Puerto Rico’s financial problems are severe enough that Puerto Ricans are leaving the island. For years, the net migration has been about 50,000 per year. Now, the number is more like 74,000. At this rate;
The study predicts that by 2020, two-thirds of Puerto Ricans will live on the mainland. – Pew Research
As more people leave, correcting the economy becomes more difficult, encouraging more people to leave. Without bankruptcy options, and with increased austerity measures imposed by financiers, Puerto Rico’s situation is not expected to improve for a long time.
(Click on the chart for the link.)
“Puerto Rican Newcomers Seek Work, Family On The Mainland” – Pew Research
Pretending Not To Panic 