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The Poor People of Puerto Rico Endure More Suffering

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By vladm @ Shutterstock.com

The poor people of Puerto Rico endure more suffering of unimaginable consequence. Luis Valentin Ortiz reports for Reuters:

Puerto Rico’s power grid crept back to service on Wednesday after it was shut down entirely as a safety measure on Tuesday amid a storm of earthquakes including the most powerful to strike the Caribbean island in 102 years.

The temblors including one of magnitude 6.4 killed at least one person and flattened homes across the southern coast, provoking a state of emergency on the island of 3 million people and the activation of the National Guard.

Nearly 500,000 of the island’s 1.5 million customers had service on Wednesday morning, up from 100,000 the night before, and the island was generating about 542 megawatts of electricity, the power authority AEE said, still short of the demand of some 2,000 megawatts.

The large Costa Sur plant suffered severe damage and remained out of service, though Governor Wanda Vazquez said on Tuesday power should be restored to most of the island within 48 hours provided there were no more earthquakes.

Puerto Ricans endured lengthy power outages in 2017 following devastating Hurricane Maria, one of a series of natural and man-made disasters to afflict the U.S. territory in recent years. The island is also going through bankruptcy and its former governor resigned amid a political scandal and massive street protests last year.

Read more here.

You have read extensively about both the natural disaster woes and the financial troubles of Puerto Rico here on YourSurvivalGuy.com. The people of Puerto Rico are suffering not only major threats to their personal security, but also to their financial security. As I wrote nearly two years ago, Puerto Rico is a real-life worst-case scenario. Read more about the unfortunate plight of the people of Puerto Rico here:

Originally posted on Your Survival Guy. 

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E.J. Smith - Your Survival Guy

Preparing your investments and family for when disaster strikes.
E.J. Smith is the Founder of YourSurvivalGuy.com, Managing Director at Richard C. Young & Co., Ltd., a Managing Editor of Richardcyoung.com, and Editor-in-Chief of Youngresearch.com. E.J. graduated from Babson College in Wellesley, Massachusetts, with a B.S. in finance and investments. In 1995, E.J. began his investment career at Fidelity Investments in Boston before joining Richard C. Young & Co., Ltd. in 1998. E.J. has trained at Sig Sauer Academy in Epping, NH, where he completed course-work in Practical and Defensive Handgun, Conceal Carry Pistol, Shotguns, Precision Scope Rifle and Kidnapping Prevention. E.J. plays a Yamaha Recording Custom drum set with Zilldjian cymbals. His first drum set was a 5-piece Slingerland with Zilldjians. He grew-up worshiping Neil Peart (RIP) of the band Rush, and loves the song Tom Sawyer—the name of his family’s boat, a Grady-White Canyon 306. He grew up in Mattapoisett, MA, an idyllic small town on the water near Cape Cod. He spends time in Newport, RI and Bartlett, NH—both as far away from Wall Street as one could mentally get. The Newport office is on a quiet, tree lined street not far from the harbor and the log cabin in Bartlett, NH, the “Live Free or Die” state, sits on the edge of the White Mountain National Forest. He enjoys spending time in Key West and Paris. Please get in touch with E.J. at ejsmith@youngresearch.com. Sign up here to receive all the best content from Richardcyoung.com each week.