2008 Deja Vu? Treasury Warns Congress – Bailout Puerto Rico Or Risk “Chaotic Unwinds… Cascading Defaults”

by Tyler Durden
ZeroHedge.com
05/02/2016

In a disappointingly similar tone to the warnings, threats, and promises sent to Congress in 2008 when demanding the banks get their bailout (or else), Treasury Secretary Jack lew has released a letter he sent to Congress warning that if Puerto Rico’s situation is not “fixed” in an “orderly” manner “quickly” then the nation will face “cascading defaults.”

The Rest…HERE

This entry was posted on Monday, May 2nd, 2016 at 1:44 pm and is filed under Conspiracy, Corruption, Economics, Government Evil, New World Order. You can follow any responses to this entry through the RSS 2.0 feed.