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.

Countdown to a Global Energy Shock
30:04

Exclusive: Rachel Reeves on Iran Shock, US Trade and Inflation Risks
25:18

Introducing: Bloomberg This Weekend
01:08