Puerto Rico Could Make Detroit Look Like a Cakewalk
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  • Corlyss

    I guess it’s too late to give PR back to Spain . . .

    • Pete

      Probably but it is never too late to give the island its independence.

  • Anthony

    WRM, most important fiscal/budgetary background: 59% of labor force on sideline; 1% bond debt restructured; 93% unfunded pensions (data from Quick Take).

  • Kavanna

    This may be the moment when more arm-twisting gets the Fed to break the legal barriers to buying municipal debt.

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