Municipal Ponzi collapse is certain across U.S.; Crockett sizes up threat

Former city council member Dave Crockett, a recent candidate for mayor, says Chuck Marohn of Strong Towns is “100 percent correct” in his analysis of how growth patterns since WWII have been nonproductive, and that a maintenance crisis lies ahead when the Ponzi scheme of government-backed expansion and infrastructure subsidies meets its repair and maintenance schedule and there will be no means to fix what is falling apart. (Courtesy 92.7 NoogaRadio)