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Destin Jenkins on Municipal Debt and Bondholder Power
Manage episode 316625526 series 2391732
Indebtedness, like inequality, has become a ubiquitous condition in and beyond the United States. Yet few have probed American cities’ dependence on municipal debt. Focusing on San Francisco, this month's guest, Destin Jenkins, traces the evolving relationship between cities, bondholders, banks, and municipal debt from the Great Depression to the 1980s. In doing so, he sheds new light on the power arrangement at the center of municipal finance, and offers some suggestions on how to contest it.
102集单集
Manage episode 316625526 series 2391732
Indebtedness, like inequality, has become a ubiquitous condition in and beyond the United States. Yet few have probed American cities’ dependence on municipal debt. Focusing on San Francisco, this month's guest, Destin Jenkins, traces the evolving relationship between cities, bondholders, banks, and municipal debt from the Great Depression to the 1980s. In doing so, he sheds new light on the power arrangement at the center of municipal finance, and offers some suggestions on how to contest it.
102集单集
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