[FairOpinion]

CA is the world's fifth largest economy.

If CA goes bankrupt, it will have a major negative impact on the US and the world economy.

"Overall, the United States is the world's top economy followed by Japan, Germany, the United Kingdom, California [if it were broken out as a country] and then France. "

[Lancey Howard]

If CA goes bankrupt, it will have a major negative impact on the US and the world economy

And that is why the US Congress will not let the place go belly up. The US Congress willl rescue California with a bailout. And in return, Congress will "oversee" every last line of every state budget. California will be baby-sat like.... the District of Columbia, for example.

[Prime Choice]

CA is the world's fifth largest economy.

It's my understanding that California was the world's 5th largest economy. Last I heard, under Gray Davis, it became the world's 6th largest economy.

[Kevin Curry]

CA is the world's fifth largest economy.

With the fall of the Soviet Union, CA is the most powerful socialist state on the planet.