one view of the 2011 municipal bond market & unemployment graph

I came across this today. The poster does not agree with Meredith Whitney.
I know basically nothing about municipal bonds so I'll just post the links and
those interested can read and learn (hopefully). The individual seems to be
knowledgeable on this subject.

All posts are by Bond Girl (everyone's a comedian I guess).

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Default and bankruptcy in the municipal bond market (part one)

https://self-evident.org/?p=877

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Default and bankruptcy in the municipal bond market (part two)

https://self-evident.org/?p=878

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States are not like banks

https://self-evident.org/?p=854

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Some thoughts on the muni market

https://self-evident.org/?p=870

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Differentiating between policy and debt crises

https://self-evident.org/?p=876