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Deflection. Cuba has an entire world they can trade with, and they do. Russia, China, countries in Europe, Canada, Mexico, etc.. Only US companies are mostly
by skellington 2y ago
Deflection.
Cuba has an entire world they can trade with, and they do. Russia, China, countries in Europe, Canada, Mexico, etc..
Only US companies are mostly blocked (and there are exceptions there too).
Nothing about the status of Cuba can be attributed to US sanctions unless you think their problems come from a shortage of Bourbon or monster trucks.
- clayhacks 2y agoThat’s not the whole truth. The sanctions ban any ship from stopping at Cuba then coming to America for 90 days. Yes technically you could go from wherever to Cuba and that’s it, but no company would miss out on the massive American market in exchange for a tiny island nation. They can’t import fuel to run their power plants, nor the solar panels to replace them.
- richrichie 2y agoI have worked in banking. You have no idea how difficult it is to do financial transactions if you are on sanctions list. It affects not just US companies or banks. Sanctions impact is sweeping. It is like async keyword. If you touch US dollar then you cant deal with sanctioned entities without risking criminal prosecution. Easier for narcos to do banking (big banks are guilty of it) than Cubans.