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Puerto Rico on verge of complete economic collapse: experts

byCustoms Today Report
02/07/2015
in Uncategorized
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WEST PALM BEACH:  Puerto Rico is on the verge of a complete economic collapse. South Florida residents born on the island are painting a dismal picture of what relatives have to deal with. Felix Carrillo knows firsthand the issues Puerto Ricans are facing.”They live week by week, they live check by check,” he says. He arrived from the island 4 years ago, in the midst of his country’s economic decline.”They’re just waiting for somebody else from the exterior to come to the country to fix the problem,” he says.

Felix says friends and family back on the island can barely pay their bills and neither can the Puerto Rican government.”300 bucks on the electricity, $6 for one gallon of milk…it’s really sad.”The slide started about 10 years ago, when manufacturing and real estate on the island went belly up.

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