19 votes

The government of Cuba declares itself in a ‘war-time economy’

5 comments

  1. [5]
    ACEmat
    (edited )
    Link
    As someone who isn't even old enough to remember 9/11, it blows my mind that we (the US) are still enforcing a trade embargo on Cuba. I just cannot fathom still giving a shit about it. Would...

    As someone who isn't even old enough to remember 9/11, it blows my mind that we (the US) are still enforcing a trade embargo on Cuba. I just cannot fathom still giving a shit about it.

    Would ending that alleviate Cuba's economic issues?

    29 votes
    1. [2]
      EgoEimi
      Link Parent
      Cuba can trade with any other country. And they do trade with European countries, Latin America, China — so they're hardly lacking for trade opportunities....

      Cuba can trade with any other country. And they do trade with European countries, Latin America, China — so they're hardly lacking for trade opportunities. https://www.politifact.com/factchecks/2021/jul/19/facebook-posts/cuba-can-trade-other-countries-heres-some-context/

      Their economy is, like @Minori said, just inefficient.

      17 votes
      1. Minori
        Link Parent
        The inefficiencies of their economy are incredible too! They're the only country in the world that sends their doctors abroad to earn money for the state. Service workers sending remittances is...

        The inefficiencies of their economy are incredible too! They're the only country in the world that sends their doctors abroad to earn money for the state. Service workers sending remittances is perfectly normal, but it's truly bizarre to underpay your doctors enough to do similar.

        They should be perfectly fine on food too with all their trading partners and arable land, but the government mandates depressingly poor agricultural practices.

        10 votes
    2. Minori
      Link Parent
      Based on everything I've read, that would help, but it wouldn't matter much. Turns out command economies are just inefficient.

      Based on everything I've read, that would help, but it wouldn't matter much. Turns out command economies are just inefficient.

      16 votes
    3. ebonGavia
      Link Parent
      It's just a part of US foreign policy that we have to do performative cruelty.

      It's just a part of US foreign policy that we have to do performative cruelty.

      13 votes