Puerto Rico Teeters On Edge Of Massive Default
SAN JUAN, PUERTO RICO - JULY 01: Yudelkis Hernandez rings up a sale on July 1, 2015 in San Juan, Puerto Rico. The island's residents are dealing with increasing economic hardships and a financial crisis that has resulted in the government's $72 billion debt. Governor Alejandro Garcia Padilla said in a speech recently that the people will have to sacrifice and share in the responsibilities for pulling the island out of debt. Consumer tax on certain items has risen to 11.5 percent. (Photo by Joe Raedle/Getty Images)
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