CUBA Has Collapsed

Video Summary

Cuba has been facing a state of crisis for years, and it’s only getting worse. The country is struggling to generate its own income, and as a result, it’s unable to import necessary goods and services, including food and electricity. Cuba is an island nation that relies heavily on imports, but with limited cash and a lack of access to international funds, it’s unable to keep up with its needs. The country is also experiencing long periods of blackouts, with power outages lasting up to 14 hours a day, which is devastating for businesses and residents alike.

The lack of electricity is leading to major shortages of water and food, and it’s causing people to leave the country in droves. Over the past two years, more than 1 million people have left Cuba, with many more expected to follow. The country is losing its best and brightest, including young workers in their 20s, 30s, and 40s who are tired of surviving on low wages and limited opportunities.

The government has announced measures to partially dollarize the economy, but this move is unlikely to help alleviate the crisis. Meanwhile, the country is facing a growing drug problem, with a rise in drug trafficking and use.

The situation is dire, and it’s unclear how Cuba will recover. With no access to international funds, limited cash, and a lack of investment in infrastructure, it’s hard to see a way out of the crisis. The country’s socialist ideology has led to a lack of private sector growth, and recent measures to restrict the private sector are likely to worsen the situation. It’s a bleak outlook for Cuba, and it’s unclear what the future holds.

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