Comment on Puerto Rico Shows Greece Needs €50 Billion A Year: And Would Still Fail Even Then

Puerto Rico Shows Greece Needs €50 Billion A Year: And Would Still Fail Even Then

It's true, as Paul Krugman says, that Greece and Puerto Rico are not in exactly the same position. PR is bust to some extent, yes, but it's not in the middle of a catastrophe, as Greece is. However, there is also a similarity in their situations, one that's extremely instructive.

 

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