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RicoFoley

Member Since 26 Jan 2011
Online Last Active Today, 09:44 PM

Topics I've Started

Meanwhile, Puerto Rico is broke too

29 June 2015 - 08:37 PM

Puerto Rico is in the midst of what its governor, Alejandro GarcĂ­a Padilla, pronounced to the New York Times is a "death spiral." It faces $73 billion in debt, double digit unemployment and has been for several years watching many in its middle class leave the island for the U.S. to flee its economic woes. The commonwealth's debt status is now graded as "junk" and deadlines for debt repayments are days away.

Padilla said over the weekend that the island country's debt "is not payable," the Times reported. He scheduled a 5 p.m. EDT Monday address on the crisis.

http://www.nbcnews.c...-crisis-n383846

I know Puerto Rico isn't exactly a major cog in the world economy, but this seems weirdly under-reported. I had no idea about this until today.

Greece will hold on Referendum vote on the EU's bailout conditions July 5th

26 June 2015 - 06:22 PM

So basically for all intents and purposes, this would seem to be a vote to decide whether to stay in the Eurozone or not, because these were already supposed to be emergency 11th hour negotiations.

http://www.telegraph...ith-Europe.html

The US Treasury is putting a woman on a bill, but NOT in place of Andrew Jackson

17 June 2015 - 08:25 PM

WTF did Hamilton do to get the boot?!

http://www.businessi...-10-bill-2015-6

Switzerland has arrested several top FIFA officials & will extradite them to the US

26 May 2015 - 11:40 PM

http://www.nytimes.c...rges-in-us.html

IT'S HAPPENING

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Two gunmen open fire outside "draw Mohammad" event in Garland, TX, are shot and...

03 May 2015 - 08:21 PM

Well this isn't going to be good for anybody

http://www.dallasnew...f2c86db6648e3f9