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:
|
David Solomon, Goldman Sachs CEO, joins ...
Fmr. Lululemon CEO Christine Day joins '...
Brent Thill, Jefferies senior software a...
CNBC Business News Update with Jessica E...
Our politics reporter Reid Epstein expla...
Daan Struyven, Goldman Sachs head of oil...
Vice President JD Vance was billed as th...
Microsoft plans to more than triple its ...
As debate intensifies over the risks of ...
Bloomberg’s Ed Ludlow breaks down Oracle...
Apple may be late to the foldable smartp...
Oracle’s latest results helped ease conc...
As construction slumps and manufacturing...