What you should know about Puerto Rico's debt crisis

An article on Vice about the debt crisis in Puerto Rico, which last week defaulted on a $400 million debt payment, quotes Craig Centrie, a UB lecturer in Latino studies in the Department of Transnational Studies. “Puerto Rico has been a political pawn historically since its inception,” he said. “Most significantly during the Cold War, PR was used as a tool of propaganda between the U.S. and Soviet Union to demonstrate the overall superiority of capitalism over communism.”

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http://www.vice.com/read/everything-we-know-about-puerto-ricos-death-crisis-and-what-it-means-to-the-us