Breaking Down The Puerto Rico Debt Crisis
Puerto Rico is on the brink of a dangerous economic fallout with a $70 Billion debt, putting government figures, investors and financial experts on edge that the island is heading toward default and debt restructuring.
Joining us on MY Lifestyle Extra is a journalist who has been spending a lot of time in San Juan following the story closely. Ellie Ismailidou specializes in financial investigative writing for Debtwire Municipals. A graduate of the Columbia University Graduate School of Journalism, Ismailidou breaks down the latest on the situation, how Puerto Rico got into the crisis and how it can be prevented, plus the best and worst case outcomes for the island.