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what if... your state went bankrupt!!

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  • #16
    I am definitely concerned about the massive amount of debt we're accruing! We're paying our house off this year, which will put a dent in the 401K but will also reduce our monthly expenses significantly. With both of us being retired, that's an important consideration. I anticipate rising prices but I'm hopeful that a great deal of manufacturing will return to the US and I'll take made in America over made in China anyday.

    For now, we're trying to conserve cash and since everything's closed, it's not that hard. We're set up well here: low utilities, low taxes, low insurance. As long as this state stays on the conservative end, we should be fine. Elect a liberal govt in FL and all bets are off. Elect a liberal president and the whole country is in for a rough ride!

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