explainer · general · evergreen
Why American Cities Are Broke - The Growth Ponzi Scheme [ST03]
Not Just Bikes · Jan 11, 2021 · 9m 39s
What this video covers
Not Just Bikes explains the Strong Towns argument that car-dependent American suburbs cost more to maintain than they generate in taxes. It describes the growth Ponzi scheme that props up municipal finances.
Why it surfaced in Hacker News
HN keeps pointing to it as the clearest explanation of how low-density infrastructure is financed and why it is unsustainable.
11recommendation score
- 14
- distinct recommenders
- 10
- recommendation months
- 2
- strong recommendations
Recommendation context
Short excerpts from positive mentions. Open the source to read the full Hacker News discussion.
“Not Just Bikes did an excellent series on this specific problem.”
“I can't recommend this video [1] by Not Just Bikes enough.”
“Here's a good overview of that”