Cities have as high as $40,000 per household in unfunded pension liabilities alone. FBN’s Brian Sullivan predicts this will be the year that a major US city files for bankruptcy and that the new fiscal battle will be between old and young.

Help Make A Difference By Sharing These Articles On Facebook, Twitter And Elsewhere:

• 
• 
• 
• 
• 
• 
• 
• 
• 
• 
• 
• 
• 
• 
• 
• 

Interested In Further Reading? Click Here