Muni Failures Grow Increasingly Ominous, Harbingers of Systemic Collapse

The post Muni Failures Grow Increasingly Ominous, Harbingers of Systemic Collapse appeared first on Money Morning - We Make Investing Profitable by Money Morning Member Alert Detroit's high-profile municipal bankruptcy is well-documented. And although the city once representative of America's manufacturing prowess technically proclaimed itself out of bankruptcy in December, 2014, it is hardly out of an extended period of fiscal crisis. Stockton, California, a city of roughly 300,000 75 miles to the east of San Francisco, filed for bankruptcy last summer... Tags: Bankruptcy , bankruptcy court , U.S. Bankruptcy court To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2015 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post Muni Failures Grow Increasingly Ominous, Harbingers of Systemic Collapse appeared first on Money Morning - We Make Investing Profitable .