RT News In a phenomenon that seems to be worsening with each and every hour, a widespread fiscal crisis in California is quickly propelling the state into bankruptcy, city by city.
Within a matter of only one month, three cities in California have officially sought bankruptcy protection, with a request out of San Bernardino on Tuesday being just the latest episode in recent surge of unfortunate fiscal news on the West Coast. Coming off of similar measures by way of officials in Stockton and Mammoth Lake, California is experiencing a departure into the deep end across the entire state that no authority seems ready to handle.
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