America's Greece Fixing Puerto Rico Could Provide Answers for Europe

The Greek crisis could have been stopped years ago if European politicians hadn't been so stubborn. They should have followed the example set by the United States in dealing with Puerto Rico's problems.
Von Barry Eichengreen
A street performer in San Juan: With its crippling debts, Puerto Rico has become America's problem child.

A street performer in San Juan: With its crippling debts, Puerto Rico has become America's problem child.

Foto: Ricardo Arduengo/ AP/dpa
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Foto: UC Berkeley