NYC at risk for bankruptcy? – NYC Video



Vested Chief Economist Milton Ezrati on U.S. trade negotiations with China, former White House chief economic adviser Gary Cohn’s comments about U.S.-China trade talks, Minnesota resident’s tax concerns and New York City’s mounting budget concerns.

FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business capital of the world — FBN launched in October 2007 and is the leading business network on television, topping CNBC in Business Day viewers for the second consecutive year. The network is available in more than 80 million homes in all markets across the United States. Owned by FOX, FBN has bureaus in Chicago, Los Angeles, Washington, D.C. and London.

Subscribe to Fox Business! https://bit.ly/2D9Cdse
Watch more Fox Business Video: https://video.foxbusiness.com
Watch Fox Business Network Live: http://www.foxnewsgo.com/

Watch full episodes of FBN Primetime shows
Lou Dobbs Tonight: https://video.foxbusiness.com/playlist/longform-lou-dobbs-tonight
Trish Regan Primetime: https://video.foxbusiness.com/playlist/longform-trish-regan-primetime
Kennedy: https://video.foxbusiness.com/playlist/longform-kennedy

Follow Fox Business on Facebook: https://www.facebook.com/FoxBusiness
Follow Fox Business on Twitter: https://twitter.com/foxbusiness
Follow Fox Business on Instagram: https://www.instagram.com/foxbusiness

Source of this New York City Video

Some local news is curated - Original might have been posted at a different date/ time! Click the source link for details.

48 Comments - Write a Comment

  1. You can tell Forbes was a CEO. He has no qualms talking over someone.

    Reply
  2. Yes yessss thank you soo much I’m a native New Yorker. You have no idea it’s a financial nightmare here seriously I’m tired of it. It’s not worth living here at all You make $800 on the books nyc takes $300 easily hands down out of your paycheck. PEOPLE WERE NOOOOOOO DIFFERENT THAN SAN FRANCISCO PEOPLE WE HAVE PLENTY OF HIGH RENT HOMELESS AND OVERCROWDED BUSES & TRAINS. BEYOND EXPENSIVE

    Reply
  3. Failed my interview yesterday on the mean streets of Queens. I don't give all the time to the Homeless or have interventions with Alcoholics puking their guts up. But I didn't fly off the handle when people crossed me or got a little too close because I knew it was deliberate for some reason at the time and NY is NY I'm no an angel and you proved that. Im not evil either. Well done ,kids. I would've done the same thing. It just business.

    Reply
  4. There's a slowdown in NY, in the US, and in the world.

    Reply
  5. Excuse me, but my simple mind can't handle deception. Based on my long experience of 40 years in business, when you no longer earn as much as you owe, that is a classic book BANKRUPTCY!!! New York State is 2 billion in the hole and NYC is 4 billion, how is that not BANKRUPT?

    Reply
  6. Ask trump to back pay what he owes when he inflates his properties

    Reply
  7. Good job dems. Ok now legalize marijuana to cover the tax.

    Reply
  8. This is hilarious..save money by not paying AOC

    Reply
  9. The black holes sucking them dry.

    Reply
  10. Funny how they ignore the massive quantitative easing that's been poured into the US economy at a rate faster than GDP growth. Imagine if we added the cash flows from the Fed discount window to the books…….🤮

    Reply
  11. I hope they learn their lesson and get out of the situation quickly!

    Reply
  12. Of course they are, won't be long new York won't be standing, and people will move out of new York,

    Reply
  13. Investigate mayor DiBlowsio and his wife. Millions missing from their social policies.

    Reply
  14. Good let New York, California and all these free for all states fail. If this isn't awake up call then nothing is.

    Reply
  15. Gee whiz I guess Amazon's jobs were needed. Hey, AOC you are so not loved.

