How Bankrupt American Cities Stay Alive - Debt [ST04]

For centuries, cities used to be built incrementally. Improving and building on successful places, and changing or abandoning unsuccessful places. This changed in America in the 1940s, when whole neighbourhoods were built on the edge of town, to a completed state. After several generations, many of these places are financially insolvent, but are propping themselves up with an ever-growing mountain of debt. To donate to Strong Towns, visit: Watch the rest of the Strong Towns series here: Get a 42% discount on Curiosity Stream free access to Nebula: Patreon: Twitter: Reddit: One-time donations: NJB Live (my bicycle livestream channel): --- Sources and Image Credits Thum