California Reaches Depression Era Status!
California’s Bond Default Will Signify US Depression of 2009 Is Here
California has 38 million people, a GDP of $1.8 trillion, and economy larger that India, Canada, Russia or Brazil and its economy is collapsing. The California unemployment rate has surged to 11.5 percent, the worst since World War II.
Lawmakers are scrambling to close the $24 [...]
