California is toast.
The Governor now knows it and is sending out "hints", but J.Q. Public
STILL ain't payin' attention.
STILL ain't payin' attention.
California is Greece, and the folks in Greece started pounding on the doors of their banks yesterday.
Their banks can't help 'em.
Their banks can't help 'em.
The E.U. WON'T help 'em.
From here on out, Europe will be interesting to watch.
When they realize the severity of their problem, folks in California will expect the rest of us to bail them out...
"Too big to fail !", ya know.
But it won't happen.
Their problems are too big to deal with.
I'm talking here to those of you who don't think I'm a Grade A kook...
Go here and read the words of a guy that knows economics FAR better than most of us.
Then act accordingly.
California is toast.
Illinois is in the toaster, cookin'.
We're all gonna suffer.Illinois is in the toaster, cookin'.
But the good Scouts among us will survive.