"Puerto Rico's Crisis is Systemic": US income inequality vs the rest of the world; Europe exposes Apple Corp's tax evasion; TTP and TTIP face rising opposition; even Martin Wolf sees capitalism's contradiction with democracy. Interview with Prof. Ian Seda on Puerto Rico's economic/colonial crisis. Economic Update is a weekly show for people who want to understand and change not only their own financial situation but also the larger economy we all depend on. Hosted by Richard Wolff.