Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

How are things in Cuba today? The economic situation seems to improve gradually?

0
Posted

How are things in Cuba today? The economic situation seems to improve gradually?

0

Guevara: 1994 was rock-bottom for us. After that the Cuban economy gradually began growing again, which was a miracle, really. And El Che had nothing to do with it! (Laughs) Or maybe, a little. That year made a great impression on us all. Imagine: a country which is the victim of a rigorous economic blockade all of a sudden also loses eighty percent of its trade due to the collapse of Eastern Europe. At the same time the blockade is even tightened, and the prices of Western goods, which we desperately needed just like any other Third World country, keep on rising. And still we managed to let our economy grow. That is the miracle. A very dangerous example. We achieved this without one cent from the International Monitary Fund, nor of any other international financial institution whatsoever! We have showed that you can achieve a lot without money, but with a great political will. I suspect that capitalists around the world are a bit anxious that this example might be followed in other co

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.