Arnie Schwarzenegger joins the ranks of the girlie men
Tags:ECONOMY
So this is what things have come to here in America's most financially powerful state - a state whose $1.8 trillion economy is theoretically the eighth-largest economy in the world (just behind the United Kingdom, France, and Italy). If you thought that the collapse of Iceland made things tricky, confidence-wise, just wait until this sucker goes down. Which it is expected to do this week or next, as it technically becomes insolvent, unable to pay tax refunds, repair roads and bridges, keep schools open, or indeed provide a wage for anyone unfortunate enough to find themselves on its payroll.
YouTube - Don't Be Economic Girlie Men! Commentary:
Tags:ECONOMY
So this is what things have come to here in America's most financially powerful state - a state whose $1.8 trillion economy is theoretically the eighth-largest economy in the world (just behind the United Kingdom, France, and Italy). If you thought that the collapse of Iceland made things tricky, confidence-wise, just wait until this sucker goes down. Which it is expected to do this week or next, as it technically becomes insolvent, unable to pay tax refunds, repair roads and bridges, keep schools open, or indeed provide a wage for anyone unfortunate enough to find themselves on its payroll.
YouTube - Don't Be Economic Girlie Men! Commentary:
