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:
|
The US- Iran peace plan has been made pu...
If the stock market is a report card, Fe...
Michelle Meyer, Mastercard Economics , j...
DoubleLine Capital CEO Jeffrey Gundlach ...
US President Donald Trump has said the f...
Scott O'Neil, CEO of LIV Golf, says the ...
Bloomberg's Scarlet Fu and Lisa Abramowi...
CNBC’s Jim Cramer says investors are see...
Between the Knicks NBA Championship and ...
Bitcoin has been transitioning from bein...
Fed Chairman Kevin Warsh discussed how h...
A retired British couple who were on a y...
"Economic activity is expanding at a sol...
Federal Reserve Chairman Kevin Warsh rei...