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Staving Off the Next Crisis in California

13 Jul by Mike Gatto

Crises are always foreseeable with the benefit of hindsight.  Here, I explored the next looming financial crisis in California: a system where cities are losing money just by continuing to exist, and one that could cause serious pain for millions of Californians if not addressed.

Filed Under: Fiscal & Monetary Policy Tagged With: borrowing, California, COLAs, financial crisis, inflation, investing, low interest rates, pensions

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