I would look up the rules of each state. When can this state declare bankruptcy? Oh, never. They're not allowed to declare bankruptcy or in the case of California, they have to first fire every single teacher and every single policeman before they can declare bankruptcy. And you know, so I would buy these clothes and funds yielding huge amounts, but also I invested in private companies because private companies, you don't see their value every day. Like, oh, here's a company that's going to ride the wave of Facebook growth.

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