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Economists say Stockton, Calif. won't be last U.S. city to go bankrupt

By tovarichpeter   Follow   Wed, 27 Jun 2012, 6:59am   300 views   2 comments
In South San Francisco CA 94080   Watch (0)   Share   Quote   Permalink   Like   Dislike  

http://www.cbsnews.com/8301-505263_162-57461537/economists-say-stockton-calif-wont-be-last-u.s-city-to-go-bankrupt/

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1. StoutFiles Follow Befriend (1) 24 threads 557 comments

   1   7:01am Wed 27 Jun 2012   Share   Quote   Permalink   Like   Dislike   Economists, way to point out the obvious.

2. tommythecat Follow Befriend 1 comments

   2   3:47pm Fri 29 Jun 2012   Share   Quote   Permalink   Like   Dislike   "And the reason is simply because we don't make (manufacture) things (goods in the U.S.) anymore." no. the reason is that you aren't responsible with a credit card.