13.12.2019 Are large US cities are financially strong enough to weather a recession?
Laxman Pai, Opalesque Asia:

The credit rating agency Moody's Investors Service said that most of the largest 25 US cities would be able to weather a recession of similar severity as the 2008-09 downturn without a material adverse credit impact.

The rating agency's analysis shows that 17 of the 25 cities are moderately prepared for a recession, while six cities are stronger and two of the

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