Arriving in San Juan, Puerto Rico has always been one of my favorite experiences. It’s the only place I know of that when you land, passengers cheer and clap wildly.
But this year, in addition to the excitement over being able to exchange the harsh winter for sun, beach, and temperatures in the 80’s every day, when the wheels touched the ground many were also wondering if instead of a relaxed getaway, would they find themselves in the midst of a political saga.
For months now, Puerto Rico has been mired in a debt crisis that has overshadowed other news from this Caribbean island, especially about its key business – tourism. A commonwealth of the U.S., the local government has been struggling with a crushing 72 billion dollar debt, its hedge fund collectors have called for austerity measures by laying off government workers and …