Thanks to the Treaty of Paris, of this proper year, which finished the Spanish-American War and for which the Iberian nation should have transferred like booty the Caribbean island nation to the nascent potency of the North, the Puerto-Rican ground, in spite of the pro-independence struggle of Betances, Eugenio Maria de Hostos, Albizu Campos and so many other patriots knew not even one moment of sovereignty and freedom since its "discovery".

Now, after decades as Free Associated State under the tutelage of the American laws, without political or state independence, like another colony without being a star in the flag of the bars, Borinquen, as it is called by singers and bards, is finally bankrupt.

And it is not for less, its public debt numbers the astronomical number for 72 000 million dollars and as it did not pay the 58 000 given as part of the amortization, the experts of the agencies of risk say that it entered in default, although the governor affirms that such a payment was just a “moral obligation”.

Regrettably, for its colonial status nobody can help it, and not even the international financial "leeches", like the International Monetary Fund (IMF) and others, can go to the rescue, as it happens in Greece, because juridically, it is not considered to be a State.

And the worst thing of everything, is the fact that the chapter 9 of the Law of American Bankruptcy, which allows the restructuring arranged of the debt applies for companies and cities, as happened for example with Detroit, which was rescued financially, but it is not applicable to Puerto Rico, which is not even a city nor a company.

Although the Puerto Rican authorities try to arrange a local law to facilitate the access to loans, before its failure, the Puerto-Rican only have left that the North American Congress decide to help them to go out of the deep "hole" in which they are.

While this happens, governor Padilla seems to have thrown himself to a wild career of social clippings, privatizations of state buildings, increases of taxes and especially, the schools closing, which will be 100 in the present academic year and will come to 500 in the next five years.

With “funds vultures” above it, to buy cheap debts that later will be collected at exorbitant prices, the American Congress on holiday, it is difficult to predict what will happen with the Caribbean island in the next weeks, although what it is sure is that Puerto Rico will keep on being the broken wing of the two that the poetry wanted to join with Cuba, in only one bird.

Translated by BA in English Language, Manuel Barrera Téllez

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