California leads the way

[costard]

Apparently Wall Street is getting jittery about the discrepancy between profit reports (positive) and consumer sentiment (negative). If they cannot understand that the discrepancy merely describes the imbalance in legislation aimed at the nation's economic development - the corporation is better represented than the consumer in the legislative outcomes of the political process -then they are hardly likely to be able to adequately assess the degree of sovereign risk they face. The pendulum will swing back, and if it takes another market collapse to bring this about it will be a savage swing indeed.

[noxnoctum]

Bah, when pot is legalized in November the huge revenue the Cali gov will get will fix a lot of issues.