Another Milepost on California's Descent
Businesses continue to flee California with news of a big blow coming today. All these foofy liberals and unionized government workers are going to look around one day and all the people with money are going to be gone and they are going to wonder who will write their next paycheck or pension check. At some point the check won't be in the mail.
posted by Donny Baseball at 11:36 AM
2 Comments:
How do you suggest shorting California?
hard to do without undue risk. Maybe an ETF like CMF or PWZ. best to just avoid it. I like TBT which is the mother of all shorts - the US federal government which will be on the hook for Califonia, NY, NJ, Illinois and whoever else.
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