We are doomed
Scam.
Puerto Rico wins? Puerto Rico has lost its hope for prosperity for 40 years. Generations will become hostages of an Agreement good for hedge funds
trilingual1946 👍 PuertoRico
There are going to be some pissed off bondholders on this deal. Making them take a 33% haircut on bonds that were backed by taxation? The haircuts on lesser bonds may be a total bloodbath. May make it even tougher to float bonds post restructuring.
realDonaldTrump continues to insist that Puerto-Ricans are not Americans and that the territory should not be granted statehood, because leadership there is a failure and because they have very serious financial problems. Fact check Trump's bankruptcies:
AntonioParis Good News Dr. P.
So it's ok for *some* people to repudiate their debts.
Puerto Rico has become a giant wart on our country's ass. As a taxpayer I'm tired of all these political bailouts. Time to start voting out our current politicians and get some new blood! $22 trillion in debt and they keep spending like the whores they are. Enough is enough!
Yeah’ can’t wait for Puerto Rico to be our 51st state.
The corruption in PR is off the charts.
PR is such a disaster. They'll never pay anyone back.