Like Detroit
Lorenzo says: "If there is some good news, it’s this: Puerto Ricans are wise to shock doctrine tactics. They know all too well that their island’s debt crisis, fueled by Wall Street’s hunger for tax-exempt bonds, was systematically exploited to extract brutal “reforms” from workers and students who played no part in driving up the debt. They know that the debt crisis was used to strip Puerto Ricans of their most basic democratic rights, putting the island’s finances in the hands of an unelected Financial Oversight and Management Board — referred to locally as “La Junta.”
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