Puerto Rico in default!

The Commonwealth of Puerto Rico defaulted on its debt:

August 3, 2015
Puerto Rico has been dubbed “America’s Greece.” The island defaulted on its debt for the first time ever on Monday.  http://money.cnn.com/2015/08/03/investing/puerto-rico-crisis-in-2-minutes/
August 3, 2015
SAN JUAN, Puerto Rico –  The government of Puerto Rico has confirmed that it failed to make a $58 million debt payment that was due Saturday, a significant escalation of the debt crisis facing the U.S. island territory.
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