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New York City is edging toward financial disaster, experts warn

MARCH 11, 2019 | by John Byrne | NEW YORK POST

New York City is careening closer to all-out financial bankruptcy for the first time since Mayor Abraham Beame ran the city more than 40 years ago, experts say. As tax-fleeced businesses and individuals flee en masse, and city public spending surges into the stratosphere, financial analysts say Gotham is perilously near total fiscal disaster.

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