3713 The Ugly Truth About Puerto Rico Wanting U.S. Statehood

Manage episode 180972627 series 11345
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On June 11th, 2017, Puerto Rico held a non-binding referendum on whether to become an actual state or stay an American territory.
While 97% of those who participated in the referendum vote favored statehood, only 23% of the territory's population participated in the process. It was the lowest level of participation in any election in Puerto Rico since 1967.
U.S. Congress makes the sole determination regarding any changes to Puerto Rico's political status. Puerto Rico is currently seeking the bankruptcy protections that statehood would likely provide – with $74 billion in debt and $49 billion in unfunded pension liabilities.
The Fall of Puerto Rico. Prepare Yourself Accordingly.
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