[rb22982]

The next recession - if its a decent size one - will likely cause CA to file for bankruptcy.

[vette6387]

“The next recession - if its a decent size one - will likely cause CA to file for bankruptcy.

As a life-long Californian, I can’t wait for it to collapse financially, because that’s the only mechanism whereby we get get the RATs out and start the process of returning this once first in the nation state, to it’s former position. And I hope it hurts the hell out of our public employees who have been ripping us off for too many years.

[Lurker]

“The next recession - if its a decent size one - will likely cause CA to file for bankruptcy.”

States are not permitted to file for Chapter 9.

L