“Its government is bankrupt and owes $74 billion to bondholders: a staggering sum that amounts to 99 percent of the island’s gross national product, or $25,000 for each of its 3 million men, women, and children. It faces a vociferously hostile president, a stalemated and colonial relationship with Congress, entrenched local political dysfunction, and a bunch of angry creditors.” Is the right move for Puerto Rico to do what a business might do and hire high priced consultants to powerpoint them in the right direction? We’re about to find out. The country is spending a cool billion to learn The McKinsey Way to Save an Island.