A city council can go bankrupt? That is a thing?
Why Kelatan's City Council able to avoid this?
Chat Berakking : Birmingham city council bankrupt!
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 Sep 7 2023, 07:11 PM
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#1
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Junior Member
98 posts Joined: Mar 2018 From: Land of the Hornbills, Land of the Free  
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vimaa94, yunxiangsgh, and 4 others liked this post
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Sep 7 2023, 07:48 PM
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#2
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Junior Member
98 posts Joined: Mar 2018 From: Land of the Hornbills, Land of the Free
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QUOTE(mystalyzer @ Sep 7 2023, 07:44 PM) anyway, bankrupt council means what? people don't get benefits anymore ? Your roads don't get paved.  Your playgrounds don't get maintain. Your sewage doesn't get disludged. Your streetlights don't get replaced. Your garbage won't get disposed. All of the things you take for granted won't get fixed. That is what will happen. ceo684 and max_cavalera liked this post
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Sep 7 2023, 07:55 PM
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#3
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Junior Member
98 posts Joined: Mar 2018 From: Land of the Hornbills, Land of the Free
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QUOTE(keybearer @ Sep 7 2023, 07:50 PM) That's nothing. Sewage not getting cleaned, trash not collected, cleaning not done, street lights not replaced, potholes not repaired, etc. Sounds like the birthplace of a new epidemic. It is exactly this, City Council has the same or similar jurisdiction anywhere. If they go bankrupt, all your property prices can expect a nose dive.Provided they serve the same function as here, I'm just assuming though. |
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