November 22, 2017
Economics

Welcome To Venezuela North AKA Illinois

October 11, 2017 JoshuaPundit 0

Venezuela north AKA Illinois is now at the next stage all bankrupt entities go through…simply ignoring bills and failing to pay them. The AP and several other outlets reported that as of the end of June, 2017, over $7.5 billion worth of unpaid bills — over half the total due, [Read More]

Economics

Whadd’ya Know…Illinois is Bankrupt!

June 23, 2017 JoshuaPundit 1

The state of Illinois seems to be following along with what’s been called the Blue State model..it’s on the verge of going bankrupt. Facing billions in unpaid bills and pension obligations, the state is hitting a major cash crunch and facing insolvency. Its Republican governor Bruce Rauner (more about him [Read More]