Monthly Archives: November 2017

Puerto Rico Doesn’t Want Reform

  https://www.wsj.com/articles/puerto-rico-doesnt-want-reform-1511730516 Puerto Rico Doesn’t Want Reform The Promesa law, not Hurricane Maria, is the real culprit behind the island’s troubles. Puerto Rico Electric Power Authority employees fix power lines in San Juan, Oct. 19. Photo: Xavier Garcia/Bloomberg News By … Continue reading

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Puerto Rico should choose Capitalist policies not Socialist policies

Singapore is a much better model than Venezuela. https://seeingnotseen.blogspot.ca/2017/03/what-we-can-learn-about-economics-from.html Monday, 6 March 2017 What we can Learn about Economics from Scandinavia Lately there has been a lot of talk online about how successful the Scandinavian countries are, and their success … Continue reading

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Venezuela’s Default Disaster

Puerto Rico would be in a similar situation if not for the USA Federal Government bailing them out. https://mises.org/wire/venezuelas-default-disaster Venezuela’s Default Disaster 42 Comments Tags Global EconomyMoney and BanksMoney and Banking 11/20/2017Daniel Lacalle Socialism always promises heaven and gives hell. … Continue reading

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Venezuela Goes Bust. How is this different than Puerto Rico running out of money, long before the hurricanes hit PR?

You should read the comments at the end as well. https://www.wsj.com/articles/venezuela-goes-bust-1510703305 Venezuela Goes Bust Another lesson in the price of lending to a socialist regime. Venezuela’s President Nicolás Maduro in Caracas, Venezuela, Nov. 12. Photo: Miraflores Palace/Handout via REUTERS By … Continue reading

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Puerto Rico needs an IMF-style economic plan

  https://www.aei.org/publication/puerto-rico-needs-an-imf-style-economic-plan Desmond Lachman October 27, 2017 | Real Clear Markets Puerto Rico needs an IMF-style economic plan Economics, International Economics It would be an understatement to state that the hurricane-battered Puerto Rican economy is at serious risk of entering … Continue reading

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In Florida, all eyes on Puerto Rican voters after Maria

Read also, this opinion article, why Democrats want Puerto Rico to fail, to encourage more Puerto Ricans to move to the states, and to vote for Democrats. https://puertoriconewcomer.wordpress.com/2017/10/13/the-mess-of-puerto-rico-long-before-hurricane-maria-hit-the-island === https://www.yahoo.com/news/florida-eyes-puerto-rican-voters-maria-140106480.html In Florida, all eyes on Puerto Rican voters after Maria … Continue reading

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Puerto Rico’s leaders don’t know who has power. Most Puerto Ricans STILL don’t have power, 50 days after Hurricane Maria!

42% power generation in PR as of 11-8-17 does little good when less than 5% of Puerto Ricans have electricity, even 50 days after Hurricane Maria. Upper right box shows the government-owned monopoly’s power generation at Status.PR. http://status.pr The discrepancy … Continue reading

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