Why American Cities Are Broke - The Growth Ponzi Scheme [ST03]

Watch the rest of this series here:
https://www.youtube.com/playlist?list=PLJp5q-R0lZ0_FCUbeVWK6OGLN69ehUTVa

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This is the 3rd video in the Strong Towns series, and is probably the most important core topic: the fact that American car-dependant cities and suburbs are financially insolvent, and function like a Ponzi scheme. This is the reason most American cities are bankrupt.

If you learned something from this video, consider donating to Strong Towns:
https://strongtowns.org/membership

This video is a summary of the "Growth Ponzi Scheme" articles, published by Strong Towns:
https://www.strongtowns.org/journal/2020/8/28/the-growth-ponzi-scheme-a-crash-course
https://www.strongtowns.org/journal/2020/5/14/americas-growth-ponzi-scheme-md2020
https://www.strongtowns.org/the-growth-ponzi-scheme
https://www.strongtowns.org/journal/2011/6/13/the-growth-ponzi-scheme-part-1.html
https://www.strongtowns.org/journal/2011/6/14/the-growth-ponzi-scheme-part-2.html
https://www.strongtowns.org/journal/2011/6/15/the-growth-ponzi-scheme-part-3.html
https://www.strongtowns.org/journal/2011/6/16/the-growth-ponzi-scheme-part-4.html
https://www.strongtowns.org/journal/2011/6/16/the-growth-ponzi-scheme-part-5-finale.html

Strong Towns publishes a lot of cases studies of American municipal insolvency. Here are a few of them:
https://www.strongtowns.org/journal/2010/1/11/the-cost-of-development-local-roads-edition.html
https://www.strongtowns.org/journal/2009/3/30/the-cost-of-development-one-example.html
https://www.strongtowns.org/journal/2010/3/17/the-cost-of-development-walker-industrial-park.html
https://www.strongtowns.org/journal/2010/5/5/the-mailbox-tower-historic-harbor-renaissance

Prochain épisode

S2021E02 - Why Canadians Can't Bike in the Winter (but Finnish people can)