Puerto Rico: A Debt Problem That Kept Boiling Over
Tax-free bonds enshrined in a 1917 federal law, combined with a constitutional guarantee to creditors, helped build Puerto Rico’s staggering levels of debt. [Source]
Publication Date:Origin: nytimes.com
Category: Puerto Rico
Topics: Puerto, levels, staggering, Rico’s, build, helped, creditors, guarantee, constitutional, combined, federal, enshrined, bonds, Tax-free, Boiling, Problem
Source: https://www.nytimes.com/2017/05/05/business/dealbook/puerto-rico-debt.html?partner=rss&emc=rss