A heavily indebted, mismanaged, and overlooked economy entrapped within the deadly headlock of its richer neighbor and asserted “motherland”, Puerto Rico finds itself sinking further into a true crisis. One that the folks in D.C. aren’t concerned about because, frankly, we don’t compare Puerto Rico to “true American soil” regardless of the territory being locked into a forced monetary union.
Puerto Rico, one of the most prominent United States territories, has been suffering through a deepening debt crisis. This dispute over the territory’s finances masks a struggle that has been lingering in American politics for years — for wealth and power. This economic battleground will attempt the balance the peculiarities of Puerto Rico’s official political status and Wall Street corporate greed.