Puerto Rico’s Debt Crisis: Spiraling Towards Statehood?
ANNELISE DEL RIVERO—The United States’ favorite territory is in trouble: Puerto Rico is currently sinking fast under a crippling debt of over $70 billion dollars. Puerto Rican leadership admitted in 2015 that the territory will be unable to pay its debts and is running out of money. The outlook on the island is bleak—unemployment is […]