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Can anything save Puerto Rico from default? (30 cents on the dollar haircut)
CBS News ^ | 7/30/15 | BRUCE KENNEDY

Posted on 07/30/2015 4:08:08 PM PDT by jimbo123

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To: jimbo123

I suspect Florida as well as a lot of other states will see a sudden influx of Puerto Rican economic refugees who can come here legally and add to the unemployment and welfare lines - maybe even squeeze out the illegals.


21 posted on 07/30/2015 5:33:28 PM PDT by Oatka (This is America. Assimilate or evaporate. [URL=http://media.photobucket.com/user/currencyjunkie/me)
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To: jimbo123

Can’t we just give them a new loan to pay for the old loan? I mean that’s what they did in Greece. And when they default on loan #2, they get loan #3 to pay for loan #1 and loan #2. It seems to be the modern way with finance.


22 posted on 07/30/2015 6:58:47 PM PDT by Flick Lives (One should not attend even the end of the world without a good breakfast. -- Heinlein)
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