the staff of the Ridgewood blog
NEW YORK, NY — Nearly 50 years after New York City teetered on the edge of financial collapse, the city appears poised to repeat its historic mistakes. Last week’s Democratic primary results stunned political observers as voters backed Zohran Mamdani, a progressive candidate whose platform many say could trigger another economic crisis if enacted.
Continue reading A Half-Century After New York City’s Fiscal Collapse, Have We Learned Nothing?