A couple of weeks ago Caribbean Business provided a similar article, comparing the size of the bail out packages to all previous large expenditures by the American government. However, I think this video provides a very quick intro into the magnitude of the bailouts.
We may never spend as much again. Remember, historically, all great Kingdoms typically meet their ends in one form or another.
Keep in mind that Puerto Rico is only surviving by dipping into the United States piggybank. So you Independents might not want to get too happy too quickly. Enjoy your Medalla while they last. A part of your risk mitigation strategy might be to start creating ads for frozen tostones in Chinese Mandarin.
The Insider
You can hold a million in your hands. What does a Trillion dollars look like?
