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Kiyosaki Warns of California's Financial Crisis

This is a California news story, published by MSN, that relates primarily to Robert Kiyosaki news.

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Moneywise

Moneywise

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‘California is going broke’: Robert Kiyosaki warns the Golden State will raise taxes, cut subsidies to the poor, see a rise in crime — and the rest of America will follow. Here are the facts

Moneywise

Summary

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74% Informative

Author Robert Kiyosaki says California is going broke, raising taxes and cutting subsidies to the poor.

California 's government recently passed a budget for 2024-25 that aims to maintain fiscal stability.

The budget addresses a $46.8 billion shortfall with a balanced package of solutions, including $16 billion in spending reductions.

Despite facing fiscal hurdles, California boasts a massive economy and ranks among the world's largest.

VR Score

75

Informative language

74

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9

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formal

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English

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49

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not hateful

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short-lived

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https://moneywise.com/insurance/auto/v-save-money-auto-insurance?throw=C1HALF_streamline&placement=placement_2&utm_source=syn_msna_mon&utm_medium=Z&utm_campaign=61172&utm_content=syn_4c4644f8-3ac8-47fb-93fc-8cd658bf9d70 https://ebudget.ca.gov/2024-25/pdf/Enacted/BudgetSummary/Introduction.pdf https://www.redfin.com/state/California/housing-market https://www.gov.ca.gov/2024/04/16/california-remains-the-worlds-5th-largest-economy/https://lao.ca.gov/Publications/Report/4819 https://www.bls.gov/web/laus/laumstrk.htm https://moneywise.com/investing/10-things-to-look-for-when-choosing-a-trading-platform?throw=C1WTRN3_streamline&placement=placement_3&utm_source=syn_msna_mon&utm_medium=Z&utm_campaign=61172&utm_content=syn_26f5f2ec-2b0e-44b8-a7b8-483268d2632c https://moneywise.com/retirement/alt-money-moves-you-should-make-right-now?throw=C1DM3_streamline&placement=placement_1&utm_source=syn_msna_mon&utm_medium=Z&utm_campaign=61172&utm_content=syn_b22bb8a2-4b10-46de-9afd-2e93a735b276 https://moneywise.com/insurance/auto/official-car-insurance-finds-you-the-lowest-rates-in-minutes?throw=C1DM2_streamline&placement=placement_1&utm_source=syn_msna_mon&utm_medium=Z&utm_campaign=61172&utm_content=syn_fa6469cb-8b9c-4698-bc49-47e655aa1dee https://moneywise.com/investing/alternative-investments/hedge-your-portfolio-with-commercial-real-estate?throw=C1DM1_streamline&placement=placement_1&utm_source=syn_msna_mon&utm_medium=Z&utm_campaign=61172&utm_content=syn_555aecc3-998d-4f86-ba09-78a6bd2f90d0 https://moneywise.com/investing/alternative-investments/ways-to-hedge-against-high-inflation?throw=C1WTRN1_streamline&placement=placement_3&utm_source=syn_msna_mon&utm_medium=Z&utm_campaign=61172&utm_content=syn_143d9fe4-84ee-4247-a9ff-3dc99ed2123c https://x.com/theRealKiyosaki/status/1818043850721738917 https://moneywise.com/investing/alternative-investments/jeff-bezos-oprah-winfrey-invest-in-this-asset-to-keep-wealth-safe?throw=C1WTRN2_streamline&placement=placement_3&utm_source=syn_msna_mon&utm_medium=Z&utm_campaign=61172&utm_content=syn_4cac05f6-5e55-44e7-ab3e-cfa6127ecff6

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moneywise.com ebudget.ca.gov www.redfin.com www.gov.ca.gov lao.ca.gov www.bls.gov x.com

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