    Reply
  16. All lies. I wait for the second half of dy, we will see. Chinese? becoming to be at least 5 times stronger economically but as usually your ignorant language can only corrupt you and your people. Starting with the truism, check the data few only few apply to visit USA, if. China has milions and milions visitors every year, WHY?

    Reply
  17. Don’t worry, the federal reserve will print more money, loan it to NYC at a handsome interest rate and NY will add it to their overall debt. Rinse and repeat when the demotards over spend on communism again.

    Reply
  18. ".. but ..but that's NOT real Democratic policies!"

    Reply
  19. 5:57 she accidentally said "MILF"

    Reply
  20. Democrat state going to bankrupts. God will prevail!

    Reply
  21. That's alright, upstate will just keep footing the bill for the illegals and that nasty Dump of a city.

    Reply
  22. NY has their elected economic genius AOC to thank.

    Reply
  23. Don't worry new Yorkers the socialist will bail you out!!!!!

    Reply
  24. New York, California, New Jersey, Illinois, and soon Minnesota losing the rich. It's Liberalism that kills insensitive to earn more through their over taxation.

    Reply
  25. I live in NY, and you'd be suprised how many don't even realize how fraudulent, wasteful, and mismanaged NY is. I also believe NY will dwindle sharply in the years to come. You're already seeing the sharp increase of crime and poverty in the city.

    Reply
  26. That's what they get for being a Sanctuary city.

    Reply
  27. XI not come to summit if is not 100% sure this gone be agree.

    Reply
  28. Made in China chips could be in Boeing computers.

    Reply
  29. As New York's higher income residents exit NY, there will be no other alternative but to increase taxes even more to those remaining in order to finance their enormous welfare system and sanctuary laws to offset their loss of tax revenue due to the people leaving. When this happens, the flow or EXIT from NY will greatly increase, forcing even more tax hikes. Good Luck NY! The down ward spiral of a devastating socialism example is once again playing out for all to reconsider their stupidity. California, Illinois, Connecticut will follow and any other state that chooses to follow the "Lemming over the Cliff".

    Reply
  30. To CUT SPENDING, will mean that ALL THE SANCTUARY DWELLERS that he has begged to come to his city for free stuff in exchange for votes to keep him in office, he will need to eventually cut those expenditures which will turn those 48% of subsidized population against him.

    Reply
  31. Great and let LA and SF follow!!!

    Reply
  32. U S is not good also pls don't worry about china.

    Reply
  33. What do you think about Pakistan's psl.. I need to eat chicken winner pubg.

    Reply
  34. Who thinks NYC will ever be bankrupt, it will never happen.
    Sadly, thousands of people who live in NYC face bankruptcy every day as the socialists relentlessly fleece them.

    Reply
  35. Just like major cities in CA! You can't bankrupt your average taxpayer!

    Reply
  36. Cuomo could care less about tax payers, he got his re-election! I live in upstate NY I know!

    Reply
  37. Sanctuary city spending millions on illegals….maybe they cant afford that.???

    Reply
  38. New york promotes everything against Gods laws and commandments….and you wonder why its failing??? You cannot go against the God of abraham, Isaac and jacob and expect prosperity.

    Reply
  39. Detroit just got out of bankruptcy. The mayor in the state of the city future is bright. But ask the folks who held the city debt there not as happy.

    Reply
  40. Let it fall. To rest and rid the liberals. Anything they touch is toxic. And they are to do it to Colorado as well..

    Reply
  41. oNLY 2 TYPES OF PPL IN NYC THE RICH AND THE MOOCHERS.

    Reply
  42. I don’t like the people that control Nyc but I do like traveling there do see the beautiful buildings.

    Reply
  43. well if NYC has to file for bankruptcy thats it for De Blasio and AOC.

    Reply
  44. Cuomo will nationalize the businesses and will push for a NY secession from the United States, along with all of the rest of the 15 leftist states…

    Reply
  45. And the corporate cum guzzlers want more subsidies in the form of tax breaks

    Reply

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Send this to a friend