pop. Why would they want to stop or fix this problem when it’s making them money. Two people recently were arrested recently spending part of those funds renting a lavish house in Beverly Hills and spending on luxury cars and dinners. Corruption and greed, incentivizing poor behavior and poor work ethic, protecting criminals, over regulation, and overspending are huge problems with specially in San Fran, NYC, LA, and Chicago.
You work for 40yrs to have $1m in your retirement, Meanwhile some people are putting just $10k in a meme coin for just few months and now they are multi millionaires. I pray that anyone who reads this will be successful in life
Thanks for continuing updates I'd rather trade the stock market as it's more profitable. I make an average of $34,500 per week even though I barely trade myself.
I'm favoured financially, Thank you Jesus $32,000 weekly profit regardless of how bad it gets on the economy.
How ..? Am a newbie in crypto investment, please can you guide me through on how you made profit?
Thanks to Mrs Maria Davis.
She's a licensed broker here in the states
allow me to explain, with 5 points and 5 sentences why cities are going broke without ever watching the video: 1. rampant inflation leads to less value for the dollar, what drives it is companies deciding to raise prices without ever being told to explain WHY they are doing so much less even being prohibited from ever price gouge the middle class. 2. a ever shrinking middle class lowers tax revenues because the middle class is what supports the needs of most cities. 3. when the majority of people have no disposable income left and not even dave ramseys teachings can get them out of it, you will have less sales tax revenue because people are buying less items. 4. when people are unhappy about their lives, it creates a cycle of mental health, which drives up the costs to take care of mentally ill people and reduces law enforcements effectiveness in helping the mentally ill, even with no training, and it reduces productivity in companies which drives down profits. 5. the housing market crisis hasn't left us, it has only gotten worse with real estate prices and rentals outpacing inflation in most major cities, the benefit is of course more property tax revenue but the downside is less people are able to afford a home for themselves, monopolizing the land to a few landowners and those landowners will have sway in property taxation and rental pricing, which has had a dangerous economic effect, which further squeezes out sales tax revenues, and with no political will to raise property taxes to compensate, it will be hard for cities to actually get em raised.
"..cut services or benefits..." How about stop spending so much on non-core items? Ever think of that? Course not, politicians always want to increase spending, taxes, and fees (and property values) and NEVER want to cut spending. They may shift around the spending i.e. some get less, some get more, but never is the overall spending cut. God forbid they should cut something like sanctuary city policies (food, housing, medical, free checks, etc), providing drugs and paraphernalia to drug users, funding special interest orgs that somehow always seem that the presidents/directors have $100k vehicles, matching salaries, well-funded staff while very little is done for their target groups, advisory individuals and groups (I thought the cities had staff whose families depend on the salary earner and thereby the salary earner has a vested interest in ensuring the city prospers, rather than a one-and-done jerk). So much waste and needless spending while the tax-paying citizens get screwed. Elections matter.
Ukraine, Israel and Taiwan apparently need our funds more.
Taiwan absolutely yes. We need their semiconductors. Ukraine and Israel? I don't know what they really offer especially Israel and our strange obsession with doomsday.
Very True. NO MORE SPENDING ANYWHERE BUT HERE
Cheaper in the long run to keep your allies strong then to lose them for good.
@@retro527 Ukraine is a major wheat exporter. Its wheat export is incredibly important to northern African countries, and if that is disrupted and a bunch of North Africans go hungry, where do you you think they're gonna flee to? Not to mention that Russian aggression westward puts the Europeans on edge, and in that case they're less likely to buy luxury goods like iPhones and Teslas costing American jobs. Israel is a MAJOR US ally in the Middle East. It's like the FBI having a snitch the 'hood to know what tf is going on. Losing Israel is NOT an option. Israel itself also a provider high-tech services especially cybersecurity. To say that Ukraine and Israel are not important is shortsighted. Instability costs a lot of money and you either spend some money to plug the hole now or spend A LOT more money later on to clean up the mess.
@@retro527 Israel is our only ally in the Middle East and Ukraine is a cash cow in the making for a rebuild if they win the war.
Lots of permanent programs started with temporary funds. My city seems to only add programs. For some reason they have a hard time scaling back or removing services that are no longer needed. They have blown through the pandemic money after using it to plug budget shortfalls and continue to raise taxes. Now, the new hustle is too overvalue your home to levy more property taxes. People are getting hit with $100k increased assessments in a year and they've done nothing to the hone and no new development is in the area. Smh.
NGO industrial complex has taken over most countries across Canada, Western Europe and the United States. Its these days one of the largest employers often getting billions in govt support. Like most things NGOS want problems to continue to make money to cover their wages, executive compensation packages, and health benefits. You also have many politicians and their families making money indirectly from these programs to avoid accusations of corruption.
