Good analysis of the financial crisis in Puerto Rico, bad conclusion.

https://www.washingtonpost.com/news/powerpost/wp/2016/04/20/congressman-puerto-rico-is-the-canary-in-the-u-s-debt-mine/

Good statistical information on PR’s financial debt crisis. Wrong use of these statistics to compare it to a place separated in geography, time, culture, race, relationship to the US, and finally politics. The proposed solution of letting “free enterprise” solve PR’s problem would naturally lead to US capital buying and reselling PR’s remaining natural resources and debt. PR’s situation of approximately 40 to 50% poverty and unemployment would not change significantly, but letting “free enterprise” rule, would certainly make a small percentage of mostly US millionaires, a lot wealthier.

SPANISH
Una buena información estatistica sobre la crisis de la deuda financiera de PR , mal uso de estas estadísticas para comparar a un lugar separado en la geografía , el tiempo , la cultura , la raza , la relación con los EE.UU. , y por último la política. La solución propuesta de permitir la “libre empresa ” resolver el problema de PR llevaría naturalmente a la compra del capital a Estados Unidos y a la reventa de los recursos naturales restantes de y la deuda a otros. La situación de aproximadamente 40 a 50% de la pobreza y el desempleo de PR no cambiaría de manera significativa , pero dejando que la regla de “libre empresa ” domine, sin duda haría un pequeña minoria, de su mayoría millonarios estadounidenses , mucho más ricos.

Published by nelsongon

I love media and communication, as well as digital technology. I write and speak fluently in Spanish and English. I was born in New York, but was sent to Puerto Rico at an early age, where I lived until drafted by the U.S. army. Upon returning from an honorable discharge, I found Puerto Rico small and limited at the time. I moved to Boston where I pursued musical studies and later worked as a musician, teacher, and speech-pathologist in New York. I am currently still interested in world politics, social justice, and income inequality. Health and wellness are essential to survive and thrive. I am working on patience and skills necessary to keep learning.

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