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Puerto Rico Has Gone Bankrupt

Puerto Rico Has Gone Bankrupt

The Can Cannot Be Kicked Forever

Patterson in Pursuit

May 12, 20177m 45s

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Show Notes

The economic principle is clear: you cannot borrow money indefinitely to pay your bills. Eventually, the bills come due. You can only delay the inevitable. This is a law of economics, and it applies to every country on earth, including the United States.



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