How was once Puerto Rico bankrupted? Who is responsible? Illegal debt. Loans used for non-productive vote-searching for handouts. “Regal” infrastructure works that bear no correspondence to the country’s productivity. Blatant corruption. Crass unemployment and underemployment. Public over employment. Dismal labor participation rates funded with U.S. taxpayers’ supported welfare. Under funded pensions with benefits that bore no correlation with the required contributions. An under funded health system product of corruption and politickering. Devastating economic policies imposed to pursue Statehood in the U.S. union. Unchecked rampant corruption. Who is responsible? You’ll find it here with names and facts. The book covers the economic debacle that exploded in the 21st century, as much as 2012. It also thoroughly covers the political and social developments of the 19th and 20th centuries that formed the background of this Third Act: Colonialism and its pervasive collective lack of self-confidence and perception of self-sufficiency and national identity. Spanish absolutism; the Lares Revolution; the Spanish-American War; the failed attempts of Americanization; the blatant exploitation of the sugar cane plantations; the nationalist guerrilla; the accelerated industrialization; the demoralizing welfare; the rampant corruption of the pro-statehood administrations in particular. The creator had an entire life of business experience, both in the management of major multinational corporations and as a business consultant. That background helps him especially in identifying the relevant economic issues and provide an explanation for them in a form that any one can remember.