A total economic and social collapse is a catastrophic event characterized by the widespread dysfunction of critical systems, including government, economy, infrastructure, and basic services. While such a scenario is extreme, recognizing early warning signs can be crucial.
I have been monitoring the Cuba scenario. To me, that is the definition of a failed State holding to the remains of a collapsed country ruled by thugs terrified of a popular armed uprising. As our economy was destroyed by design, to control the population and crush the opposition among other goals, I believe I can describe the indications better than someone who never watched this happening.
In my research, a few events arose, as expected. Nevertheless, there were a couple of not-so-evident things that I’m going to point out.
By now, most of you reading this are very much aware of the loom and doom that destroyed the Venezuelan economy, and even these days, we feel panic every time the exchange rate with the USD changes.
For this past month (Oct. 2024), it went up 13%. […]
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