US normalizes realtions with Cuba

[BoyNextDoor]

Well folks The cold war is finally over, and not a minute too soon.

I am starting to like this President Obama. Where the fuck has he been for the.last 6 years!?

 

[Kitty]

I thought this was a thread already...

 

[mikey2much]

Maybe he's a fourth quarter player

Well folks The cold war is finally over, and not a minute too soon.

I am starting to like this President Obama. Where the fuck has he been for the.last 6 years!?

I didn't see this coming, but am glad that it happened

 

[BoyNextDoor]

I thought this was a thread already...

That was some weird thread about it being Christmas time for dictators.

This is a weird thread about US Foreign Policy

 

[BoyNextDoor]

I didn't see this coming, but am glad that it happened

I never saw it coming but I like it forsure.

 

[JAMESBJOHNSON]

It wont happen. It'll kill too many jobs in Miami.

 

[domroger]

About time .

 

[Libsam]

I know some people in my area who will be happy to have a new export market.

 

[KingOrfeo]

It wont happen. It'll kill too many jobs in Miami.

Only in the sugarcane fields.

 

[IrezumiKiss]

Well folks The cold war is finally over, and not a minute too soon.

I am starting to like this President Obama. Where the fuck has he been for the.last 6 years!?

Fighting people who don't give a fuck on both sides, getting basic shit done despite the sandbagging and backstabbers, etc.

 

[JAMESBJOHNSON]

I know some people in my area who will be happy to have a new export market.

Cuba has no money to buy exports. It has lotsa cheap labor.

 

[KingOrfeo]

Cuba has no money to buy exports. It has lotsa cheap labor.

Cuba has sugar and cigars to export.

And, doctors and pharmaceuticals. Cuba has the best med schools in the Caribbean and is the only place there where original pharmaceutical research is done, so I've read.

 

[Sean Renaud]

took him long enough.

 

[Libsam]

Cuba has no money to buy exports. It has lotsa cheap labor.

If there aren't a class of social elites there ready to invest in manufacturing and production to supply a whole new market, then some corporation will move in.

More tax revenues to fund American programs!

 

[DallasDonna]

Just when the whole embargo thing was just starting to work...

 

[FGB]

http://en.wikipedia.org/wiki/Economy_of_Cuba

The economy of Cuba is a largely centrally planned economy dominated by state-run enterprises overseen by the Cuban government, though there remains significant foreign investment and personal enterprise in Cuba. Most of the means of production are owned and run by the government, and most of the labor force is employed by the state, although in recent years, the formation of cooperatives and self-employment has been encouraged by the Communist Party.

In the year 2000, public sector employment was 76% and private sector, mainly composed by personal property, employment was 23% compared to the 1981 ratio of 91% to 8%.[7] Capital investment is restricted and requires approval by the government. The Cuban government sets most prices and rations goods to citizens. In 2009, Cuba ranked 51st out of 182 with an HDI of 0.863; remarkably high considering its GDP per capita only places it 95th.[8] Public services and transport in Cuba, however, are second-rate compared to more developed counterparts on the mainland.[9] The country's public debt in 2012 was measured at 35.3% of GDP. At the same time, inflation (CDP) was ranked at 5.5%. Furthermore, in the same year, the economy encountered a 3% growth in GDP.[10]

Before Fidel Castro's 1959 revolution, Cuba's capital, Havana, was a "glittering and dynamic city".[11] The country's economy in the early part of the century, fueled by the sale of sugar to the United States, had grown dynamically. Cuba ranked 5th in the hemisphere in per capita income, 3rd in life expectancy, 2nd in per capita ownership of automobiles and telephones, and 1st in the number of television sets more... http://en.wikipedia.org/wiki/Economy_of_Cuba

 

[FGB]

If Fidel would have retired this would have happen years ago.

 

[neci]

cuba has some beautiful urban farms.

 

[RobDownSouth]

If Fidel would have retired this would have happen years ago.

I've been reading about how the oil crash has a direct impact on Cuban-America relations.

Hugo Chavez of Venezuela basically propped up the entire Cuban economy for several years by gifting the Cubans with cut-rate oil. When prices were high, Venezuelans could afford to be magnanimous.

Prices aren't high anymore, Chavez is dead, and Venezuela has problems of their own now.

With no Sugar Daddies left on the horizon, it seems Cuba's hand was forced.

 

[FGB]

I've been reading about how the oil crash has a direct impact on Cuban-America relations.

Hugo Chavez of Venezuela basically propped up the entire Cuban economy for several years by gifting the Cubans with cut-rate oil. When prices were high, Venezuelans could afford to be magnanimous.

Prices aren't high anymore, Chavez is dead, and Venezuela has problems of their own now.

With no Sugar Daddies left on the horizon, it seems Cuba's hand was forced.

That is often the way the world works.

 

[RobDownSouth]

That is often the way the world works.

I don't disagree with you.

It may not always be the way history is reported, though.

 

[FGB]

I don't disagree with you.

It may not always be the way history is reported, though.

True that!

 

[oggbashan]

It's going to affect shops in London who have been supplying visiting Americans with Cuban cigars 'hand-rolled on the legs of virgins'.

When travelling to Washington, my father used to fill a Diplomatic bag with Cuban cigars for giving to US politicians...

 

[BoyNextDoor]

Fighting people who don't give a fuck on both sides, getting basic shit done despite the sandbagging and backstabbers, etc.

Well it would have been nice of him to do this before the election. And it would have been better for him to do his thing on immigration before the election, as well.

I think it would have helped. That is all I am saying.

 

[Que]

http://en.wikipedia.org/wiki/Economy_of_Cuba

The economy of Cuba is a largely centrally planned economy dominated by state-run enterprises overseen by the Cuban government, though there remains significant foreign investment and personal enterprise in Cuba. Most of the means of production are owned and run by the government, and most of the labor force is employed by the state, although in recent years, the formation of cooperatives and self-employment has been encouraged by the Communist Party.

In the year 2000, public sector employment was 76% and private sector, mainly composed by personal property, employment was 23% compared to the 1981 ratio of 91% to 8%.[7] Capital investment is restricted and requires approval by the government. The Cuban government sets most prices and rations goods to citizens. In 2009, Cuba ranked 51st out of 182 with an HDI of 0.863; remarkably high considering its GDP per capita only places it 95th.[8] Public services and transport in Cuba, however, are second-rate compared to more developed counterparts on the mainland.[9] The country's public debt in 2012 was measured at 35.3% of GDP. At the same time, inflation (CDP) was ranked at 5.5%. Furthermore, in the same year, the economy encountered a 3% growth in GDP.[10]

Before Fidel Castro's 1959 revolution, Cuba's capital, Havana, was a "glittering and dynamic city".[11] The country's economy in the early part of the century, fueled by the sale of sugar to the United States, had grown dynamically. Cuba ranked 5th in the hemisphere in per capita income, 3rd in life expectancy, 2nd in per capita ownership of automobiles and telephones, and 1st in the number of television sets more... http://en.wikipedia.org/wiki/Economy_of_Cuba

That is why it is insane that people think Cuba's grand experiment with communism was a failure because we opposed and undermined them. Sure, the embargo affected tourism dollars from the US, but that is minor in the grand scheme of things. In Cancun, tourists are as likely to be non-Americans as not.

IT failed because removing the incentive to strive to get ahead always results in implosion. At first all of the seized assets provided 'other people's money' but once that initial influx petered out it failed.

Same productive, prosperous people; take away the incentive, and you have modern Cuba.