Dissolving Cities - Is this the Way Out?

Dissolving Cities - Is this the Way Out?

There are 1 comment on the Mish's Global Economic Trend Analysis story from Sep 5, 2010, titled Dissolving Cities - Is this the Way Out?. In it, Mish's Global Economic Trend Analysis reports that:

Some cities in California are so bloated in debt and other problems they are considering dissolution.

Join the discussion below, or Read more at Mish's Global Economic Trend Analysis.

MRodman

United States

#1 Sep 12, 2010
This really doesn't seem like such a bad idea. The functions of that city would revert back to either the county or township. The end results would be a smaller overall government. The obvious downside is that esoteric local issues would be dealt with in a broader context.

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