“It doesn’t take a majority to win, just a tireless minority that will keep starting brush fires in the mind and hearts of their fellow men.”

Samuel Adams

Wednesday, May 20, 2015

5 things you need to know about Chicago’s credit downgrades

5 things you need to know about Chicago’s credit downgrades


How will this affect the suburbs and cities further down the chain.(exurbs)?

3 comments:

Anonymous said...

First thing you need to know is that all of Illinois will be paying Chicago's bills.

Anonymous said...

Each government entity's credit rating is based on its own merits. Chicago should make no difference but the state's rating possibly could.

Anonymous said...

Mark my words - The State of Illinois will bail out Chicago. We will all be paying off those bonds in order to get Rahm's credit rating back.