International Macro and Finance - Links

Wall Street and Puerto Rico – Dangers Associated with Excessive Borrowing

http://www.bloomberg.com/news/2013-10-22/how-wall-street-fed-puerto-rico-s-70-billion-borrowing-binge.html

Chimerica  - Unraveling?

http://www.project-syndicate.org/print/on-what-the-us-debt-ceiling-fiasco-should-teach-its-largest-foreign-creditor-by-stephen-s--roach

Singapore’s Formula for Success

http://www.bbc.co.uk/news/business-24606989

Are Downturns a Necessary Evil in Capitalist Economies?

http://www.mayin.org/ajayshah/MEDIA/2013/cleansing_of_downturn.html