with Roman A. Montero
Writer, Dandelion Salad
Oslo, Norway
July 24, 2017
Day: July 24, 2017
Saving Illinois by Ellen Brown
by Ellen Brown
Writer, Dandelion Salad
The Web of Debt Blog
July 24, 2017
Illinois is teetering on bankruptcy and other states are not far behind, largely due to unfunded pension liabilities; but there are solutions. The Federal Reserve could do a round of “QE for Munis.” Or the state could turn its sizable pension fund into a self-sustaining public bank.