Source: New York Post
Mayor Zohran Mamdani’s plan to tax his way out of the Big Apple’s self-imposed fiscal crisis is facing a fresh and little-discussed threat, according to well-placed financiers – and it’s coming from artificial intelligence. As I reported earlier this week, investors lately have begun to shun city debt – either selling it in the secondary market or balking at buying its newly issued bonds – over concerns that Mamdani’s numbers aren’t adding up. The worry is that his $127 billion budget still faces a $5.
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