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Financial Times – “Free Lunch: Straggling towards restructuring” – The Billion Prices Project

Financial Times – “Free Lunch: Straggling towards restructuring”

Public debt in a court of (dumb) law
The parallels between Greece and Puerto Rico, which we have noted before, continue to evolve, but now a political dimension has been added to the economic one. The economic problem has to do with the combination of a public debt overhang and a shrinking population and economy.

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