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Puerto Rico is Bankrupt!
Another crack in The Keynesian money theory. The Us dollar is crumbling while gold has spiked once again as we wait for Yellen to stimulate a sick slow growing economy with phony presidential candidates feeding the sheple more lies about recovery of The US economy with a lapdog Congress.
The world governments spent trillions to prepare for war. So the central banks can have a scapegoat when they wipe out your savings and other social benefits you payed for through out your life! Wake up!
serf
https://www.yahoo.com/finance/news/puerto-rico-says-default-monday-213918113.html
A default would ratchet up pressure on the U.S. Congress to find a legislative solution for Puerto Rico, which enters a key stretch in its fiscal saga, owing another $1.9 billion of debt on July 1, including about $777 million in general obligation debt backed by its constitution.
U.S. House Speaker Paul Ryan initially called for a plan by March 31. However, draft legislation from the House Natural Resources Committee, which would put Puerto Rico's finances under federal oversight and allow it to restructure debt through a bankruptcy-like process, has faced opposition from liberal and conservative wings of both parties.
The world governments spent trillions to prepare for war. So the central banks can have a scapegoat when they wipe out your savings and other social benefits you payed for through out your life! Wake up!
serf
https://www.yahoo.com/finance/news/puerto-rico-says-default-monday-213918113.html
A default would ratchet up pressure on the U.S. Congress to find a legislative solution for Puerto Rico, which enters a key stretch in its fiscal saga, owing another $1.9 billion of debt on July 1, including about $777 million in general obligation debt backed by its constitution.
U.S. House Speaker Paul Ryan initially called for a plan by March 31. However, draft legislation from the House Natural Resources Committee, which would put Puerto Rico's finances under federal oversight and allow it to restructure debt through a bankruptcy-like process, has faced opposition from liberal and conservative wings of both parties.
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