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Masters of Chaos
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Venezuela Is Starving

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The economic collapse is approaching. Be ready.


Puerto Rico to close 184 public schools amid crisis


Puerto Ricans Face ‘Sacrifice Everywhere’ on an Insolvent Island |

7 mins read


Workers at the Río Piedras terminal in San Juan, Puerto Rico, face waning business. Transportation businesses have been hurt by the economic crisis as drivers have to wait hours to fill a trip for their routes. Credit Erika P. Rodriguez for The New York Times

SAN JUAN, Puerto Rico — Angel González, a retired schoolteacher facing a 10 percent cut to his pension, is beginning to wonder whether his three-person household will have to cut back to one cellphone and take turns using it.

Santiago Domenech, a general contractor with $2 million of his savings tied up in bonds Puerto Rico just defaulted on, once had 450 employees. Now he has eight. His father-in-law, Alfredo Torres, owns Puerto Rico’s oldest bookstore, but it has been going downhill for two years.

“The government is bankrupt,” said Bernardo Rivera, 75, a private bus driver who sometimes earns only $40 all day. “Everyone is bankrupt. There is nothing left. People who do not have jobs do not take the bus to work.”

These are some of the voices of Puerto Rico’s business owners, retirees and public servants who are caught in the middle — they would say the bottom — of the largest local government insolvency in United States history. Faced with a $123 billion debt it cannot pay, Puerto Rico filed for a kind of bankruptcy protection on Wednesday, a move that sent shivers down the spines of everyone from bond holders fearful of staggering losses to street sweepers and public employees whose already meager paychecks are likely to dwindle.


Only eight passengers were recorded in one day on a board at the terminal. Credit Erika P. Rodriguez for The New York Times

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Add Comment
IshmaelMay 7, 2017 2:32 PM UTC

Put too many rats, pigs, raccoons, great apes, etc..

urban environment, close quarters, they will feed on each other, even well feed, this happens, Omnivores are the worst! Nature is just moving through, enjoy the ride. Will be exhilarating, and dangerous. We are using our big brains, to destroy worlds, million dollar question, what comes out the tunnel on the other end?