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Going bankrupt in the US: Special report

Senior Correspondent Brian Thomson takes a close look at US cities that are facing bankruptcy due to unfunded pension liabilities.

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1 min read

Published

Updated

By Brian Thomson

Source: SBS


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A new financial crisis is looming in the United States.

Cities across the country are facing the prospect of bankruptcy because of unfunded pension liabilities.

Senior correspondent Brian Thomson reports from the tiny city of Central falls in Rhode Island, where it's already a huge problem.

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