Economy

Will Detroit Set a Wave of City Bankruptcies?

Michael McKee examines whether Detroit's bankruptcy will unleash a wave of municipal filings as cities shoulder massive debts and pension obligations.

by Equedia1 minute read

Will Detroit Set a Wave of City Bankruptcies?
Equedia on
Listen to this article1 minute

Bloomberg Economic Editor Michael McKee examines whether Detroit’s bankruptcy will unleash a wave of municipal filings as cities shoulder massive debts and pension obligations. He speaks on Bloomberg Television’s “In The Loop.”

Many of our readers have made more than $100,000

Subscribe to our FREE monthly newsletter and see how many of our readers have made thousands in PROFITS with our ideas

Related Articles

US PCE Inflation Rises in September

September PCE inflation picked up while monthly core gains held steady. For gold holders, persistent price pressure complicates the case for Fed cuts.

Oct 29, 2026 · 2 min read