Chicago’s Civic Senility - SA For FAs

What this episode covers

Imagine Chicago going bankrupt. That frightful scenario seems all the more plausible now that the city is considering a harebrained scheme to deal with the city’s pension crisis by borrowing $10 billion on the bond market. That would roughly be akin to your owing $10,000 to somebody, whom you don’t want to pay with funds in your investment account, so you instead borrow on your credit card. The risk that you end up in even worse shape than where you started is not low.Learn more about your ad choices. Visit megaphone.fm/adchoices

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Frequently Asked Questions

How long is this episode of SA For FAs?

This episode is 3 minutes long.

When was this SA For FAs episode published?

This episode was published on August 27, 2018.

What is this episode about?

Imagine Chicago going bankrupt. That frightful scenario seems all the more plausible now that the city is considering a harebrained scheme to deal with the city’s pension crisis by borrowing $10 billion on the bond market. That would roughly be akin...

Can I download this SA For FAs episode?

Yes, you can download this episode by clicking the download button on the episode player, or subscribe to the podcast in your preferred podcast app for automatic downloads.