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Puerto Rico's Debt Crisis: Who's To Blame And What Can Be Done?

The Puerto Rico Capitol is pictured in San Juan. (jbash/Flickr)
The Puerto Rico Capitol is pictured in San Juan. (jbash/Flickr)

The U.S. territory of Puerto Rico has more than $70 billion in debt it can’t pay. Some are calling the island America’s Greece. Here & Now’s Jeremy Hobson looks at the roots of the problem with someone who wrote a report on the island’s financial crisis.

Anne Krueger is a former official with the World Bank and the International Monetary Fund, and currently a professor of economics at the Johns Hopkins School of Advanced International Studies.

Guest

  • Anne Krueger, professor of economics at the Johns Hopkins School of Advanced International Studies. She’s the former chief economist at the World Bank, and was the first deputy managing director of the International Monetary Fund.

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