fbpx
Consumer Law

New York City could be headed for bankruptcy

New York City could be headed for bankruptcy. 

“The city is running a deficit and could be in a real difficult spot if we had a recession, or a further flight of individuals because of tax reform,” Milton Ezrati, chief economist of Vested, a financial communication agency. “New York is already in a difficult financial spot, but it would be in an impossible situation if we had any kind of setback.”

 

Read the source article at Fox News

Back to top button
Close
Close