#SegregatedAmerica: The #inequality in the #bondmarket perpetuates a cycle of #debt and #disinvestment in #Black communities, but it also has huge implications for #environmentaljustice and #climateresilience. If local leaders can’t raise money to protect #water lines and prepare for #floods, their constituents will end up reliant on decaying and vulnerable #public infrastructure.
“#Race should certainly not affect the pricing of #municipalbonds,” Smull told Grist
#DonutCities #SegregatedSprawl
From: @MotherJones
https://press.coop/@MotherJones@press.coop/110955415883626427