Sunday, June 28, 2015

Speaking of Greece

Puerto Rico’s Governor Says Island’s Debts Are ‘Not Payable'

2 comments:

August said...

They have also recently restructured their business/tax structure in an attempt to attract more people (with wealth) to the island. It will be interesting to see if it stands. Lenders seem to be more afraid of default than debtors- well, I guess this guy doesn't necessarily feel responsible for all the things his predecessors did.

They want to be the next Singapore.

Alice Linsley said...

I hope Puerto Rico can get it together. However, there needs to be a stop of government corruption on the island. Millions of federal funds are unaccounted for.