The Caribbean is known for blue water, white beaches – and red ink. The region is home to seven of the world’s 10 most indebted nations.
But the Caribbean’s worst crisis involves a U.S. territory: Puerto Rico, whose debt is a staggering $73 billion.
That burden now threatens to financially sink the island of 3.5 million people – and that in turn promises to drive more migration into Florida. Puerto Ricans are the state’s fastest-growing Latino group, especially in the central I-4 Corridor.