@@guardianoffire8814 you get it. We need to crack down on corrupt NGOs, rebuild state capacity and implement upzonings/densification as well as a land value tax
Jesus it’s not NGOs or George Soros. It’s literally American Rescue Plan Act getting spent before they lose it all. Sorry I don’t have a more interesting conspiracy theory answer to keep you engaged. The truth is really boring I hate to tell ya.
They do this to keep paying the people they hired even though they are no longer needed!! It a Democrat thing!!! If they keep these people dependent on the Government jobs they will continue to vote Democrat! If these people are forced to actually earn their money by providing a service or producing a product they learn the lessons that Capitalism teaches them!!
that's how government works, once they implement something ,you can't get rid of it anymore. It's in their best interest to keep the program going because otherwise they would have to find another job
Don't increase taxes. We'll figure it out another way.
We just sent 60 billion to a country thats probably going to loose a war. And our cities are broke!?
they've been loosing the war the only reason we are aiding them is to keep pretending something is happening.... thus funding the military industrial complex.
You care more about a country miles away and your government doesn't care about you. Your government needs to cut spending and stop obsessing over other countries such as Israel and ukraine
I’m 22. Why am I expected to spend the rest of my life paying for the Boomer’s party. Also, why do they keep on raising more money or taxes rather than cutting costs
"You'll own nothing and be happy" ~ World Economic Forum
they are just telling us how bad its becoming without pushing action to change it and incrementally we throw our hands up and just accept the new norm. its like they are preping us for these changes and before you know it we dont realize we accepted them overtime.
As with the Iraq War. We gasped at the atrocities for 5 years, now civilian drone-kiling isn't even controversial.
We need LESS government. They spend and waste so much money. So glad I don't live in NYC. The govt arrogance is killing the city
CITIES make STATES... STATES make a COUNTRY... in order words it's the US as a Country that is going down 👇🏼 "Let's just be Frank here"
This video completely misses the mark. Cities are in financial trouble because of overly car-centric zoning and land use laws, with single family zoning being a huge part of this. Lawns and roads don't pay city taxes.
And they require more infrastructure for less people too
It's what happens when people don't own the land they have "ownership" of.
This is one of the smartest comments I've seen. People have moved out as the space has been taken up by parking lots, streets and lawns. Those people in the burbs benefit from the city but don't pay towards it.
@@inorite4553 thanks. I was basically summing up what I know from studying up on urbanism on youtube. Strong Towns and Not Just Bikes are a couple good channels for that.
@@inorite4553 Does explain all the ruckus about NYC implementing congestion taxes. On top of the fact that non-NY E-ZPass tags pay a higher toll
If y'all think this is strictly an American problem, you're kidding yourself. This is happening worldwide.
And a lot stems back to the covid lockdowns
Actually no it isn't.... The Swiss , Netherlands, Saudi Arabia, Iran, and Taiwan all live on surplus money.
@@noneshereActually yeah it is...I know it happens in the UK, Canada, Spain, Italy, Portugal, Australia. Debt is the reason why Dubai went bankrupt in '08 and had to get bailed out by Abu Dhabi. So don't act like debt doesn't exist in the jurisdictions you mentioned.
@@Krynale Lol, I'm Australian and I know damn well we don't have these issues, nice try but it IS soley an American thing, believe me😉
@@WinahhTaylahh I'm in Montreal, Canada and we have similar issues with infrastructure and transit system as the USA. So no it's not strictly an American problem, I have yet to see a major city in the world not offering bonds (debt) to finance itself, but nice try though.
US cities are too small. They need more people to survive.
I agree. Rent control needs to happen. The rent is too high
The obvious problem in New York is one of perspective. NY Comptroller: "Right now we have about $96B of debt outstanding, currently the way the debt ceiling works, we could borrow up to about $125B. So we have $25-$30B of room". No! All this spending isn't from infrastructure. Plenty spent on maintenance and interest. Another $25B-$30B is digging deeper in a hole we can't get out of now. The population is dropping year by year, and those aren't the welfare recipients leaving. That's the tax base. This isn't coming back. Have to raise more tax revenue on a middle class dealing with significantly higher inflation since 2020.
They are going broke because of corruption. The bidding process does not encourage competition and instead rewards the projects to friends of politicians. I have worked on projects in the suburbs and in the city and the mark up for work in the city is INSANE and the quality is not better.
Clearly, this debt based economic system is not working. Everywhere you look, extreme debt, debt, and more debt! Isn't it about time to throw in the towel and come up with something that makes a lot more sense? 🤔 The status quo is not sustainable!
