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:
|
From jet fuel to fertilizer, the Iran wa...
Euphoria Season 3 is finally here after ...
America’s economy continues to soar, def...
WSJ’s Shelby Holliday reports from Tampa...
Allison Ellsworth, the co-founder of the...
The SpaceX S-1 dropped, and the $28 tril...
----------------------------------------...
Bloomberg's Mike McKee and Stuart Paul d...
Comprehensive cross-platform coverage of...
Bloomberg's Nacha Cattan joins Scarlet F...
On the early edition of Balance of Power...
Raymond Zeng lives in the San Francisco ...
----------------------------------------...
Goldman Sachs Vice Chairman Rob Kaplan, ...