http://money.cnn.com/2015/08/03/investing/puerto-rico-default/Damn, I can't believe this is happening so close, it's unbeliable but it was unavoidable. 58 million of unplayable fee. I really hope these guys don't get all of their money stolen. Only if we were in 2025 they could have had a chance with Bitcoin we are still on the very early days.
I opened a thread amongst all the Greek havok about this default incoming
It was set to happen and given that most of the debt is American that was bound to happen.
Death spirals are really tough.
Puerto Rico is not Rico anymore
Rico means Rich
Now its Just Puerto ....