Lost in the shadow of the Greek economic problems is another place with bad money trouble: Puerto Rico.
The governor of PR seems to think it’s inevitable that PR will default on its debts. They’ve racked up a whopping $73 Billion of red ink.
So, how will this play out?
Not as serious; its a United States territory, not an independent country with the option of walking away from a currency.
That said, its not a good situation for anybody.