The unexpected downfall of the Californian empire (2010)

« California's day of reckoning is here. Our wallet is empty, our bank is closed and our credit is dried up [...] People are writing California off ». These alarming words were part of California Governor's address to his constituents in June 2009. Indeed, the Golden state is badly strapped for cash: for over a year, 38 million Californians have been helplessly looking on as their empire was falling apart. The avalanche of subprimes was followed by a fiscal deficit, rampant unemployment, and increasing homelessness. The Golden State might have to change its moniker. Even Hollywood stars have lost their shine. While State officials explore solutions to cover off the deficit, some argue that legalizing cannabis would provide much needed revenue. This is a real felt immersion into the heart of a fallen empire.