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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Puerto Rico Has Gone Bankrupt
stevepatterson.substack.com
Puerto Rico Has Gone Bankrupt
May 12, 2017
Patterson in Pursuit
Philosophy in the real world. Interviewing intellectuals across the globe. Grappling with the biggest ideas.
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Puerto Rico Has Gone Bankrupt