[Buckeye McFrog]

Most muni investors also believe that the federal government will bail out any state financial crisis.

And after the banks all got bailouts in 2008, why wouldn't they?

[Red Badger]

Puerto Rico should be a paradise. It should be one of the wealthiest places in the US. The standard of living in Puerto Rico should be on of the highest is the Caribbean. There should be little or no poverty or homelessness.

But it isn’t.

I wonder why?..........................

[ConservativeMind]

Who, or what, would lend to an entity that terribly managed?

[Politically Correct]

Anyone stupid enough to buy those bonds deserves the haircut.

Ditto Illinois bonds.

[BenLurkin]

High risk bonds carry high risk yields. Buyers beware.

[moovova]

I wouldn’t want to get THAT telephone call from my broker.

[DesertRhino]

We just HAD to have an empire back in 1898.

[Cowboy Bob]

Time to give Puerto Rico their freedom.

[Yo-Yo]

Make George Soros buy all of Kalifornia’s debt bonds.

[1Old Pro]

Mismanaged government. It can happen. Why no let Occasional Cortex who is now on the finance committee go and solve this.

[Farmer Dean]

Why would a State sell bonds if it budget was balanced?

[PAR35]

Last time I looked, Puerto Rico couldn’t file bankruptcy. So I would ignore anything this writer had to say.

Now, if the writer ever figures out what PROMESA means....

[fruser1]

” banned English “

¿Debería Puerto Rico ser un estado?

What? Couldn’t understand the question.

[A Cyrenian]

bttt

[Tolerance Sucks Rocks]

Well, you all (PR) recently voted to become a state. Fine. Learn English and re-adopt it as (one of) your official language(s).

You’re welcome.