descriptive claim
In 1946, New York City government’s borrowing capacity before its legal debt limit was $150 million.
Dwarkesh Patel · What I learned about power from LBJ and Robert Moses · 29 Oct 2026
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“To give some perspective, in 1946, the entire New York City government could only borrow $150 million before hitting its legal debt limit.”5:00Report a misattribution
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