Why California Is Doomed

[werewolf34]

Truth is CA is one of the best state for professional corporate white-collar jobs (excl doctors, dentists, lawyers)

You can leave but where are you going to get paid that kind of money? NYC, no thanks

[poorgradstudent]

So there will never be another boom again?

I agree that California’s economy was pretty heavily leveraged on sectors that do well during the up part of economic cycles. Wait, what was that last word. Cycle… cycle.

Just as when times were good people felt the good times would last forever, there’s an emotional tendency for people to think economic downturns will last forever. The smart money buys when everyone else is scared to and sells when everyone else still thinks there is gas in the tank.

By 2011 people will have all but forgotten the recession, and 2012-2013 will be a new boom.

[poorgradstudent]

So there will never be another boom again?

I agree that California’s economy was pretty heavily leveraged on sectors that do well during the up part of economic cycles. Wait, what was that last word. Cycle… cycle.

Just as when times were good people felt the good times would last forever, there’s an emotional tendency for people to think economic downturns will last forever. The smart money buys when everyone else is scared to and sells when everyone else still thinks there is gas in the tank.

By 2011 people will have all but forgotten the recession, and 2012-2013 will be a new boom.

[poorgradstudent]

So there will never be another boom again?

I agree that California’s economy was pretty heavily leveraged on sectors that do well during the up part of economic cycles. Wait, what was that last word. Cycle… cycle.

Just as when times were good people felt the good times would last forever, there’s an emotional tendency for people to think economic downturns will last forever. The smart money buys when everyone else is scared to and sells when everyone else still thinks there is gas in the tank.

By 2011 people will have all but forgotten the recession, and 2012-2013 will be a new boom.

[poorgradstudent]

So there will never be another boom again?

I agree that California’s economy was pretty heavily leveraged on sectors that do well during the up part of economic cycles. Wait, what was that last word. Cycle… cycle.

Just as when times were good people felt the good times would last forever, there’s an emotional tendency for people to think economic downturns will last forever. The smart money buys when everyone else is scared to and sells when everyone else still thinks there is gas in the tank.

By 2011 people will have all but forgotten the recession, and 2012-2013 will be a new boom.

[poorgradstudent]

So there will never be another boom again?

I agree that California’s economy was pretty heavily leveraged on sectors that do well during the up part of economic cycles. Wait, what was that last word. Cycle… cycle.

Just as when times were good people felt the good times would last forever, there’s an emotional tendency for people to think economic downturns will last forever. The smart money buys when everyone else is scared to and sells when everyone else still thinks there is gas in the tank.

By 2011 people will have all but forgotten the recession, and 2012-2013 will be a new boom.

[scaredyclassic]

i will never be young again.

[scaredyclassic]

i will never be young again.

[scaredyclassic]

i will never be young again.

[scaredyclassic]

i will never be young again.

[scaredyclassic]

i will never be young again.

[desmond]

[quote=Nor-LA-SD-guy]hmmm,

I guess we will have to wait and see if the State goes into a black hole of no return or rebounds.

I just happen to believe the state will rebound in the next five years. But if you believe it’s doomed maybe you should move to another state.

There are Plenty more to take your place.

I don’t think anyone will block your exit.[/quote]

Your brought up another reason why California is doomed:
http://www.sacbee.com/2010/03/07/2586557/the-conversation-as-golden-dreams.html

[desmond]

[quote=Nor-LA-SD-guy]hmmm,

I guess we will have to wait and see if the State goes into a black hole of no return or rebounds.

I just happen to believe the state will rebound in the next five years. But if you believe it’s doomed maybe you should move to another state.

There are Plenty more to take your place.

I don’t think anyone will block your exit.[/quote]

Your brought up another reason why California is doomed:
http://www.sacbee.com/2010/03/07/2586557/the-conversation-as-golden-dreams.html

[desmond]

[quote=Nor-LA-SD-guy]hmmm,

I guess we will have to wait and see if the State goes into a black hole of no return or rebounds.

I just happen to believe the state will rebound in the next five years. But if you believe it’s doomed maybe you should move to another state.

There are Plenty more to take your place.

I don’t think anyone will block your exit.[/quote]

Your brought up another reason why California is doomed:
http://www.sacbee.com/2010/03/07/2586557/the-conversation-as-golden-dreams.html

[desmond]

[quote=Nor-LA-SD-guy]hmmm,

I guess we will have to wait and see if the State goes into a black hole of no return or rebounds.

I just happen to believe the state will rebound in the next five years. But if you believe it’s doomed maybe you should move to another state.

There are Plenty more to take your place.

I don’t think anyone will block your exit.[/quote]

Your brought up another reason why California is doomed:
http://www.sacbee.com/2010/03/07/2586557/the-conversation-as-golden-dreams.html

[Author]

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