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LA in the 80’s was on a defense spending sugar high, we had rates in the 11’s and housing was going nuts. well until the sugar was removed about 1989.
I am super busy and company is doing very well as well even with covid and everyone working at home (just a data point).
One more data point I think people forget, back in the 80’s California was a red state (it goes back and forth believe it or not).
