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I was born and grew up in China in the 60. Cuba now is like China under Mao before embracing market economy. Personally US embargo has little to do Cuba's e
by srcmap 12y ago
I was born and grew up in China in the 60. Cuba now is like China under Mao before embracing market economy. Personally US embargo has little to do Cuba's economy development difficulty. Without US, it can still trade with Canada and rest of Latin America. Like China in 60,70, It is the central planning aspect of economy that is killing any incentive for normal people/organizations to be productive.
- hikarudo 12y agoThank your for writing this. Many people have commented in this thread that the US embargo on Cuba is responsible for Cuba being a poor country. However, Cuba can still trade with other countries. They could even buy American products through other countries. They don't do so (in a significant scale) because they have nothing to offer. Cuba offers little of value to the rest of the world.