It's a mess. Lots of people have a finger in the pie. Basically, PR is bankrupt. And it is attracting some of the worst kind of vulture capitalists and government hacks. But, it is a laboratory of what happens with people who spend too much for what they earn:
http://www.nytimes.com/2015/12/20/us/politics/puerto-rico-money-debt.html
Sunday, December 20, 2015
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