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Tag: Government Debt

Will Puerto Rico Be the Next Greece?

On Monday, Puerto Rico is set to release a key report on its financial stability. Governor Alejandro Garcia Padilla told The New York Times that the island would...

Distinguishing the Three Flavors of the Debt Crisis

Not all debt has the same economic effect, for like ice cream, there are at least three basic flavors: If someone borrows to create a business, this is the most...