Puerto Rico’s Debts Are “Not Payable” According to Governor

Puerto Rico is the latest jurisdiction to toss in the towel, with the Governor warning that the island is close to falling into a debt “death spiral”. Read more

9.4 Million More Americans Below Poverty Line Than Pre-Crisis [Chart]

Is there really a recovery? Most recent data shows that there are 9.4 million more Americans in poverty than 2007, with growing inequality. Read more