This article is discussing the potential of the borrowing and debt from promises made (pension and health care) and the challenges and warnings to various governments. There is one quick-telling visual of the map of the U.S. with the pension gap highlighted in colors for states where this gap is greater than 50% of annual revenues.
http://www.economist.com/news/leaders/21582258-it-not-just-detroit-american-cities-and-states-must-promise-less-or-face-disaster
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