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Tag Archives: hedge funds

Puerto Rican Crisis: A Product of US Hedge Funds

Right now Puerto Rico is facing a terrible economic crisis. The country is in $72 billion dollars in debt.[1] To make matters worse, they’ve already defaulted on millions of dollars in loan payments. In order to pay back this debt, they’ve enacted austerity measures for the last several years. Poverty is currently standing at 46%.[2]…

2016 11 04 in Economics, Imperialism, Uncategorized.

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