By all possible means, the political leaders of the United States
attempt to make invisible the economic crisis they face. While a few
weeks ago the President of the Federal Reserve System (Fed), Janet
Yellen, insisted that the federal funds rate will increase this year,
now it appears that this will not happen until the first quarter of
2016, when the Fed will begin to close the faucet of global liquidity.
The fall of prices (deflation) –a consequence of the fall of the rate
of profit– the extreme weakness in the prospects of investment, the
volatility of financial markets, product of the economic debacle of
Greece and the countries castigated by the euro zone crisis, the drop of
the stock market in China, are factors that, according to Yellen, put
off the decision until next year.
It is obvious that the United States is more inclined to look for the
guilty outside rather than look inside their own country to resolve
their crisis. The deterioration of the Silicon Valley, Detroit, West
Virginia,; Mississippi, Alabama, as well as the fiscal mess of the
island of Puerto Rico are symptomatic signs of the economic decadence of
the US, that even though Washington has paid little attention in recent
years, now begin to appear in the mass media.
The case of Puerto Rico is, by a long way, that of more notoriety.
Even voices such as that of Hillary Clinton