Stress-Test of US States Yields Troubling Results

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Dan White of Moody’s Analytics discusses their recent stress test on every US state and why the results were less than encouraging. Dan goes through the least prepared states in the event of another economic downturn, explains the impact of tax policy, and why their analysis represents a best-case scenario since it didn’t include the widespread problem of underfunded public pension obligations.

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About Cris Sheridan

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