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originally posted by: keukendeur
a reply to: JAGStorm
I hear China is very willing to lend money...
How's your Mandarin?
What Happens to States When They Run Out of Money?
originally posted by: ketsuko
I've been saying for a while in these arguments that either everyone agrees to make do with less of what we expect from the government or else we end with nothing at all.
Do we need police and fire services or do we need to government to pay for fancy programs in subsidized housing - things regular families often can't afford? How much pension is too much pension? How much salary is too much salary? How many government bureaucrats are too many?
originally posted by: ketsuko
originally posted by: NotGuilty
a reply to: ketsuko
I don’t know much about economics or government. But I do know somethings wrong when BP is too big to fail, but Illinois isn’t.
Nothing should ever have been too big to fail.
he is holding the budget hostage for a larger permanent Fund dividend. Thursday’s notices warn of a “potential partial shutdown” of state government on July 1. According to a list compiled during a 2017 shutdown scare, state ferries will not run and fisheries managers will be unable to supervise Alaska’s multibillion-dollar salmon fishery. Last month, the managers of the $81 billion Alaska Permanent Fund said they will need to put it under passive management because they won’t be able to work.