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This Is How Puerto Rico Ended Up More Than $70 Billion In Debt

TedTed
in The Bullpen
FYI: Puerto Rico, and domestic entities linked to the U.S. territory, owe creditors more than $70 billion. A double-whammy of devastating hurricanes in recent months, Maria and Irma, only exacerbated the plight of the Caribbean island that sits about 1,150 miles south of Florida. Even before the natural disasters had struck, former Gov. Alejandro García Padilla (who was succeeded by Gov. Ricky Rossello) declared its situation a “humanitarian cr
Regards,
Ted
http://www.marketwatch.com/story/why-does-puerto-rico-have-more-than-70-billion-in-debt-2017-10-04/print
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