What would happen if California did declare bankruptcy?

[SunnyD]

Would Nevada buy it for shits and giggles?

 

[SpunkyJones]

Mexico would foreclose on it.

 

[LtPage1]

Nevada couldn't afford our side of Lake Tahoe, much less a $40Billion economy.

 

[joesmoke]

Nevada? lol... coulda at least picked a realistic state.

 

[aigomorla]

Originally posted by: SunnyD
Would Nevada buy it for shits and giggles?

no... most likely a hugh second party investors would probably come and bail the state out for benifits.

 

[SunnyD]

Originally posted by: LtPage1
Nevada couldn't afford our side of Lake Tahoe, much less a $40Billion economy.

Oh come on... at a liquidation sale California would probably sell for a buck fiddy.

 

[looker001]

The state would have to start selling property to pay creditors. I can just see the headline, "california state buildings are for sale."

 

[AccruedExpenditure]

Originally posted by: LtPage1
Nevada couldn't afford our side of Lake Tahoe, much less a $40Billion economy.

40 billion? There are companies IN California that make that much. Try 1.8 Trillion
-AE

 

[imported_DocHolliday]

Originally posted by: AccruedExpenditure

Originally posted by: LtPage1
Nevada couldn't afford our side of Lake Tahoe, much less a $40Billion economy.

40 billion? There are companies IN California that make that much. Try 1.8 Trillion
-AE

Snow Crash anyone? http://en.wikipedia.org/wiki/Snow_Crash

 

[JulesMaximus]

I'll buy it and liquidate all the assets.

 

[joesmoke]

Originally posted by: DocHolliday

Originally posted by: AccruedExpenditure

Originally posted by: LtPage1
Nevada couldn't afford our side of Lake Tahoe, much less a $40Billion economy.

40 billion? There are companies IN California that make that much. Try 1.8 Trillion
-AE

Snow Crash anyone? http://en.wikipedia.org/wiki/Snow_Crash

i read the link and i still dont get it

 

[shocksyde]

Originally posted by: SunnyD

Originally posted by: LtPage1
Nevada couldn't afford our side of Lake Tahoe, much less a $40Billion economy.

Oh come on... at a liquidation sale California would probably sell for a buck fiddy.

So the auction has begun?

tree fiddy!

 

[imported_DocHolliday]

Originally posted by: joesmoke

Originally posted by: DocHolliday

Originally posted by: AccruedExpenditure

Originally posted by: LtPage1
Nevada couldn't afford our side of Lake Tahoe, much less a $40Billion economy.

40 billion? There are companies IN California that make that much. Try 1.8 Trillion
-AE

Snow Crash anyone? http://en.wikipedia.org/wiki/Snow_Crash

i read the link and i still dont get it

Was suggesting that businesses in California buy it and run it. Anyway, it's a good book.

 

[joesmoke]

Originally posted by: DocHolliday

Originally posted by: joesmoke

Originally posted by: DocHolliday

Originally posted by: AccruedExpenditure

Originally posted by: LtPage1
Nevada couldn't afford our side of Lake Tahoe, much less a $40Billion economy.

40 billion? There are companies IN California that make that much. Try 1.8 Trillion
-AE

Snow Crash anyone? http://en.wikipedia.org/wiki/Snow_Crash

i read the link and i still dont get it

Was suggesting that businesses in California buy it and run it. Anyway, it's a good book.

thank you. it did sound kinda cool, a half black half korean hacker/swordsman who delivers pizza... for the mob

 

[Quasmo]

Thats what you get for being socialist.

 

[Queasy]

Lex Luthor will set off a series of detonations along the San Adreas fault to send most of California hurtling into the sea.


Dibs on Otisburg.

 

[Newbian]

Go watch Demolition Man and see what they did to California.

 

[Jschmuck2]

Originally posted by: Quasmo
Thats what you get for being socialist.

Grow up.

 

[KevinH]

Originally posted by: Jschmuck2

Originally posted by: Quasmo
Thats what you get for being socialist.

Grow up.

There is a hint of truth to that though.

 

[IGBT]

..all union contracts would be void. it would be restructured as a right to work state.

 

[So]

Originally posted by: SunnyD
Would Nevada buy it for shits and giggles?

We'll buy the good parts (the ones along our border and to the north) for pennies on the dollar. You guys can keep LA and SF, thank you very much.

 

[SunnyD]

Originally posted by: So

Originally posted by: SunnyD
Would Nevada buy it for shits and giggles?

We'll buy the good parts (the ones along our border and to the north) for pennies on the dollar. You guys can keep LA and SF, thank you very much.

That's what I thought.