Early next week, I’ll have a piece out on the ongoing debt crisis in Puerto Rico which strongly urges Congress to act before restructuring morphs into bailout. But in the meantime, here’s everything you need to know about this issue from the absolutely brilliant John Oliver. If only I could be 1/10th this entertaining when I talk about this stuff. The guy makes explaining bond yields fun! (Trigger warning: some curses ensue, deservedly so.)
It has to take tremendous prep to pull this off, which means that while Oliver is superb, he must also have a killer staff. I’ve seen most of his pieces on policies with which I’m familiar, and I don’t recall them getting any facts wrong.