Falling down

by CalWatchdog Staff | July 6, 2010 10:25 pm

John Seiler:

What if the whole thing falls down? The economy, I mean: pensions suffer even bigger deficits, causing municipal bonds to collapse, making unemployment even worse, causing a surge in the need for social services, as the the dollar’s value continues to collapse. Then where is California? Where is America?

On this site, I recently wrote something about that[1]. Here’s famed Jim Rogers making the same warnings:

Endnotes:
  1. I recently wrote something about that: http://www.calwatchdog.com/2010/06/21/new-state-recovery-still-iffy/

Source URL: https://calwatchdog.com/2010/07/06/falling-down/