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News Link • Economy - Economics USA

Puerto Rico default to tank $3.7 trillion muni-bond market?

• WND
Puerto Rico’s public debt of $53 billion is nearly $15,000 per person, but when we add inter-governmental debt the mountain rises to $70 billion, or $17,500 per person. Throw in a violently under-funded pension and healthcare obligations, the noose approaches $160 billion. That’s $46,000 per person,
Read more at http://www.wnd.com/2014/01/puerto-rico-default-to-tank-3-7-trillion-muni-bond-market/#O4wWABihKLZBu0YK.99..
Puerto Rico’s public debt of $53 billion is nearly $15,000 per person, but when we add inter-governmental debt the mountain rises to $70 billion, or $17,500 per person. Throw in a violently under-funded pension and healthcare obligations, the noose approaches $160 billion. That’s $46,000 per person,
Read more at http://www.wnd.com/2014/01/puerto-rico-default-to-tank-3-7-trillion-muni-bond-market/#O4wWABihKLZBu0YK.99
 .... Puerto Rico’s public debt of $53 billion is nearly $15,000 per person, but when we add inter-governmental debt the mountain rises to $70 billion, or $17,500 per person. Throw in a violently under-funded pension and healthcare obligations, the noose approaches $160 billion. That’s $46,000 per person,...
Puerto Rico’s public debt of $53 billion is nearly $15,000 per person, but when we add inter-governmental debt the mountain rises to $70 billion, or $17,500 per person. Throw in a violently under-funded pension and healthcare obligations, the noose approaches $160 billion. That’s $46,000 per person,
Read more at http://www.wnd.com/2014/01/puerto-rico-default-to-tank-3-7-trillion-muni-bond-market/#O4wWABihKLZBu0YK.99

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