My Policy Wish List For USA, Part XIV (Fix Puerto Rico’s Debt Crisis)

Thorough, complete, educational post …. a ‘must read’!

Gronda Morin


Puerto Rico has been progressing in their financial dire straights since about 2006. It is the forgotten land that the United States has ignored its problems for years to where it is now so indebted to the tune of over $70 billion. The government of Puerto Rico can no longer pay its bills. Most Americans are completely unaware of the situation.

The subject of Puerto Rico’s debt crisis has been rarely mentioned by any of the presidential candidates during the 2016 presidential election season nor has this tragedy been  adequately covered by the media. But it is an important issue that needs to both, address improving the daily lives of Puerto Ricans as well as restructuring their debt to satisfy creditors.

clinton-photo-of-street-in-puerto_rico_01Cliff Notes on Puerto Rico’s Financial Crisis

In the 4/17/16 Harvard Economics Review report, the author Justin Lee details Puerto Rico’s financial perils with the following description:

“To put that into perspective, their debt to GDP ratio is…

View original post 1,663 more words

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About Dr. Rex

I'm originally from Puerto Rico. I was born in Santurce and raised in Rio Piedras. Have lived in Florida since 1999. I have a doctorate degree in Medicine; completed in 1976. My Internal Medicine specialty was completed in 1979. Worked for Puerto Rico's health system until 1985. At this time, I'm happily retired after working for the federal government for almost 28yrs. I want to offer any knowledge that I have to anyone "out there" who is interested. My views are liberal in almost every sense. My knowledge is "eclectic" - a bit of everything. Music and reading are my passion. Blogging has also become a very interesting endeavor. Metaphysical topics attract me. I'm interested in news reporting human issues like injustice, discrimination and abuse - the "wrongly" affected. My intention is to bring this knowledge to an understandable level and to help anyone in need. I'm open to questions and will answer them to the best of my ability. Currently working on an enterprise whose main mission will be to bring peoples of all walks of life together. To be one .... since we ALL are ONE!! The future looks bright and promising!!!

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