25 sats \ 3 replies \ @Undisciplined 7 Nov \ parent \ on: Political Polarization Relatively Strong in the U.S. Politics_And_Law
California became wealthy through genuine economic productivity and has devolved into a welfare state. That's very similar to the story in much of Europe.
My point is that California wouldn't be any worse off than a typical European nation. That may be worse than its current situation, but it's not really a complete collapse.
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These are all reversible short-term issues, though. I'm not aware of any reasons that CA can't get better, but they will have to work through these problems. That's true whether or not they're independent. The state is on a major decline and that will likely result in a bunch of government defaults on various financial obligations.