The situation with Detroit was staggering as far as the size of the bankruptcy, but there may be other cities that will follow, especially down the road as interest rates begin to rise.
What happened with Detroit will also make ... Read More
This article How Detroit’s Bankruptcy Could Be a Boon for High-Risk Investors originally published at Investment Contrarians by George Leong
By: George Leong
Posted: July 31, 2013, 3:16 pm
We believe the stock market and the economy have been propped up since 2009 by artificially low interest rates, never-ending government borrowing and an unprecedented expansion of our money supply....