a mortgage is a trade. you are long real estate and short dollars. you borrowed dollars to swap them for real estate. not understanding this is the financial version of not having an inner monologue or not being able to rotate cubes in your mind. dave ramsay is advice for retards
Mayor Jacob Frey says he’ll veto this.
“Requiring a driver in a driverless car doesn’t make sense,” Frey said. “Minneapolis is open for business, open to innovative technology, and open to a variety of transportation options. Thoughtful regulation for safety is necessary, but not through a backdoor ban.”
Chicago's financial crisis is going to be *very* bad eventually
NYC and Chicago have almost the exact same pension liability. NYC has 300k municipal employees, Chicago has 60k.
Chicago spends roughly 40% of its core budget on pensions and debt service. NYC spends 13%