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Is Chicago the next Detroit?

from Forbes

How bad are Chicago's debts — including pensions, bonds, and other liabilities? Is Chicago the next Detroit? Are Chicago's finances so catastrophically bad that it is headed to bankruptcy, in the same manner as Detroit experienced it in 2014? Much as it's tempting to pile on, when it comes to the overall economic and social health of the cities and their metro areas, the answer is no. more

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