sorgmot

Golden State Asks Public Pension Plan for Help

All the United States of America and particularly the Golden Bear State are in the beginning stages of a liquidity implosion quake with after shocks that will last 10 to 20 years.

In a liquidity crisis asset values in US $ terms fall and debt and other liabilities such as service contracts do not. Thus, all debtors have a choice of selling assets as they collapse in price or defaulting on debt or arranging for creditors to reduce demands.

Why do Californians think think that money from ofter states should bail them out? Other states are in the same position California is in. Get California to bail them out.

Maybe California would like to sell parts of itself to other states or accept the same per state citizen limits on spending that other states have?

Good Luck