Someone always pays
They will take loans out and future folks will be stuck
Ilinois still gets away with this after 5 decades
They will take loans out and future folks will be stuck
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Loans usually require collateral.
Chicago is losing the productive.
The gimmedats are destroying the physical infrastructure.
The entire prog agenda is destroying the economic infrastructure.What you are calling loans are really junk bonds. High interest because they are smoke & mirrors & will never pay a dime.
They may have reached the end of this particular long con.