About two weeks ago....retired Air Force Maj. Gen. William Neil McCasland, age 68, disappeared from his Albuquerque home (leaving on foot). He left his cellphone and wallet in the house.
So the interesting thing about the guy? He was all 'in'....on the UFO business for most of his career.
My belief in the disappearance? It's one of two things: (1) aliens came and picked him up....or (2) the Chinese finally realized his value....kidnapping him to advance their UFO program.
There are around seven to ten states (Cal, OR, WA, NJ, ILL, Virginia, Delaware....as a minimum)....that will have a cash imbalance situation....with massive debt owed to banks over loans....covering pensions, salaries and operational costs....where companies simply said enough, and left.
When that day arrives....the states will turn to the federal government for a bailout. In the case of California....it's probably in the range of $50-Billion with a second year bailout likely in the same range.
This being strictly a state thing? No....I would imagine at least one-hundred cities lined up with the same imbalance problem...with Portland and Seattle at the front of the group.
Will the feds save them? I think it's highly unlikely.
So I'll predict three things likely occurring in lightning speed: pensions across the board cut by 50-percent, property taxes in cities like Portland and Seattle doubling (triggering a massive exodus), and public services (like fire departments and libraries) curtailed.
When does the fallout occur? 2026? No....nor in 2027. Somewhere between 2028 and 2030....the collapse will start to occur....with some banks saying 'enough'....that they don't believe states can honor the loans currently existing.
I'm also of the mind....that very negative 'wording' (like 'ghetto-states') will come to exist.
So....settle back....it will be an entertaining event to watch.
