Tag Archives: defaults

Each Day 11 Puerto Ricans Lose Their Homes for Defaulting on Mortgages

http://www.laht.com/article.asp?CategoryId=14092&ArticleId=2405812 2-16-16 Each Day 11 Puerto Ricans Lose Their Homes for Defaulting on Mortgages SAN JUAN – An average of 11 Puerto Ricans per day lose their homes for defaulting on their mortgages, an increasing problem on the island, which … Continue reading

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How Free Electricity Helped Dig $9 Billion Hole in Puerto Rico

Puerto Rico giving away electricity for free and Venezuela giving away products like gasoline for almost free are terrible policy mistakes. Such Socialistic policies are destructive because they do not allow the free market to assign the correct prices for … Continue reading

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