Puerto Rican Economy Starting to Stabilize

The video discusses the stabilization of Puerto Rico's economy after years of contraction, highlighting the need for energy and tax reforms to boost competitiveness. It examines the impact of the strong US dollar and minimum wage on businesses, and the effects of ending QE and rising interest rates. The sentiment of the middle class and the importance of internal reform are addressed, alongside the ongoing debate about Puerto Rico's political status. The video concludes with a celebration of a banking anniversary.

What is the current state of Puerto Rico's economy according to the discussion?

• It is rapidly growing.

• It is unaffected by external factors.

• It is in a state of decline.

• It is starting to stabilize.

Which reform is mentioned as necessary for Puerto Rico to become more competitive?

• Healthcare reform

• Military reform

• Energy reform

• Education reform

How does the stronger US dollar affect Puerto Rican businesses?

• It has no effect.

• It benefits them greatly.

• It affects them similarly to businesses in the US.

• It causes them to collapse.

What is the sentiment of the professional middle class in Puerto Rico towards political efforts to fix economic issues?

• They are increasingly angry.

• They are supportive.

• They are very satisfied.

• They are indifferent.

What is a significant political issue affecting Puerto Rico's economic situation?

• Its unresolved status as a state or nation

• Its lack of natural resources

• Its geographical location

• Its language barriers