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(YouTube)   What if subdivisions are just a ponzi scheme you live in   ( divider line
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1163 clicks; posted to Business » on 18 Jan 2021 at 6:50 PM (5 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook

How America Bankrupted its Cities - The Growth Ponzi Scheme [ST03]

Watch the rest of this series here:


NJB Live (my bicycle livestream channel):

This is the 3rd video in the Strong Towns series, and is probably the most important core topic: the fact that American car-dependant cities are financially insolvent, and function like a Ponzi scheme. This is the reason most American cities are bankrupt.

If you learned something from this video, consider donating to Strong Towns:

This video is a summary of the "Growth Ponzi Scheme" articles, published by Strong Towns:

Strong Towns publishes a lot of cases studies of American municipal insolvency. Here are a few of them:

There is a lot more to read, too! Strong Towns has a library of articles about building strong and resilient towns and cities that goes back over 15 years:

Other References & Video Sources:

Give Yourself the Green Light (1954) (Public Domain)
Henry Jamison Handy

According to Plan: The Story of Modern Sidewalls for the Homes of America
Henry Jamison Handy

Settlement Pattern and Form with Service Cost Analaysis
Halifax Regional Municipality - Regional Planning

Traditional Development - #6 in the Strong Towns Curbside Chat Video Series
Strong Towns (YouTube):


0:00 Intro
0:05 The History of Sprawl
1:03 What is a Ponzi Scheme?
1:51 The Problem
2:19 How it Started
4:17 Graphical Examples
6:27 The Excuses
7:35 The Canadian Example
8:12 Conclusion
9:02 Patreon Shoutout
9:18 Outro

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