Black Gold Rush
Buisness Facilities Contributed Content
JANUARY 17, 2013
The housing market collapse devastated the Golden State at the same time it faced a fiscal reckoning brought on by decades of piling up long-term debt. Last year, a State Budget Crisis Task Force headed by former Fed Chairman Paul Volcker estimated California’s long-term debt at a staggering $370 billion. . Last year, CA Gov.
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