Ever since Hurricane Maria slammed into Puerto Rico last month, President Trump has been pointing out the commonwealth's "massive debt," as he has put it.
And then on Tuesday on Fox News, he warned Puerto Rico's investors that "you can say goodbye" to the debt issued by the battered U.S. territory.
It wasn't clear exactly what Trump meant by that. But the president's views on Puerto Rico's troubles may have been informed by his own experiences there. Not long ago, he himself ended up on the wrong side of a bet on Puerto Rico's financial health.