Tag: rico
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Understanding the Puerto Rican Blackout: Bank Regulation, Bureaucratic Inefficiency and Leadership
This afternoon I watched the outstanding PBS Frontline documentary, “Blackout in Puerto Rico.” The program unwraps the story of why it took 7 months to restore electrical power to most of the island of Puerto Rico, following the devastation wrought by hurricane Maria in September 2017, and the complicated reasons why the infrastructure of the island had…