What The Hell Is Going On In Cuba?
/Have you seen any economic news coming out of Cuba recently? With barely a couple of exceptions, if you read the U.S. Corporate Media, likely you have not.
Searching for the most recent articles on Cuba’s economy from mainstream sources just now, I find nothing in the Washington Post about Cuba’s economy since May 2022; nothing from the New York Times since a piece in April rehashing the usual litany of Cuba’s long-known economic failures; silence at CBS since a piece in April quoting a Cuban official as “blam[ing] the U.S. for exodus of migrants, economic issues”; nothing from CNN since a March article discussing “power cuts and food shortages.” And so forth. OK, Cuba’s economy has performed poorly for decades, ever since Castro’s revolution 65 years ago. We already knew that. But are there any important new developments we should know about?
I last wrote about the economic situation in Cuba about a month ago. The news I could find then already made the World Bank “data” appear ridiculous.
Since then, more facts have dribbled out to make Cuba look like a full-on disaster.