How to address Puerto Rico’s debt crisis | LIVE STREAM

Puerto Rico’s economic and financial crisis continues to deepen. Its economy is in shambles, its residents continue to leave for the mainland, and its government has announced that it cannot pay its debts.

Should Congress establish an Emergency Financial Control Board to take over Puerto Rico’s finances, as has been proposed? Should it authorize Puerto Rico to enter chapter 9 municipal bankruptcy, as Puerto Rico has asked? Or should it increase federal payments to Puerto Rico as an implicit bailout? Our expert panel will discuss the pressing financial, economic, and political issues and recommended actions.

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Photo credit
BANDERAS DE PUERTO RICO Y USA ONDEANDO (Flickr)

[sirluisray]

Let us have economic sovereignty. So we can get our economy moving again.

[Joemantler]

About 1:40:00  "You can /imagine/ getting upwards of 100 cents on the dollar."   You can imagine PR electing you King, but it seems unlikely.  This from the guy fighting 5th Amendment protections for the COFINA bonds.

[greco]

This flag need a blue color more strong

[luispacheco]

You owe Us 300 billion $, restructure that..

[PUNKDUDE]

moers thinks he's been so smart with the constitution and he fails to realize that it wouldn't be the 1st time parts of the constitution did not apply to PR

[r.g.]

Brace yourselves for all those comments of people who do not understand even the most basic things about Puerto Rico.