Is California Going Bankrupt?

i grew up poor, and i was so scared. I found out about these municipal bonds that were revenue backed. We could see a san francisco and new york and illinois, like you're saying, reached riach breaking point. Is that even possible that a major city could go bankrupt? Wel o seem to get balled out. You knowt the only guys who can print money are the federal government. The state governments can't print so i think you know the facts. Well, come home to roost at some point for some of the more irresponsible states and cities.