Morning Report: It May Take Years to Solve Escondido's Budget Woes
Tigist Layne reports that the city is currently set up to spend more money every year on its obligations than it expects to collect from taxes.
Source: voiceofsandiego.org
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Futures Struggle To Rebound With Fed Set To Hike 50 Into A Recession
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
Source: zerohedge.com