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Home > Stephanomics > 36: Puerto Rico's $70 Billion Crisis Just Might Be Catastrophic
Podcast: Stephanomics
Episode:

36: Puerto Rico's $70 Billion Crisis Just Might Be Catastrophic
Category: Business
Duration: 00:18:42
Publish Date: 2016-05-04 21:41:41
Description:

Puerto Rico missed a $400 million debt payment on Sunday, and bigger, more consequential defaults could follow. But how did things get so bad in the first place? Michelle Kaske, Bloomberg's municipal bonds reporter, joins Dan and Aki to discuss the best- and worst-case scenarios for the U.S. Territory as its next payment deadline approaches.

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