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Thread: Peurto Rico $72 Billion debt.

  1. #1
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    Default Peurto Rico $72 Billion debt.

    http://www.cnbc.com/2015/09/09/puert...llion-gap.html

    Bad at maths.

    They intend to pass a budget that will bring them up to *Only* 12 Billion in debt.

    I can imagine the US will use Peurto Rico as to what mega corporations do when they start falling apart. Spin off the losers take the bankruptcy, and keep the winners.

    I guess there was a reason they labelled it an "Unincorporated territory of the United States."
    Cocoa $11,000 per tonne.

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    Default

    ..
    Last edited by Sugarphreak; 08-14-2019 at 02:19 PM.

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    Is it possible to buy a country? Carlos Slim and Bill Gates should pool their billions and buy Puerto Rico 50/50

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    I wonder, if they had an Escobar offer would they take it

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    Ripe for the pickens.

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