Dante Disparte, founder and chief executive of Risk Cooperative and chairman of the Business Council for American Security, appeared as a guest expert on the BBC World Service. He spoke on a variety of topics, from the U.S. primary elections to the crises in Puerto Rico to Canadian Prime Minister Justin Trudeau’s state visit to Washington.
On Puerto Rico, Disparte said,
“I think in many respects, Puerto Rico is ground zero when you refocus the municipal debt lens on the United States and North America. Puerto Rico becomes the center stage for what is to happen with the challenges we see in municipal debt. In Puerto Rico’s case, we looking at a $72 billion challenge … As a US territory, there isn’t much that can be done on the island.”
To hear the whole interview on BBC, click here.