Too Much Borrowed Money – Puerto Rico Is ‘Bust’

It had to happen. Iceland couldn’t be the only government to ‘go under’ during this financial crisis.
This is one of the problems with a global recession, it is very hard to guess what is actually at risk. It could be everything, or it could be nothing.
Either way, the impact of too much borrowed money is [...]

Tags: global recession, iceland bankrupt, puerto rico bankrupt, puerto rico bust