Saturday, May 23, 2015

Why What is Happening in Puerto Rico May Touch Every American

I read two good summary articles about how the economic crisis in Puerto Rico is connected to US politics and economics.

The first one is a good overview, while the second speaks more about the economic impacts that it might have on America.

Why Every American Should Care About Puerto Rico's Austerity Crisis

If you thought bailing out Detroit hurt the American economy, then what is happening now in Puerto Rico should get your attention. This is an older article, but if anything, the situation has gotten worse since it was written.

Puerto Rico, with at least $70 billion in debt, confronts a rising economic misery

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