My thoughts exactly. The entire system created in the early 1900s appeared to work because it was Ponzi scheme predicated on debt. The system is not sustainable
This debt based economic system has lifted billions of people out of poverty so stop crying you have no idea what you're babbling about.
@@justicedemocrat9357 And what happens when there aren't enough taxpayers left to fund the debt? The people being kept afloat by debt will starve.
@@justicedemocrat9357 maybe don't accuse people of "babbling about" when your comment lacks any kind of substance. But of course your nickname says it all...
@@justicedemocrat9357found the ponze lover
Government debt is effectively a wealth transfer from the taxpayer to the rich capitalist class. Governments are broke because they live like poor people: Living “paycheck to paycheck” (i.e. tax year to tax year), and incurring debt to cover the gaps. But debt causes the future tax revenue to not go as far, as a % of taxes have to go ties servicing debt. So, the problem gets worse over time, save more debt is often incurred. A better government would have a balanced budget, and would use a % of tax revenue to acquire assets that increase in value over time, which then could be used in emergencies and to provide capital for projects, like infrastructure, etc.
Its not debt. ANYONE with a brain cell knows its spending. Give a gold digger a credit card, she will max it out and ask for more. Debt is the symptom Tax is the enablement
As a commercial property manager, this view is only a part of the story. Downtown cores are suffering because work is changing. Downtown cores are places of work and offices. But accessing a downtown core is expensive and typically companies look to have offices in a downtown core for reasons that are more or less no longer valid. We can see this in the falling value of commercial real estate. Downtown cores must change their core purpose from work to living. Residential is the future for downtown cores. But, that is not going to be as valuable. Largely, officials are in denial about this. This lack of recognition of the main driver of the decline is unlikely to be accepted and that will cause a further decline in the value of city cores. The future for downtown cores is not looking good. And I don't think it will get better.
And not every office building is suitable for repurposing. The are floor plates that do not lend too well to be rearranged on viable housing units. And then some buildings are costly to,operate as is. When parsed amongst residential tenants , the cost structure make residential units unaffordable.
The issue is Single Use Zoning. Our whole concept of CBD - Central Business District leads to a lack of diversification which means these areas are less resilient in the face of decline of their one use. European cities don’t have this problem because they have mixed use across the entire city.
One other issue aside from repurposing is who desires living in the downtown core? If the housing is too affordable then you get lots of poor people which leads to terrible schools and higher crime. If it’s higher end housing then you get higher end, childless young professionals but also a large amount of vacant units as it’s often more beneficial to leave surplus units empty than rent to poor people. What I think we’re going to see is more amenities shift to suburbs or other far flung parts of the metro areas along with some downsizing of corporate office space in the CBDs. It’s going to be painful for many of these cities.
@@ZeusAVI So far I think it's been a status thing. As in, it's prestigious to live in a downtown core. But, more in support of what you're saying, will downtown cores continue to hold status? Who else prefers living in downtown cores? Drug addicts and the homeless. I think you're right about a shift in focus to suburbs. But also I think we'll see "micro cores" develop. Areas where we have a small collection of high-rise towers in previously suburban areas, and those smaller cores which are developed exclusively for residential, will be the new desirable areas.
A huge problem is the fake and inflated property values in NYC The real estate industry has been getting away with this for years. Also Bloomy's bird brain idea to give his buddies 30 year tax free breaks for building a buildimg or making a business.
So basically we're going to keep this economy going for as long as we can until it literally hits the ground and starts combusting in to flames, this will not be a depression this will be a nightmare financially for everyone because right now when the inflation spikes up like a rocket and the dollar detaches itself from normal levels we're going to be just like Zimbabwe or Germany with wheelbarrows of money for bread. I personally feel like we have maybe 4 to 5 years of somewhat economic transactions with money and debt but after 2030 I think that's when everything will falter and hit the skids. I would buy Bitcoin and buy hard assets like gold /silver as a store of value while also actively trading...The only wild card for us investors is to actively engage the market by trading, we always over complicate things when we speculate. It's not about guessing the market's next move; it's about playing it smart and steady during trading...managed to grow a nest egg of around 100k to a decent 432k in the space of a few months... I'm especially grateful to Kelvin Hurdle, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape....
I have seen a lot of Positive posts about Kelvin Hurdle. Please how do I reach him?
Kelvin Hurdle program is widely available online..
He mostly interacts on Telegrams, using the user-name..
@KelvinHurdle..
It was quite challenging to understand the different trends on my own until i found out about Kelvin. Trading made easy.
I helped with a roofing job for a client in Seattle. Now this guy was the accountant for the city of Seattle budget. He actually ended up leaving his job because he was so frustrated with what was going on. He had no control over the spending all he was doing was recording and accounting for it. But it bothered him so much that he left his multiple six-figure job to go pursue his own interests.
