Posts Tagged 'pension funds'

Made in America Panel Warns that Detroit May Not Be the Only Big City Facing Collapse

Made in America Panel Warns that Detroit May Not Be the Only Big City Facing Collapse

Neal Asbury opened his nationally syndicated “Neal Asbury’s Made in America” show on Radio America (now on 45 stations) by warning that Detroit’s financial collapse may be repeated in other cities, particularly in Chicago, which shares many of the issues faced by Detroit. This includes a one-party rule, a broken pensions system, and the flight of manufacturers out of the city.

“Chicago was once a hub of great manufacturers, now it’s nearly a manufacturing ghost town,” suggested Neal.

Neal’s first guest was ...

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