X @Balaji
Balaji·2026-01-24 13:20

No. When the capital leaves, the startup jobs will too. And most capital is actually already in Asia or on the Internet.Also, no, it’s not easy to fix California. It wasn’t easy to fix Detroit or Rome either.Perhaps the post-dollar/post-tech California can eventually be rebuilt after the collapse. But it’s more likely that the Chinese Communists will move into the power vacuum, and keep the California Democrats in a tightly controlled box.Enid Magari (@enidmagari):@balajis Maybe the capital class believes t ...