The world’s fifth largest economy is going to tank. The state has a $45 billion budget shortfall and unlike the USA, it cannot print money. The state retirement fund is grossly underfunded. San Francisco’s commercial building market is going under. Tourism to San Francisco is not what it used to be. Oakland is a war zone
The state’s only hope is for Gavin Newsom to convince Putin to invade. Then Biden will bail out Cali.