Puerto Rico Struggles With Impending Debt Crisis

SAN JUAN, PUERTO RICO - NOVEMBER 14: People scan the bulletin board for job postings at the unemployment office on November 14, 2013 in San Juan, Puerto Rico. The unemployment rate hovers around 14 percent, almost twice the national average. The island-territory of the United States is on the brink of a debt crisis as lending has skyrocketed in the last decade with the government issuing municipal bonds. Market analysts have rated those bonds as junk and suspect it's 70 billion dollar debt might be unserviceable in the near future. With a deteriorating manufacturing industry and tourism only contributing to 10 percent of the GDP, the way out is unclear. (Photo by Christopher Gregory/Getty Images)
SAN JUAN, PUERTO RICO - NOVEMBER 14: People scan the bulletin board for job postings at the unemployment office on November 14, 2013 in San Juan, Puerto Rico. The unemployment rate hovers around 14 percent, almost twice the national average. The island-territory of the United States is on the brink of a debt crisis as lending has skyrocketed in the last decade with the government issuing municipal bonds. Market analysts have rated those bonds as junk and suspect it's 70 billion dollar debt might be unserviceable in the near future. With a deteriorating manufacturing industry and tourism only contributing to 10 percent of the GDP, the way out is unclear. (Photo by Christopher Gregory/Getty Images)
Puerto Rico Struggles With Impending Debt Crisis
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188101130
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Getty Images News
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November 14, 2013
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