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Posts Tagged ‘housing crisis’

25 Jun

Just an exception – or the beginning?

Can a complete city of the size of Zurich or Nuremberg get into bankruptcy?
No? Then this city in California, namely Stockton is teaches you otherwise!
Stockton is in debt with hundreds of millions of dollars. What sounds not much
is a real shock for the residents. The city is also suffering of high crime now!

Continue Reading

June 25, 2012Netspark No Comments »
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FILED UNDER :Curiosities , Economy&Finance , News
TAGGED WITH :bankruptcy , California , housing crisis , Stockton , USA