Economics and International Affairs Blog
A blog by Vivekanand Jayakumar
Attention Economy
Wednesday, August 5, 2015
State Finances in the US
An underreported story – the sorry state of state government finances in the US
http://www.reuters.com/article/2015/08/05/us-usa-illinois-authorities-taxes-specia-idUSKCN0QA1IN20150805
Meanwhile, Puerto Rico – a US Commonwealth territory – has defaulted on its debt -
http://www.cnbc.com/2015/08/04/heres-why-puerto-ricos-broke.html
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