This was confusing. The narrator leads by saying that cities are ponzi schemes and supports this by showing a cash flow graph, but that graph doesn't seem to be grounded with any examples. I find it surprising that long term maintenance costs more than the long term tax revenue growth. I would've liked to see more evidence that these cities really are unsustainable.
kiliantics|5 years ago
https://www.strongtowns.org/journal/2011/6/14/the-growth-pon...