279. Will California become Americas first failed state? | World news | The Observer
October 7, 2009 § Leave a comment
The trend is not good. This may well be what happens. Then?
Will California become Americas first failed state?Los Angeles, 2009: California may be the eighth largest economy in the world, but its state government is issuing IOUs, unemployment is at its highest in 70 years, and teachers are on hunger strike. So what has gone so catastrophically wrong?