There was something about the idea of the Californian Governor talking about fiscal responsibility as the “would be” eighth largest economy in the world remains in significant “meltdown”. All those Arnie films lend themselves so readily to the idea of dramatic meltdown, but even Arnie is having a tough time fighting something as paperweight as an economic disaster. Something about the story reminded me of the old Corona fizzy drink adverts – let’s get fizzical… I mean fiscal.

The BBC cover this story in alarmist fashion today

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