Your Call: Breaking down Puerto Rico’s debt crisis
On the March 2nd edition of Your Call, we’ll dig to the roots of Puerto Rico’s fiscal crisis.
The U.S. territory is $73 billion dollars in debt, having used investor-friendly tax-free bonds to finance basic services. But last June, the island’s Governor declared its debt un-payable.
What roles have Washington and Wall Street played in Puerto Rico’s debt crisis and what are its far-reaching implications?
It’s Your Call, with guest host Renee Kemp and you.
Ed Morales, author and journalist, lecturer at Columbia University’s Center for the Study of Ethnicity and Race
David Dayen, freelance reporter
The American Prospect: How Hedge Funds Deepen Puerto Rico’s Debt Crisis
Jacobin: Puerto Rico’s Dance With Debt
Latino USA: Puerto Rico debt crisis
Bloomberg: Puerto Rico’s Slide
The Real News Network: How Tax Dodging Put Puerto Rico on the Road to Debt (1/2)
The Real News Network:Cash-Strapped Puerto Rico at Hedge Funds' Mercy (2/2)