Cuba – A Cautionary Tale for American Money Markets?

The fine line between greenback glut and famine.

A socialist paradise is once again metastasizing into a hellish landscape. Cuba – the left’s on-again, off-again paragon of socialism – is enduring a long list of setbacks on the road to becoming a Marxist utopia. Many have heard about the island nation’s routine food shortages and power outages. But what about cash deficiencies? In another exhibit on late-stage leftism, Havana is grappling with a shortage of pesos, proving to be another hurdle for 11 million individuals who cannot catch a break navigating the wonders of this ideology.

Another Crisis in Cuba

Cuba is engulfed in one of the nation’s worst economic crises. The struggles gripping the country have resulted in many Cubans unable to access cash, leading to long lines outside banks straight out of a Frank…

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