More Dolarization in Cuba: “Profitable” For Whom? (Video)
HAVANA TIMES – Cuban president Miguel Díaz-Canel promised a “successful” 2025, but for whom? The announcement of more “dollarization to de-dollarize” and the opening of a supermarket that only sells in US dollars suggest that the supposed improvement will not be for ordinary people, but for the Communist Party regime’s elite. Don’t miss Eloy Viera’s analysis. We read you in the comments…
Video has subtitles in English.
How will dollar exchange work when you have much difficulty to withdraw U S dollars or euro from a foreign based Bank accounts. Or non U S based credit card. I like joint ventures to improve manufacturing and food production and processing. This dollar plan in my opinion will cause the loss of most of the good young people and professional people under 40 that can leave . This is despite Cuba having a very good climate lots of under or unused farmland and a well educated labour force.