The Heat: The impacts of Puerto Rico’s debt crisis

The Heat

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Puerto Rico’s massive $70 billion debt crisis – how is it coping with the economic and humanitarian fall-out?

Puerto Rico is a small island, with a population of about 3.5 million people. And, it’s suffering from one of the worst economic crises in the world.

For the last few years, its economy has been in dire trouble; so much so, that it has racked up a staggering debt of $70 billion. Now, no longer able to pay its bills, Puerto Rico is looking north to the United States for help.

CCTV America’s Jim Spellman reports. Follow Jim Spellman on Twitter @jimspellmanTV

For more on the debt crisis:

The Heat: The impacts of Puerto Rico's debt crisis PT 1

The Heat: The impacts of Puerto Rico's debt crisis PT 1

Puerto Rico is a small island, with a population of about 3.5 million people. And, it’s suffering from one of the worst economic crises in the world.

To take a deeper look at the situation in Puerto Rico:

The Heat: The impacts of Puerto Rico\'s debt crisis PT 2

The Heat: The impacts of Puerto Rico\'s debt crisis PT 2

To take a deeper look at the situation in Puerto Rico: Phillip Arroyo, an activist, writer and columnist Hector Cordero-Guzman, professor at the School of Public Affairs with the CUNY

  • Maj

    The map used as an image here was extremely misleading. The discussion was centered on statehood supporters debating minor points. Nothing in this discussion spoke about wider economic impacts outside of the island, and even the impacts in the island were understated.