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The island's debt is at $72 billion and the government says it's out of cash.
In one of his only in-depth interviews about the economy, Carson laid out his plan.
Letting borrowers off the hook could be bad for the whole market.
The territory borrows money to subsidize medical care for its poorest residents.
The plans target young voters with student loans and propose eliminating tuition.
The commonwealth struggles with repayment and lacks industry besides tourism.
On the surface, they are in similar situations. But the grocer has a way out.
Greece is one step closer to its third bailout
Businesses deal with plunging sales and wary suppliers.
Is the island territory, with $72 billion debt, our Greece?