11 Oct '17, 8pm

via @grist

Donald Trump is helping Puerto Rico with … more debt. While we’re all talking about IQ tests , here’s a math problem: Imagine you’re a tree with 56 apples to take care of. One day, a massive storm comes and knocks out about four of those apples. They’re all on the ground now, kind of smushed. But one of those apples didn’t have the same advantages as the other ones — too many pesticides growing up, let’s say — and it’s extra-smushed. It is also $74 billion in debt . (You may ask: Who loaned an apple $74 billion? Hedge funds have long embraced predatory lending practices, but that’s a math problem for another time.) Anyway — as the tree, it’s your job to get those apples back in shape. You decide to allocate $36.5 billion in fallen-apple assistance. But only $5 billion specifically goes to that extra-smushed, indebted apple, and then that apple has to pay it back. It has to...

Full article: http://grist.org/briefly/donald-trump-is-helping-puerto-r...

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