Steve Patterson's Substack
Patterson in Pursuit
Puerto Rico Has Gone Bankrupt
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Puerto Rico Has Gone Bankrupt

The economic principle is clear: you cannot borrow money indefinitely to pay your bills. Eventually, the bills come due. You can only delay the inevitable. This is a law of economics, and it applies to every country on earth, including the United States.

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Steve Patterson's Substack
Patterson in Pursuit
Philosophy in the real world. Interviewing intellectuals across the globe. Grappling with the biggest ideas.