Cali claims status as the 6th largest economy in the world. Watch that drop like a rock once it decouples from the US. The tight interlink with the American 49 states will be largely severed, not to mention the millions of people and many billion$ that will depart for the U.S.
And really now... Mexico has first dibs on any post USA future of California. No one really thought the Mexicans populates that state with its own kind for a “better life,” did they? This was strategic.
Can they own their 99K per household debt to their public pension crisis! Imagine an LA without Federal funding.... Tijuana Norte!