This is what happens when you have 1 trillion in military budget your cities and people go broke only a few corporate benefits.
Funny how they didn't bring up the effects of remote working, but then spoke to potentially raising property taxes as a recourse to aid the deficits.
If you commit credit fraud targeting an adult you’re called a criminal. But if you commit credit fraud targeting unborn children you’re called a politician 👍
Funny thing is the whole defrauding the unborn is basically what happened in China, and now they are in full scale panic to try to get women to have babies.
Reason is obvious: cities tend to have expenses and obligations that benefit small places that don't contribute.
There was another society that used debt to build massive infrastructure, it was called the Soviet Union. When the financial end of the Soviet Union fell off a cliff and the money became totally worthless, all public works virtually stopped and everything has been in decay since. All of these cities are going to experience the same outcome when the financial implosion happens here with unclimbable debt walls.
>Why U.S. Cities Are Going Broke Progressive policies to start...
yea the policies that fuel mindless suburban sprawl
Those are progressive?
@@gregoryturk1275 That's what they call it. A more accurate term is "regressive".
big bloated governments, public services, welfare and you get bankrupt cities. Need to go back to capitalism because that used to work better
Problem with asset cost inflation is that it increases the cost to maintain it as well. The cost of everything rises making it harder to hold.
The super rich want you to give cobtrol to a super rich asset holder
@@JaceFalcon Most poor people pay zero taxes in USA while using my taxes money for roads, schools for their moron kids, and more services they use, but dont pay. Want to bet on that ?
My city has a secretary making 125,000 a year plus massive benefits. She handles the license plate stickers and is kind of like a cashier. Her pension is amazing. The entire entire towns vehicle sticker revenue doesn’t even even pay for her salary. so our taxes are crazy. This video is propaganda pro taxes. My city doesn’t hire contractors… They buy enormous trucks that sit idle and hire full-time workers that are also idol. They have clean sweep for the streets… They blow the dirt, not vacuum it. You should see this blown filthy dirt on the school children going to school. It’s a white out . We need to rethink this government spending. It’s totally out of control.
Maybe stop making promises on the campaign that have to be covered by the taxpayers.
Not a word about upzoning economically unsustainable low density areas. Not a good look, CNBC
American incomes are very, very high. This allows us to pay for inefficient low density systems, even if it means paying federal taxes that are then used to bail out failing suburbs.
Not a word about the corruption too . Obviously it does not exist .
OMG no one cares about upzoning stop crying about upzoning.
Watch strong towns and not just bikes to get the answer.
Fantastic channels 🙌🏻 oh the urbanity and Second Thought are also great ones
Exactly
@@Northwest360 oh the Urbanity not really, never based on science just their feelings. If anything they do more harm than good.
@@buddy1155I like the content on the missing middle housing. Can’t wait to visit Montreal because of it
👀
What is the problem with cities not having enough funds, they could just raise taxes? Money is never a problem for government.
“Stagnant revenue growth” is what happens when no one can afford to live in your city and either A: moves out or B: has limited spending ability due to the high cost of living.
I think there is real fear right now of a large city going financially under like what nearly happened to New York City in the 1970's. That's the type of disaster that could devastate the US economy in very short order.
1978 Cleveland default re-run, but with much bigger numbers
NYC and these other sanctuary cities ruined themselves with border jumpers and lax laws. Who wants to live or be a tourist in places like that.
It would be devastating for the mob that controls N.Y. but not for everyone else. Nothing there that can’t be produced or carried on in a more fiscally responsible area.
Democrat leadership has never worked well.
Thank goodness you brought this up! Truly, investing has changed my perspective on how one can succeed in life; working multiple jobs isn't the optimal way to attain financial freedom and unfortunately, we discover this later in life. Currently earn as much as 10 grand weekly and this has improved my financial life. Great piece!.
Wow, congratulations on your impressive investment success! Your discipline and focus on delayed gratification is truly inspiring. I'm curious, what are some of the key factors that you consider when making investment decisions? Do you have any tips for those of us who are just starting to dip our toes into the world of investing? Thanks for sharing your story!
She’s OLIVIA SULLIVAN FINANCIALS
she's a known advisor. I actually did look her up curiously and went through her credentials on her webbsite... Top-notch! I wrote her an email, hopefully she's accepting new intakes.
I'm definitely gonna check her out. Do yo have any idea if she manages family fund?
She's definitely going to help you. All you have to do is look up her full name and reach out to her
Government should never be allowed to go into debt in the first place.
The problem can be summed up with two words. Democrat control.