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Their people may live in austerity. The workers may have their salaries adjusted. How bad if it happens to my country, I hope not for our president is so strong and bright.
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I am not the least bit worried about Puerto Rico. It’s a part of the United States. Washington won’t let that little piece of paradise drown!! WE OWN IT!! 🙂
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@Treathyl FOX, You are right, they just reduce their spending and debts shall be paid by borrowers.At least this island learned a lesson not to spend beyond their capacity and to at least avoid releases of loans to people for not all are good payers the dame way to a bank those bank borrowers if do not pay religiously , time comes the bank will declare bankruptcy.
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Their government can always think of alternative ways to gain good financial standing again. How about their public services, will it also be affected? It’s such a bad situation.
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