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Archive for May 10th, 2010

10
May

San Diego City and the State of California are in Real Bad Shape

San Diego California

Well, if you are a regular reader of this blog you know what a hit our housing market has taken. But, do you also know how bad San Diego’s finances really are?

Professors say that state pension fund as presently set up have only a 1 in 20 chance of paying their obligations 15 years from now, according to Barron’s.

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