Friday, August 11, 2017

Banana Republic
of
Illinois

This $5 Trillion Time Bomb Will Devastate Americans

Over 3,000 millionaires have fled Chicago in recent months. 
This is the largest outflow of wealthy people from any US city right now. It’s also one of the largest outflows of wealthy people in the world. 
But it’s not just millionaires… Every five minutes someone leaves Illinois. 
In a recent poll, 47% of people in Illinois said they want to leave the state. 
Over the last decade, more than half a million people have done just that.
This is the largest outflow of people from any state in the country.
 Illinois already has the worst credit rating of any US state. It’s just a matter of time before it becomes the first state in US history to receive a “junk” credit rating, which signals a higher risk of default.
DYI QUICK COMMENT:  Illinois already is junk status; no rating agency wants to be the first to down grade to that level; only until there is a default will they make the change.
DYI

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