https://en.wikipedia.org/wiki/Economic_policy_of_the_Hugo_Ch%C3%A1vez_administration https://en.wikipedia.org/wiki/Economic_policy_of_the_Hugo_Ch... In short:

https://en.wikipedia.org/wiki/Economic_policy_of_the_Hugo_Ch%C3%A1vez_administration https://en.wikipedia.org/wiki/Economic_policy_of_the_Hugo_Ch... In short: price controls, nationalization, high taxation, corruption, Cuban economic influence (read socialism/marxism), economic malinvestment, overspending, debt, and then printing money...