Tag Archives: public debt

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 Alejandro … Continue reading

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Puerto Rico’s fiscal board approves plan for Cossec, lifeline for credit unions

  http://caribbeanbusiness.com/puerto-rico-cooperatives-supervision-insurance-corp-proposes-lifeline Puerto Rico’s fiscal board approves plan for Cossec, lifeline for credit unions By Luis J. Valentín Ortiz on August 4, 2017   FAJARDO, Puerto Rico – Puerto Rico’s financial control board certified Friday, with amendments, a fiscal plan … 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

Posted in economic crisis, Puerto Rico > Venezuela > Socialism, Puerto Rico economic crisis, Puerto Rico politics and government | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment