As its debts become due today, here’s why Puerto Rico really is not Greece

by Rashmee

Posted on August 1, 2015


On Saturday, August 1, Puerto Rico’s debt payments become due. The US territory has to deliver $58 million in so-called “moral obligation” bond payments. It can’t. And it probably won’t. For those who liken Puerto Rico’s situation to that of Greece, here is a basic fact: Puerto Rico is NOT the Greece of North America. Here’s … Continue reading “As its debts become due today, here’s why Puerto Rico really is not Greece”

Read More

Rashmee has lived and worked in several countries in the past decade, including Afghanistan, India, Haiti, Tunisia, the UAE, US and UK