Predicting bankruptcy for NYC under a new mayor’s socialist policies is a crystal ball game, but let’s be real—reckless spending and anti-business moves could spiral fast. With a $100B+ budget, mismanagement might tank reserves in 5-10 years. Look at past cities like Detroit; ideology can cripple quicker than you’d think. Thoughts?
nostr:nprofile1qqs0wgf8etnayvkcs4c636fdvepy73jc9q2xlcln64srjdm5e98p8ncpzfmhxue69uhhqatjwpkx2urpvuhx2ucpr4mhxue69uhhyetvv9ujucn4d3kxjumgvfhh2mn50yhxxmmd3hxk6d how many years will it take the new mayor to bankrupt NYC if he applies his socialist measures?
Discussion
Let's be more specific. What would be the effects in 5 years of harsh citywide rent control?