To Comfort The Afflicted
And Afflict The Comfortable

To Comfort The Afflicted And Afflict The Comfortable

Friday, July 19, 2024

Observercast

‘Bond Predators’ On Puerto Rican Debt Want Their Bailout

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BY FROMA HARROP Puerto Rico is sinking in $73 billion of debt. Mired in a long-running depression, the U.S. territory has already cut essential services to bare bones. Puerto Rico can’t fully pay its bondholders without setting off total economic collapse. One of two things can happen, short of doing nothing and setting off a […]

Froma Harrop
Froma Harrop
Harrop is an American writer and author. She is best known for her bi-weekly syndicated column which appears in about 200 news outlets including the Seattle Times, Newsday, Denver Post, Dallas Morning News, Arizona Republic, Detroit News, and Real Clear Politics and The Providence Journal. She is represented by Creators Syndicate Inc. in Los Angeles. Media Matters ranks her column 20th nationally in total readership and 14th in large newspaper concentration.