This is just a recession, like the one in the 70's. Things will be ok again.
What has triggered this crisis was that your bankers lent money to people who could not repay and then passed on the risk to someone else. Then the money has gone into oil and commodities, that is the reason oil and rice prices are up.
Your bankers need some regulation.
Cuba is a poor country. It does not have the best health care system in the world by any means. It does not have the best education system either.
The arab countries have lower GDPs than the US. The US has the best universities in the world. It's not Nafta, it is China.
I agree with what you say about debt; your bankers need some regulation.