Tag Archive: Luiz Fortuno

Aug 03

Puerto Rico outvoted government-cutting governor and enthroned an advocate of expansive government; Now Puerto Rico is Defaulting.

Today, August 3, 2015, Puerto Rico failed to make a $58 million dollar payment on its debt. See here. The defaulting commonwealth is some $70 BILLION in debt. But just a few years ago, Puerto Rico was on a path to economic growth and dynamism. Puerto Rican voters elected Luiz Fortuno as their governor in …

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