government default

Puerto Ric…D’OH! Island Territory Defaults on Debt

Imagine picking up a pebble and tossing it into the ocean.

Did it cause a tidal wave? Probably not.

Did it do absolutely nothing at all? More likely.

On August 3rd, Puerto Rico defaulted on a $58 million bond payment. …

What Happens When A Government Defaults?

Greece is all over the news and not for any good reasons. The country that gave us Greek gods and spanakopita is currently embroiled in the midst of a financial crisis…and possibly a government default.

What’s Going on With Greece?

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