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RE: The Economic System Is Ripping Itself Apart & Will Lead To "Cataclysmic Events" - Episode 1309a

in #economy7 years ago (edited)

I took few minutes, and found California being the leader - residents make around $28,000 annually on average and per-resident debt balance is $65,740. This gives Californians a debt-to-income ratio of 2.34 on average. But Illinois may be without proper income, so the state is close to declare bankruptcy

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