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Puerto Rico, Illinois, New Jersey: The Downward Spiral Continues
FYI: It has been almost a year since our book Adventures in Muniland was released, during the week before Puerto Rico defaulted for the first time, on August 1, 2015 – see . Our book, a comprehensive guide to municipal bond investing in the post-crisis era, featured a full chapter on Puerto Rico. Regards, Ted http://ritholtz.com/2016/05/161545/
