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Can California Declare Bankruptcy?
- brc 17y agoWhile this is a competent technical analysis of the situation, I wonder what will happen if California just stops paying it's debts. Just because it's happened before, doesn't mean it won't happen.
- mbriyo 17y agoInterestingly, California's debt is seen by investors as riskier than Kazakhstan's, according to Bloomberg News. http://www.huffingtonpost.com/2010/03/01/californias-debt-now-risk_n_481058.html http://www.huffingtonpost.com/2010/03/01/californias-debt-no...