Capital Flow Watch

California (pronounced /kæl??f?rnj?/) is the most populous state in the United States, and the third largest by area. California is the second most populous sub-national entity in the Americas, behind only São Paulo, Brazil. It is located on the West Coast of the United States, and is bordered by Oregon to the north, Nevada to the northeast, Arizona to the southeast, the Mexican state of Baja California to the south, and the Pacific Ocean to the west. Its four largest cities are Los Angeles, San Diego, San Jose, and San Francisco. The state is home to the nation’s second and sixth largest census statistical areas as well as eight of the nation’s fifty most populous cities. California has a varied climate and geography, and a diverse population.
California is the third-largest U.S. state by land area, after Alaska and Texas. Its geography ranges from the Pacific coast to the Sierra Nevada mountain range in the east, to Mojave desert areas in the southeast and the Redwood–Douglas fir forests of the northwest. The center of the state is dominated by the Central Valley, one of the most productive agricultural areas in the world. California is the most geographically diverse state in the nation, and contains the highest (Mount Whitney) and lowest (Death Valley) points in the contiguous United States. Almost 40% of California is forested, a high amount for a relatively arid state. (Wikipedia Jan 2010)