Hmmm...
Puerto Rico’s economy is a mess.
Let’s see: a debt of about $73 billion, which comes to about 20,000 per person in P.R.
But then, I look at the per person debt for the U.S. national debt, and it comes out to about $60,000 per person.
So, why isn’t the U.S. “enjoying” junk status on its bonds too?