The Next Bailout Won’t Be for Banks — It’ll Be for Cities

July 17, 2025

It won’t be JPMorgan. It won’t be Goldman.

The next desperate bailout won’t go to Wall Street.

It’ll go to your mayor.

Or your police department.

Or your city’s pension fund that’s still pretending it’ll be solvent in 2035.

And you might not even know it happened.

Because just like the dollar’s devaluation, this collapse will show up quietly — as broken streetlights, closed libraries, and fire trucks that take a little too long to show up.

What Happens When Local Governments Go Broke in a Broken Currency?

Most American cities are already zombies — kept alive by a combination of interest rate manipulation, inflated tax revenue, and federal transfer money.

But here's what’s different now:

  • Interest rates aren’t low anymore.

  • Inflation is erasing real tax income.

  • The federal government is broke too.

Pension promises? Based on 8% return assumptions that only work in fantasyland.

Bond repayments? Coming due just as revenues flatten and local economies stall.

2008 Was a Bank Crisis. 2025 Will Be a City Crisis.

Remember Detroit? Stockton? Puerto Rico?

That was during an era of easy money.

Now imagine hundreds of cities trying to refinance their debt at 5–7% — while their tax bases shrink and their cost of everything explodes.

Here’s the part nobody’s pricing in:

Dollar collapse doesn’t start with headlines. It starts when your trash stops getting picked up.

This isn’t abstract anymore.

It’s local. And personal. And it’s already begun.

How Do You Know If Your City Is Next?

We’re tracking the four signals that matter:

  1. Rising muni bond yields (but no one wants to talk about it)

  2. Pension funding ratios quietly dropping

  3. Real estate tax revenue stalling while city budgets expand

  4. Federal “rescue” programs being quietly discussed — again

If you want to see the collapse as it actually unfolds — not just the inflation rate or Fed speak — this is where to look.

Stay sharp,
—Death