How Puerto Rico Is Grappling With a Debt Crisis

Letto da: Kristi Burns
Durata: 6 min
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Sintesi dell'editore

Since 2006, Puerto Rico has been in a painful recession. Successive governments dug it deeper into debt by borrowing from Wall Street hedge funds and other institutions — even from mom-and-pop investors — to pay operating expenses. In 2016, the island effectively ran out of cash and stopped paying its debt.

"How Puerto Rico Is Grappling With a Debt Crisis" is from the May 16, 2017 U.S. section of The New York Times. It was written by Mary Williams Walsh and Liz Moyer and narrated by Kristi Burns.

©2017 The New York Times News Service Division of The New York Times Company (P)2017 Audible, Inc.

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