💥 BREAKING: California Wealth Exodus 🇺🇸 $ETH
The state of California has reportedly lost $1 TRILLION in wealth as billionaires and high-net-worth residents move out.
📉 What’s driving it: • High taxes
• Cost of living crisis
• Business regulations
• Remote work = easy exits
• Capital chasing friendlier states
⚠️ Why it matters: • Shrinks the tax base
• Pressures state budgets
• Jobs & investment leave
• Power shifts to low-tax states
• Long-term growth at risk
🏃♂️ Money is mobile.
📍 States are now competing for capital.
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#California #WealthShift #Economy #Billionaires #BreakingNews