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Posted Feb 10, 2015 by Martin Armstrong
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Puerto Rico is also in the middle of a debt crisis. A federal judged ruled it was unconstitutional for a state to modify municipal debt. Government debt is worst of all for there is never any fiscal management. All they do is is assume we schmucks are always there with deep pockets. They never know how to manage money and just blame us for not paying enough for them.
Categories: Uncategorized
