[QUOTE=Dick Nearhoof;638318]
Quote:
Originally Posted by Eddies66
And as you well know debt is not the only item when determining the value of any business or state California’s total assets worth $301.1 billion.
OK Eddie that still leaves $53 billion in debt. Exactly what are the assets you are talking about and who would buy them?
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State assets means, land, buildings, infrastructure and vehicles. And California has a lot of this.