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To: rrstar96

http://www.bloomberg.com/news/articles/2015-11-25/puerto-rico-s-dec-1-deadline-a-guide-as-possible-defaults-loom

A more complete picture of the incredible debt situation PR is in.

Look at the unsustainable yields on the debt.

Another Cyprus.


8 posted on 01/01/2016 7:22:04 PM PST by exit82 ("The Taliban is on the inside of the building" E. Nordstrom 10-10-12)
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To: exit82

I was raised in Puerto Rico and recall we didn’t have the most efficient government out there. Little did I know it would come to this.

The Epiphany is an integral part of the island’s Christmas festivities. Goodbye to the annual big bash the Commonwealth government would throw on that day, leaving the municipal governments to pick up the slack to some degree.


9 posted on 01/02/2016 6:44:02 PM PST by Ebenezer (Strength and Honor!)
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