The island’s creditors have barely even given the obligatory thoughts and prayers. But they do have a deal for Puerto Rico. What a way to capitalize on a sutuatuon! Source: Puerto Rican … Continue reading Puerto Rican Debt Holders Respond to Catastrophic Hurricane by Offering Puerto Rico More Debt
The island has become a target not only for rapacious vulture funds but also for exponents of Katrina-style “disaster capitalism.” Just because the residents of Puerto Rico can’t vote for members of … Continue reading Puerto Rico Needs Massive Emergency Aid Now—and an End to Austerity
While that certainly is true, American wealth and political power has sometimes played an oversized role in influencing the economics of sovereign nations. By destabilizing entire nations, it is not the politicians … Continue reading Influence Abroad: American vulture funds feed on Argentina’s debt crisis
You must be logged in to post a comment.