T
o the Editor,

    California's economic woes are a global concern, with Los Angeles and San Francisco being prime examples of rotting USA economic hubs. The decline of Silicon Valley has had a ripple effect on San Francisco, while Hollywood's downturn threatens to sink Burbank's assets overnight.

    As Hollywood-Burbank teeters on the brink of collapse, its residents must confront the harsh reality that their city is rapidly becoming a relic of the past, much like parts of Silicon Valley. This region is forming a zone of stranded assets, including buildings, workers, and pensioners, who are ill-equipped to weather the economic storm expected in the post-COVID era.

    The psychological impact on residents will be significant, as they struggle to come to terms with the decline of their city's economy. Real-estate speculators may soon lose interest in investing in Hollywood-Burbank, given its obvious decay and the fact that corporate intrusions continue to ravage the area.

    It's a bleak outlook for Burbankers, who will suffer the consequences of inaction from their city council. The city's infrastructure may eventually become a relic of the past, much like the Atari video games buried in an Alamogordo landfill in 1983, only to be rediscovered and revived years later. Richard B. Cathcart, Burbank