Grist – The American suburbs are a giant Ponzi scheme

What we have found is that the underlying financing mechanisms of the suburban era — our post-World War II pattern of development — operates like a classic Ponzi scheme, with ever-increasing rates of growth necessary to sustain long-term liabilities.

via Grist – The American suburbs are a giant Ponzi scheme. I can’t say I agree with this, but it fits my perception of America’s infrastructure.

Justin Yost is a full-time Software Engineer and a part time educator. A graduate of Texas Tech University with a bachelor's degree in computer science, Justin relishes programming and learning more about anything and everything. When not working, Justin occasionally gives talks at the local PHP Meetup. In his free time, Justin enjoys backpacking and reading science fiction books.

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