Puerto Rico: Governor Says Country Won't Be Able To Make Debt Payments For 5 Years

[Swordsmyth]

Puerto Rican (https://worldview.stratfor.com/article/puerto-rico-wont-be-51st-state-anytime-soon) Governor Ricardo Rossello released a revised fiscal turnaround plan Jan. 25, which projects budget gaps that will keep the country from be able to begin payments on its $72 billion bond debt until 2022, Reuters reported Jan. 25.

More at: https://worldview.stratfor.com/situation-report/puerto-rico-governor-says-country-wont-be-able-make-debt-payments-5-years

[jkr]

#MEtooooo

[phill4paul]

What does it matter what the Governor thinks? Pretty sure the Feds took over PR's financials under the Obama administration.

[oyarde]

If they have problems they need to fix them .

[Swordsmyth]

If they have problems they need to fix them .

And we need to cut them loose as an independent nation.

PRExit.

[timosman]

US should do the same.