{"id":30619,"date":"2015-10-25T18:00:33","date_gmt":"2015-10-25T17:00:33","guid":{"rendered":"http:\/\/www.w-t-w.org\/en\/?p=30619"},"modified":"2015-10-27T19:58:44","modified_gmt":"2015-10-27T18:58:44","slug":"30619","status":"publish","type":"post","link":"https:\/\/www.w-t-w.org\/en\/30619\/","title":{"rendered":"How to Help Puerto Rico with Debt?"},"content":{"rendered":"
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Puerto Rico, a US territory, currently owes about $72 billion to hedge funds, mutual funds and other investors. \u00a0In June the Governor said Puerto Rico would not be able to repay these debts.<\/div>\n
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The Obama administration has offered a plan to help Puerto Rico’s economic recovery. \u00a0Senator Elizabeth Warren does not feel the administration’s plan is ‘creative’ enough. \u00a0Warren wants to see a Chapter 9 plan, which would benefit Puerto RIcans as much as the big banks were benefited by the US bailout in 2009. \u00a0Over 300,000 people have left the island in the past ten years to find work elsewhere.<\/div>\n<\/div>\n
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Warren is calling for comprehensive re-structuring.<\/div>\n
\"Puerto<\/a><\/div>\n
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Puerto Rico, a US territory, currently owes about $72 billion to hedge funds, mutual funds and other investors. \u00a0In June the Governor said Puerto Rico would not be able to repay these debts. The Obama administration has offered a plan … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":22,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[70,13],"tags":[],"class_list":["post-30619","post","type-post","status-publish","format-standard","hentry","category-big-banks","category-finance"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t