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Puerto Rico is the US Greece, unable to pay $72 billion in debts, about to go bankrupt, will trigger a contagion in the rest of the US

Posted on | June 29, 2015 | 4 Comments

 

Puerto Rico in Danger of Default

Voice of America  – ‎13 minutes ago‎
A prominent U.S. newspaper reported Puerto Rico cannot pay “roughly $72 billion in debts.” The New York Times reported Sunday that Puerto Rican Governor Alejandro Garcia Padilla and senior members of his staff have said “they would seek significant …
Puerto Rico Governor Calls Debt Unpayable as Deadlines Loom
UPDATE 1-Puerto Rico faces crucial week with key report, restructuring concerns
Puerto Rico says it cannot pay its debt, setting off potential crisis in the US
Category: Uncategorized

Comments

4 Responses to “Puerto Rico is the US Greece, unable to pay $72 billion in debts, about to go bankrupt, will trigger a contagion in the rest of the US”

  1. Atlanta Braves
    June 29th, 2015 @ 6:54 am

    Sort of like Orange County, California.

  2. Analyst...
    June 29th, 2015 @ 12:16 pm

    Poster #1:…

    It’s more like California, since Brown took over! This guy has never been a businessman, to know how to bring in a surplus, instead of a deficit!

    That’s all (D)’s do is create debt and tax, tax, and tax…and spend, spend, and spend!

  3. will
    June 29th, 2015 @ 7:07 pm

    ihv and i bet obuastard is gloating over this.. it will help him destroy the usa

  4. Paula Hoehn
    June 30th, 2015 @ 9:15 am

    Dear Orly,

    I think this event below is a sign of contagion to come:

    https://www.macon.com/2015/06/29/3821075_report-macon-wal-mart-mob-wanted.html?rh=1

    Report: Macon Wal-Mart mob wanted to see how much damage it could do
    By JOE KOVAC JR.
    jkovac@macon.com June 29, 2015 Updated 2 hours ago

    Excerpt:
    “Surveillance video of a wee-hours ruckus at a Macon Wal-Mart on Sunday shows a teenager race inside flashing gang signs ahead of a mob of four dozen or so people who burst in and smashed merchandise.

    The commotion, which caused an estimated $2,000 in damage, appears to have been planned.

    Some in the crowd also snatched a man, apparently a shopper at the Zebulon Road store, from a motorized shopping cart and dragged him to the floor, Bibb County sheriff’s officials said Monday.

    The vandals, said to number between 40 and 50, sprinted down the store’s main aisle about 1:50 a.m. Sunday, “destroying merchandise displays and items,” a sheriff’s deputy’s report of the incident noted.”

    ———-
    Paula Hoehn

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