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主题:【原创】闲话82:美国黄巾军(1) -- 井底望天

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家园 extreme example

Arizona has one of the biggest housing bubbles and suffered most from the collapse.

Its problem started to pop out earliest among all states, in 2007.

It is the first state to force forlough for public sector employees.

Your counterparts use Texas--Texas is also the non-typical state: because of its huge revenue inflow from the high 2008 oil price.

Texas suffered very little from the housing bust and benefitted a lot from the 2003-2008 oil price boom.

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