Cali Default
California Might Stop Making Necessary Debt Payments For 2 Years
California’s ever-increasing debt is a fiscal train wreck in slow motion…
Yup. As predicted twenty months ago...
"I expect California and Washington to crash and burn brightly during the "Trump recession" especially now that their seckrit "backup plan" of Federal bailouts is probably dead"
Debtors never believe debt matters... until Luigi and Mario show up to chop off a finger. My father paid into CALPERS for 27 years , collected retirement for 25 years and my mother collected for an additional 7 years. It was a smoking hot deal for them.
Leaving WA
I like the weather in Washington State and planned to retire there. Here’s a quick example of why I left this year, though. The Progressives believe they are single-handedly “saving Earth”, but unless they can also prevent China, Africa and India from adding another 100 million people each year, it’s