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Entrepreneurs enjoy its low costs, light traffic and unlikely Rustbelt trendiness
US state has more than $14.5bn of past-due bills from suppliers, writes John Dizard
Collective funding deficit for retirement schemes jumps by $434bn in one year
Unavoidable debt writedowns should be embraced, not resisted
The island has not learnt from past international restructurings, says John Dizard
John Dizard wonders who will get paid when the island defaults on its muni bonds
Rating agencies say they cannot raise the city’s credit rating yet
Restructuring body gives governor two weeks to draw up new fiscal plans
Seven members will have final say over island’s budget as part of restructuring of $69bn obligations
Unfunded liabilities in this sector are worse than for pensions, warns Robert Pozen
The island is setting a precedent for how to handle defaults of US municipal bonds, says John Dizard
Huge problem of underfunding of retirement plans is crippling many cities and states
