Puerto Rico Has Defaulted on Their $70 Million of Municipal Debt

anthonybsanders.wordpress.com ( Original )
APR 5, 2017

ORIGINAL SOURCE: PUERTO RICO DEFAULTED MUNI BONDS PLUNGE TO $62.50 WITH YIELD OF 13.246% by Anthony Sanders of anthonybsanders.wordpress.com on 4/5/2017

Puerto Rico shows that the problem of governments promising social programs, retirement benefits and with high unemployment and population outflows, theres no real way to fund them.

Please the rest here; PUERTO RICO DEFAULTED MUNI BONDS PLUNGE TO $62.50 WITH YIELD OF 13.246%

GoldSilver Latest News

See full story:

El Erian Warns 'Wonderful World of Liquidity' Won't Last Forever

See full story:

The Corporate Debt Bubble Is A Train Wreck In Slow Motion

See full story:

Jamie Dimon Actually Does Own Negative Yielding Bonds, & You May, Too

See full story:

The Fed Will Never Allow the Lack of Liquidity?: MN Gordon

See full story:

Stocks Turn Red As US Confirms 2nd Coronavirus Case In Chicago

See full story:

Bridgewater: The Role of the U.S. Dollar 'Is Inevitably Going to Fall'

See full story:

Central Bankers Are Going to Have a Hard Time Getting out of Their Mess

See full story:

Mnuchin Says a Carbon Tax Is a “Tax on Hard Working People.”

See full story:

Economist Carmen Reinhart Says Economic Expansion Won’t Last Forever

See full story:

U.S. Hits New Low in Global Corruption Index

See full story:

The Debate Is Over: In Two Months "Not QE" Officially Becomes QE 4

See full story:

World's Richest Are Stashing 'Large Sums' Of Cash Against Negative Rates

See full story:

Mnuchin Says U.S. Government Must Cut Spending, Shrink Deficits

See full story:

Rate Cuts Revive February Inflation Spike Fears in Argentina

See full story:

India Needs Foreign Capital to Fund Record Borrowing, IDFC Says