Dan on Nostr: When California files for bankruptcy in the next 24 months, or sooner, will that sink ...
When California files for bankruptcy in the next 24 months, or sooner, will that sink the world's bond market or will it be something else sooner?
California is in HUGE trouble because over the last 2 years, a huge Portion of their top income tax payers have left. Multiple massive companies have left to the likes of Twitter, Tesla, chevron, and countless others. Many other massive companies have diversified large portions of their companies out of California. California MUST HAVE democrats win in Washington this November OR they cannot count on the bailouts they were promised. It's looking grim. If you have financial exposure to California- beware.
Paradise is looking more like hell everyday in California.
California is in HUGE trouble because over the last 2 years, a huge Portion of their top income tax payers have left. Multiple massive companies have left to the likes of Twitter, Tesla, chevron, and countless others. Many other massive companies have diversified large portions of their companies out of California. California MUST HAVE democrats win in Washington this November OR they cannot count on the bailouts they were promised. It's looking grim. If you have financial exposure to California- beware.
Paradise is looking more like hell everyday in California.