Tag Archives: economic

How Puerto Rico got into its current financial mess

  https://www.miamiherald.com/news/business/biz-monday/article64452617.html How Puerto Rico got into its current financial mess BY JOHN McPHAUL Special to the Miami Herald March 06, 2016 02:00 PM   A man drinks a beer in a local bar as he watches Puerto Rico’s governor … 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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Report: Puerto Rico Exodus to Increase in the Next 2 Years

http://caribbeanbusiness.com/report-puerto-rico-exodus-to-increase-in-the-next-2-years Report: Puerto Rico Exodus to Increase in the Next 2 Years By Rosario Fajardo on October 30, 2017 SAN JUAN – A report by Hunter College’s Center for Puerto Rican Studies projects that outmigration from the island as a … Continue reading

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Puerto Rico tourism craters in wake of Hurricane Maria

http://caribbeanbusiness.com/puerto-rico-tourism-craters-in-wake-of-hurricane-maria Puerto Rico tourism craters in wake of Hurricane Maria By The Associated Press on October 24, 2017 SAN JUAN — The narrow blue cobblestone streets of Old San Juan are deserted. Cigar shops are boarded up. Boutiques in bright … Continue reading

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Exodus From a Historic Puerto Rican Town, With No End in Sight

Exodus From a Historic Puerto Rican Town, With No End in Sight By FRANCES ROBLES JULY 16, 2017 An abandoned furniture store in Lares, P.R. The town in the mountainous heart of the Caribbean island has lost more people to … Continue reading

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US to cut water monitoring because of Puerto Rico debt

When you don’t pay your bills, your services get cut off.   Things like this make Puerto Rico more like Venezuela.  Socialism is mistakenly thought of as “great” until the money runs out.  People are short-sighted, voting for politicians who promise … Continue reading

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Puerto Rico statehood push faces long odds

  http://thehill.com/latino/338219-puerto-rico-statehood-push-faces-long-odds Puerto Rico statehood push faces long odds By Rafael Bernal – 06/17/17 08:55 AM EDT 114   © Getty Images Puerto Rico’s government made a huge political gamble on mounting a credible campaign for statehood, a proposition that … Continue reading

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