Tag Archives: debt

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 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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Even before Hurricane Maria hit, Puerto Rico was a mess

https://www.economist.com/news/united-states/21730432-even-hurricane-maria-hit-it-was-mess-story-puerto-ricos-power-grid Even before Hurricane Maria hit, it was a mess Oct 19th 2017 | SALINAS IN A room beneath the smokestacks of the Aguirre steam plant in south-eastern Puerto Rico, an engineer points to a colourful poster entitled “How Electricity … Continue reading

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Small Montana firm, Whitefish Energy, lands Puerto Rico’s biggest contract to get the power back on

https://www.washingtonpost.com/national/small-montana-firm-lands-puerto-ricos-biggest-contract-to-get-the-power-back-on/2017/10/23/31cccc3e-b4d6-11e7-9e58-e6288544af98_story.html Small Montana firm lands Puerto Rico’s biggest contract to get the power back on Hurricane Maria knocked out the electricity in Miram Carrasquillo’s home in Canóvanas, Puerto Rico. Ten days after the storm, she was able to get a … Continue reading

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Debt Alone Won’t Crush Puerto Rico. Depopulation Is the Curse.

https://www.bloomberg.com/view/articles/2017-10-06/debt-alone-won-t-crush-puerto-rico-depopulation-is-the-curse Debt Alone Won’t Crush Puerto Rico. Depopulation Is the Curse. Erasing the island’s bond obligations would not be sufficient, if migration continues. by Megan McArdle October 6, 2017, 10:00 AM GMT-4 The trend lines in Puerto Rico are going … Continue reading

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Puerto Rico struggles to save historic buildings amid crisis

Another consequence of fiscal irresponsibility. http://abcnews.go.com/International/wireStory/puerto-rico-struggles-save-historic-buildings-amid-crisis-48367251 Puerto Rico struggles to save historic buildings amid crisis By danica coto, associated press ·SAN JUAN, Puerto Rico — Jun 30, 2017, 2:30 AM ET In this June 22, 2017 photo, architect Andy Rivera … Continue reading

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For Sale: Puerto Rico Territory seeks private companies to run ports, airports, ferries, and more; utilities could be next

Puerto Rico does it better as their slogan claims?  What have they done better and better than whom?  Puerto Rico politicians again choosing short-term thinking over long-term thinking by selling off critical infrastructure.   Then again, a private-public partnership is likely … Continue reading

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