clock ticks down for puerto ricos debt crisis /

Published at 2015-11-30 18:05:13

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Click on the audio player above to hear this interview.Is there a light at the end of the tunnel for Puerto Rico's stifling debt crisis?The U.
S. territory is gra
ppling with a $72 billion debt crisis,and it has a $354 million debt payment due tomorrow.
Vicente Feliciano is president of Advantage commerce Consultant, an economic consulting firm in Puerto Rico whose clients include the Puerto Rican Treasury. He weighs in on Puerto Rico's looming debt crisis, or whether it will acquire an impact on U.
S. financial m
arkets.
What you'll learn from this segment:Why the Puerto Rican economy hasn't grown since 2006.
How the Puerto Rican people acquire been affected by this period of stagnation.
Why Congress hasn't
acted on this debt crisis. 
 

Source: wnyc.org

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