Whites Flying Away

The city of Jackson, Mississippi, is unable to manage its water supply system, spite being built on rich aquifers and on the shores of a large river. The root cause says Lumumba, is "White Flight". See pic. Those evil birds refuse to be shot at. Lumumba is Jackson's major.

The Jacobin instead blames Wall Street:

When government defaults do occur, as happened in Detroit in 2013 and Puerto Rico in 2016, Wall Street is always the culprit. Wall Street firms loaded up these communities with toxic debt that required huge debt service payments, precipitating their bankruptcies.

Where did I hear this argument? In Argentina. The IMF did not loan billions to insolvent beggars, it "loaded them with toxic debts".