Just a couple months ago, Detroit became the largest city in American history to declare bankruptcy, collapsing under the weight of its obligations — $20 billion, to be exact.
To some, Detroit is just a tragic story of a tragic city that had the deck stacked against them. But to those paying attention, Detroit is a rare look at what the future could hold for America.
Think this couldn’t happen in your city? Think again – many of the largest U.S. cities are finding themselves plagued with the same problems that sent Detroit over the edge…and the epidemic is spreading.
And as Detroit Mayor Dave Bing said: “We may be one of the first. We are the largest. But we absolutely will not be the last.”
This exclusive Daily Reckoning video will tell you exactly what simple steps to take to avoid the worst of this crisis and help protect both your family and your wealth.