Muniyield Calif Fund Inc (MYC)

[Slim6]

California is teetering on bankruptcy. Most people who live there believe the debt is $50 billion or less. But in actuality, it is $619 billion in debt !! The debt is growing by over $100 billion per year (they are spending $826 billion per year but bringing in only $665 billion per year). Dire.

[Tanail]

scanned today ....



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