Puerto Rico Forces Unprecedented Regularly Restructure Billions In Debt

A Puerto Rican flag hangs beside a for-sale sign on a balcony in San Juan in summer 2015.

The region, that’s ineligible private individual bankruptcy, delivered firstly a comparable treatment tailor-made the aforementioned $70 billion monetary duty crisis, that can be in danger of dwarf Detroit’s 2013 factor 9 filing.

(Image credit: Joe Raedle/Getty Photographs)