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greece

Government Default – It’s Going Around

Posted on July 1, 2015June 3, 2022 by Alan Daley
Government Default – It’s Going Around

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 […]

Posted in Blog, Finance / Insurance, IssuesTagged bankruptcy, debt, greece, Puerto Rico

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