Is Your City Broke? USA vs. Germany

Cities around the globe do carry debt, but unlike in the United States, municipalities can’t go broke in Germany.... and the funding of public infrastructure is wildly different. The first 500 people to use my link https://skl.sh/blackforestfamily12241 will get a 1 month free trial of Skillshare premium!



Chapters:

00:00 Intro

02:04 Drowning in Debt

06:12 Why U.S. Cities arebDrowning in Debt

10:03 Graphics for this Video

11:47 Germany Municipal Funding

16:45 City vs. City

19:47 The Big Picture



Want to Learn More? Check out:



This Video on Municipal Debt and Infrastructure from @NotJustBikes:

"How Bankrupt American Cities Stay Alive - Debt [ST04]"

https://www.youtube.com/watch?v=XfQUOHlAocY



This awesome report on Municipal Debt and Budgeting from @strongtowns

"Why Cities are Flying Blind When It Comes to Their Own Debt"

https://www.strongtowns.org/journal/2023/7/3/how-oklahoma-city-sneaks-in-a-property-tax-and-the-distortions-that-creates



*All Sources at End of Video to Read More*



Episode No. 163