You might not realize it, but the financial crisis in Puerto Rico, a Commonwealth of the United States, could have a big impact on the US. Tax incentives have made buying bonds on the island so popular that about 75% of municipal bonds funds in the U.S. have cash invested on the island. That makes it all the more dangerous for the U.S. economy as the island continues to send out financial red flags.

Don't miss out on any of Fusion's highlights -- get Fusion today.
comments powered by Disqus


Colombian President Gets Candid With Us About García Márquez, Venezuela and Legalizing Drugs

Colombian President Juan Manuel Santos spoke with Fusion about the crisis in Venezuela , his relationship with Garcia Marquez and new approaches to drug policy.