Voternomics

36: Puerto Rico's $70 Billion Crisis Just Might Be Catastrophic

Puerto Rico missed a $400 million debt payment on Sunday, and bigger, more consequential defaults could follow. But how did things get so bad in the first place? Michelle Kaske, Bloomberg's municipal bonds reporter, joins Dan and Aki to discuss the best- and worst-case scenarios for the U.S. Territory as its next payment deadline approaches.See <a href="https://omnystudio.com/listener">omnystudio.com/listener</a> for privacy information.

This famously is the year of elections. So the Stephanomics feed has been taken over by our bonus series, Voternomics. It’s a weekly look at the way geopolitics - and elections - are upending the longstanding assumptions of policymakers and business people around the world. Hosted by Stephanie Flanders, head of Bloomberg Economics and former  BBC economics editor, former government advisor Allegra Stratton and Opinion columnist and author Adrian Wooldridge.