The Most Bankrupt States in America | 489


What are the states that are in real financial trouble right now?   Which one’s are getting close to bankruptcy?

While some states are still doing good in terms of financial situation, some states are struggling now. There are several factors why states are not performing equally when talking about the economy. These factors include state debt, pension responsibilities, and tax rates. In this episode, Chris Miles talks about the most bankrupt states in the US and the reasons why these states are on the list.

Learnings From This Episode:

  • Why California’s Bankruptcy is Not a Big Deal Despite it’s Debt
  • Reasons Why Illinois is the Worst State from Surveys
  • Other States that Are Struggling and Their Problems Financially
  • Strongest and Most Physically Responsible States in Terms of Economy and Financial
  • Ranking Basis of Most Struggling and Strongest States
  • Worst States with Higher Tax Rates
  • Why People Believing that Socialism Will Work Are Wrong
  • What Made Flat Tax System a Good Idea

Reference On This Episode:

Chris Miles, the “Anti-Financial Advisor,” is a leading authority on how to quickly free up and create cash flow for thousands of his clients, entrepreneurs, and others internationally! He’s an author, speaker, and radio host that has been featured in US News, CNN Money, Bankrate, Entrepreneur on Fire, and spoken to thousands getting them fast financial results.