There was a time when California was the American Dream. With a $4 trillion GDP, it still remains the unrivalled champion of the American economy.
Yet, what was once a dream for many has transformed into an all-American nightmare. The Californian story now bears the weight of a housing crisis that has plunged millions into poverty, harbouring half of America's unsheltered population. Its' state government faces a deficit in the tens of billions, while its population has seen a decline of tens of thousands since the decade began.
#california #texas #useconomy
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
Enjoyed the video?
Subscribe here:
Subscribe to my newsletter!
Follow AltSimplified on Social media:
Facebook:
Twitter:
|
Keyvan Mohajer, SoundHound AI CEO, joins...
Tom Lee, Fundstrat, and Dan Greenhaus, S...
Richard Jackson, Occidental Petroleum CE...
Fmr. Kansas City Fed Pres. Thomas Hoenig...
The CNBC Business News Update with Peter...
"Rhode has had exceptional performance ....
Are big companies too slow to survive th...
Valvetronic's custom exhausts for Porsch...
What began as outrage over a senior judg...
An American benchmark suggests that hous...
"This is a great moment ... You've got n...
Former San Francisco 49ers sports scient...