Puerto Rico’s Governor Says $72 Billion Debt is Unpayable

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FILE- In this April 30, 2015, file photo, Puerto Rico Gov. Alejandro Garcia Padilla delivers his budget address for the next fiscal year at the Capitol building in San Juan. Puerto Rico's governor believes the U.S. territory's $72 billion public debt is unpayable, his spokesman confirmed late Sunday, June 28, 2015, adding another blow to the international financial system already struggling with a possible default by Greece. (AP Photo/Ricardo Arduengo, File)

We are be shown more and more what happens when we move away from Godly principles: Puerto Rico’s governor Alejandro Garcia Padilla believes the U.S. territory’s $72 billion public debt is unpayable — a potentially dangerous statement for a territory whose tax-free bonds are popular with hedge funds and distressed-debt buyers. A report published in the New York Times Sunday comes before the governor is scheduled to deliver a public address on the issue. YAHOO NEWS REPORTS:  MORE HERE  and CRISIS IN GREECE WORSENS And The World is Defenseless Against The Next Financial Crisis FollowTheMoney

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