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Cuba: Biggest Crisis Since The Revolution (Fixing Substack's Podcast Listing Error Bug Regular Users Ignore Duplicate)
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[00:00:00]
Malcolm Collins: Hello Simone. I’m excited to be here with you today. Today we are gonna be talking about something that is wildly under-discussed in the news right now, which is that Cuba is about to collapse. And when I say about to collapse, you may think that I am exaggerating. They have literally at this point, 14 to 19 days of oil left.
They have had no tanker arrivals since January 9th. The, the tankers that were being sent from Venezuela have been cut off and their last lifeline, which was Mexico, has also been cut off. Why than that? Trump negotiations. So, NAFT is about to, is about to be renegotiated and oh Trump put a lot of pressure on Mexico to cut off.
Also, it’s costing Mexico a lot. They spent 3 billion basically in free oil for Venezuela. Over the past just few years I think. Since Why started this person’s administration? Well, Cuba was giving them their slave [00:01:00] doctors for people who don’t know Google. Oh yeah. UBA basically enslaves their, their doctors and was giving them to Mexico as like an exchange.
But they did the Venezuela was an also interesting situation ‘cause we’re seeing more and more, venezuela had given Cuba in terms of like loans that Cuba would never pay back, very obviously and stuff like that. $18 billion. And if we look at the elite guard that was killed during the raid, we know that 32 of them, so almost all of the people who died were actually Cubans.
So it appeared that Cuba basically controlled like the. The, the, the accusations that Cuba had basically subjugated Venezuela and was just extracting resources from it were accurate. They basically controlled the entire elite guard of the country and most of the major military petitions. Oh. And this is being systemically reversed right now.
Mm-hmm. And I note here that another thing you’re not seeing if you’re watching mainstream news right now is that Venezuela has actually made pretty. Big changes. Not only have they stopped sending [00:02:00] money and oil to Cuba but they have started releasing hundreds. I think now we’re at 300, but it shows no signs of slowing down political prisoners.
So we are actually seeing change in Venezuela. It’s just
Simone Collins: alright,
Malcolm Collins: Trump can. Dunk on it too much. Mm-hmm. Or it would look bad for the woman who’s in power now. Right. You know, we have to be very nice about all of our political wins that we’re making in Venezuela and very graceful about it because Yeah.
Simone Collins: Yeah.
Malcolm Collins: You don’t want too many people asking. Did she cooperate with you guys to get rid of Maduro?
Simone Collins: Yeah, like sad. You wanna look a little matchy matchy? That would not be good.
Malcolm Collins: Yeah. You know, you don’t wanna look too matchy. Matchy. So she constantly complains. But in terms of what we actually wanna see happen in Venezuela, that’s what we’re seeing right now.
Simone Collins: Wow.
Malcolm Collins: And I note here that how bad things have gotten in Cuba is, is not a, like this is happening completely out of nowhere scenario. So,
Simone Collins: well I have to ask. Do they not have oil reserves? We have oil reserves.
By the way, if you’re [00:03:00] wondering if Cuba has oil deposit somewhere, , they do. But, , in 20 12, 3 deep water, more than 300 meters of water exploration wells were drilled by Italian platform Scarborough nine. , And, , none of the three found commercial quality of oil or gas, which jeopardized Cuba’s hopes to find hydrocarbons to boost its economy.
So basically they, they technically have some around the island, , but , none of the commercial explorations have ever found a way to reach them in a cash positive manner.
Malco