Posted by & filed under Economic Analysis, Financial Planning, Governments & Regulators.

Description:   MarketWatch’s David Weidner checks in on Mean Street to discuss California’s economic conditions and whether it’s right that a state struggling to stay solvent is aiming to float a $10 billion bond for a high-speed rail line. Photo: European Pressphoto Agency.

Source: Marketwatch.com – video report

Date: July 13, 2012

Link: http://live.wsj.com/video/can-the-bullet-train-save-california/8C2522BB-3A9D-4C75-87BE-7C100EE04B01.html

Questions for Discussions:

  • What are the positive and negative financial and economic implications for this project?
  • Explain the reaction by the bond market?
  • How wourld you advise government planners and investors to proceed?
  • Do you think this project is good for California?

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