The story of mall closures is complex, but creditors could be the unsung lynchpins in America’s ever-widening retail closure pandemic. To read our commentary, visit Investor Business Daily.
At the end of June 2015, Puerto Rico’s governor announced the Commonwealth was unable to repay the $72 billion in bonds and obligations it has amassed. The debt load owed by the 3.6 million Puerto Ricans is $20,000 per capita. In comparison, the current debt crisis in Greece is more severe at $28,475 in per […]