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A comment on Puerto Rico files for biggest ever U.S. local government bankruptcy. Parent comment

Re:Puerto Rico files for biggest ever U.S. local government ... by tertius on Thursday May 04, 2017 @08:14AM (#14264217)
Bankruptcy is the norm in the U.S. That's one of the reasons for the immense economic growth the U.S. has seen.

Appetite for risk is good in the aggregate. PR will get downgraded for sure though.

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