They are too deep in the socialist death spiral to pull out. Epic fail will have to occur.
Well, just realize that if California fails, the US fails. They are too big of a part of the US that their failure can be taken lightly. Either we bail them out (more debt) or we become bankrupt as a nation.
California needs a Chris Cristie to save them but I doubt that anyone like him would have a chance there... The California legislature is still running in the 70’s with no relief in sight...