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> California problems follow California popularity. Apologies if this sounds exasperated, it’s a genuine question: How is this a California thing? Money flow
by erikpukinskis 6y ago
> California problems follow California popularity.
Apologies if this sounds exasperated, it’s a genuine question:
How is this a California thing?
Money flows out of cities. That’s globally true. Is this not happening everywhere on the planet?
California happens to have two massive cities, so it’s a major example of the phenomenon. But what is specific about California here, other than the random fact that California’s specific top industry happens to be the global top industry at the moment? As New York was in the 1980s, Detroit in the 1950s, etc.