Do you want to know the 10 American States on the Brink of Bankruptcy in 2025?

[sage2021]

https://youtu.be/bfkN46Z-loM?si=_n6RhN_fLrpSi1Nl

1. Mississippi
2. Alabama - the poorest state in the nation
3. Louisiana
4. West Virginia
5. Kentucky
6. Texas
7. Arkansas
8. Michigan
9. Nevada
10. Rhode Island

[Bricealan]

@sage2021 Sheryl, that sound about what I would espect.

[sage2021]

@Bricealan
I didn't expect Texas to be on the list because so many people left their homes and moved to Texas and Florida.
I'm surprised that California wasn't on the list because of the stupid Governor!!🤪

[Spencer10]

Most are red states... interesting.

[sage2021]

@Spencer10
Why do you think this is?

[exitseven]

Massachusetts should be on the list too. They will never be able to raise enough money to cover the deficit and all the reserves have been spent. Unless they sell some property I cannot see a way out. I think they kept off this list because they want to keep it quiet.

[LiamJHayden]

California has massive long term unfinanced public pension debt, with some estimates as high as more than thrice our annual budget, but apparently that is not coming home to roost in 2025.