Monday, January 25, 2016
Puerto Rico Debt Crisis: How Did We Get Here?
Puerto Rico continues to struggle under a massive debt crisis and a
flagging economy. How did the situation get so bad? And what can
The situation has been dire for some time, with the semi-autonomous
US territory suffering from an economic recession for nearly a decade.
But alarm bells truly began ringing during the summer of 2015 when
Puerto Rico's governor, Alejandro Padilla, said that the island would
be unable to pay its bills...[CONTINUE READING]