Cuba Banking System Collapses

[JohnDB]

The banking system in Cuba has collapsed. People awoke to empty bank accounts and ATMs being empty. All cuban money is worthless in Cuba and the banks have closed.

 

[DudleySmith]

No worries. Biden and his Party could use another 20 million voters in a few months. They will set them up in the swing states.

 

[Harpy Eagle]

Is there any independent verification of this outside of this tweet?

I cannot find anything.

 

[struth]

Cuba was the model that many dembots praised.

 

[JohnDB]

Is there any independent verification of this outside of this tweet?

I cannot find anything.

Bloomberg - Are you a robot?

 

[Harpy Eagle]

Bloomberg - Are you a robot?

Yeah, I found stories like this from a couple months ago saying it was going to happen, just none yet that says it did.

 

[DudleySmith]

Is there any independent verification of this outside of this tweet?

I cannot find anything.

lol no surprise there ...

 

[Harpy Eagle]

I also found this....

Cuba bans company access to ATMs, limits cash transactions

The Cuban Central Bank issued rules this week banning state and private businesses from using ATMs and limiting cash transactions between them, as it seeks to tame runaway inflation and off-the-books business amid a grave economic crisis. The dollar currently fetches 230 pesos on the informal...

uk.news.yahoo.com

Seems Cuba is really pushing the whole cashless society.

 

[JohnDB]

Cuba was the model that many dembots praised.

Yeah....but tourism tanked after Covid-19, their allies (Russia and China) are completely indifferent towards Cuba. Cuban cigars (after decades of isolation) have taken a back seat to most other tobacco growers. And what production they have had has been slowly eroding instead of increasing. (Lowering their efficiency and effectiveness)

They are starving....no food, little water, and no fuel.

 

[luiza]

Wonder if this heralds the banking crisis on a much wider basis .
Savvy people have argued for decades that Cuba was CIA control opposition territory .
So apparently bonkers that it might well be true .
Let’s watch how many small US banks also now go under as a prelude to one of the big ones —- too big to rescue —— then going down .
Mid May has been a RV target period for some time . Let’s see some evidence

 

[Harpy Eagle]

lol no surprise there ...

And you have not either.

 

[DudleySmith]

Yeah, I found stories like this from a couple months ago saying it was going to happen, just none yet that says it did.

I found several from just a week or two ago. What do you use for a search engine, the 'Che Lives!; site? Democratic Underground?

Here, let me spell 'Cuba' for you, so you can copy and paste it.

CUBA

 

[Harpy Eagle]

Yeah....but tourism tanked after Covid-19, their allies (Russia and China) are completely indifferent towards Cuba. Cuban cigars (after decades of isolation) have taken a back seat to most other tobacco growers. And what production they have had has been slowly eroding instead of increasing. (Lowering their efficiency and effectiveness)

They are starving....no food, little water, and no fuel.

Considering the sanctions the US has had against Cuba for decades, it is a wonder they have lasted this long.

 

[Crepitus]

The banking system in Cuba has collapsed. People awoke to empty bank accounts and ATMs being empty. All cuban money is worthless in Cuba and the banks have closed.

I can't find anything about this anywhere.

Got any news sources or anything?

 

[struth]

Considering the sanctions the US has had against Cuba for decades, it is a wonder they have lasted this long.

Not really, the Castro regime was about to come to an end, but Obama and the demafasict bailed them out

 

[DudleySmith]

I also found this....

Cuba bans company access to ATMs, limits cash transactions

The Cuban Central Bank issued rules this week banning state and private businesses from using ATMs and limiting cash transactions between them, as it seeks to tame runaway inflation and off-the-books business amid a grave economic crisis. The dollar currently fetches 230 pesos on the informal...

uk.news.yahoo.com

Seems Cuba is really pushing the whole cashless society.

Yeah, so has North Korea!

 

[JohnDB]

I found several from just a week or two ago. What do you use for a search engine, the 'Che Lives!; site? Democratic Underground?

The story is just breaking now. Gotta remember it's a communist country without a lot of communication to anyone.

And let's not forget they have been hit by several hurricanes over the years....infrastructure has been in shambles.

Just wait...it's a coming.

 

[Harpy Eagle]

I found several from just a week or two ago. What do you use for a search engine, the 'Che Lives!; site? Democratic Underground?

Here, let me spell 'Cuba' for you, so you can copy and paste it.

CUBA

I am not looking for things from a week ago, I am looking for current stories.

Why is this so complicated for you?

 

[DudleySmith]

The story is just breaking now. Gotta remember it's a communist country without a lot of communication to anyone.

And let's not forget they have been hit by several hurricanes over the years....infrastructure has been in shambles.

Just wait...it's a coming.

The current ones I have are behind pay walls. These idiots wouldn't read them anyway, don't waste any time answering their stupid demands.

 

[DudleySmith]

I am not looking for things from a week ago, I am looking for current stories.

Why is this so complicated for you?

CUBA