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It is not all about money, it is about social justice. Your government made the rules inplemented by US elected politicians. I am sure bondholders will survive a bad investment. Puerto Rico Defaults on Constitutionally Guaranteed Debt – WSJ

Continue reading "It is not all about money, it is about social justice. Your government made the rules inplemented by US elected politicians. I am sure bondholders will survive a bad investment. Puerto Rico Defaults on Constitutionally Guaranteed Debt – WSJ"

No wonder Puerto Rico is having financial deficits, it lacks the population to pay for its exhorbitant debt. You do not have to be a genius to figure out that governments run on its taxpayers, which Puerto Rico has lost. Approximately 20% has left the island since its financial decline.

Continue reading "No wonder Puerto Rico is having financial deficits, it lacks the population to pay for its exhorbitant debt. You do not have to be a genius to figure out that governments run on its taxpayers, which Puerto Rico has lost. Approximately 20% has left the island since its financial decline."

No matter how many PROMESA legislation passes, PR’s financial problems to deeper than bad loans an debts, it is about a fleeing population escaping the ever rising fost of living there. “Puerto Rico to hike electricity rates 26% June 30”

Continue reading "No matter how many PROMESA legislation passes, PR’s financial problems to deeper than bad loans an debts, it is about a fleeing population escaping the ever rising fost of living there. “Puerto Rico to hike electricity rates 26% June 30”"

Statehood for Puerto Rico now, will not improve its economic situation. Globalization of business and industry affects the United States also. If accepted as a state, Puerto Rico would be competing with the poorest states in the nation. Those states are some of the most underserved in the WORLD.

Continue reading "Statehood for Puerto Rico now, will not improve its economic situation. Globalization of business and industry affects the United States also. If accepted as a state, Puerto Rico would be competing with the poorest states in the nation. Those states are some of the most underserved in the WORLD."