According to this financial analysis, even if the state were to re-open tomorrow it would still fact a mind blowing budget shortfall due to a collapsing tax base and catastrophic overspending on "progressive" (sic) boondoggles. By contrast, if it fails to open in the near term future, its fiscal future will rival that of the Weimar Republic in its final days. Of course the rest of the country will be shedding crocodile teams for the Golden State... right?
Link: https://www.city-journal.org/california-record-breaking-deficit