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by jtsnow
2935 days ago
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Yes, the Strong Towns organization has a unique perspective on this. They make a convincing argument that local governments in the U.S. are trapped in a "growth Ponzi scheme." [1] Without continuous growth, most of them will never cover their liabilities. Strong Towns also provides interesting insights on how to avoid and correct this pattern. [1] https://www.strongtowns.org/the-growth-ponzi-scheme/ |
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