Well for now, it looks the the bond holders will get to take it up the ass rather than the U.S. taxpayer with respect to keeping Puerto Rico afloat economically. It is telling that Bernie Sanders is all upset because of the austerity measures imposed by the debt restructuring. Bernie is a dangerous man. A late starter, but potentially another Moa or Stalin IMHO.
This Puerto Rican thing is bad juju - it does not bode well for the future.
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