Executive Summary - There are now 10 states in the USA that are insolvent and expected to file for bankruptcy in the fairly immediate future (2010).
Which 10 States - California, Arizona, Florida, Illinois, Michigan, Nevada, New Jersey, Oregon, Rhode Island and Wisconsin. These 10 states account for over one third of the USA population and this is significant. Think of it is more then 33% of the USA going bankrupt.
Other States on the Endangered Species List - Colorado, Georgia, Kentucky, New York and Hawaii. These states are in bad shape and can easily get pushed over into bankruptcy.
The U.S. is not bankrupt.... just over-extended. ;-)
from what i heard yes it is going bankrupt and they are closing.
"One tip, sometimes going bankrupt is a good thing. If the company is relying on millions of dollars from the government, bankruptcy can remove all that pressure. But this is only for the last resort."
no
Yes
yep
no. why would it?
no
It is difficult to determine a specific number of Democratic-run states that are on the verge of going bankrupt. The financial health of states can vary due to a range of factors, including economic conditions, budget management, and policy decisions. While some Democratic-run states may face fiscal challenges, it is important to note that states from both political parties can experience financial difficulties.
us energy company that went bankrupt in 2001
i hope they are ! i hope they are !
No Posted by JM