Cuba - Some Thoughts

Posted on the 18 December 2014 by Markwadsworth @Mark_Wadsworth

just thinking aloud, not sure what of this makes sense...

  1. It seems for a while that Fidel's brother, Raul, is a lot less wedded to the idea of Communism, doesn't have the flag-burning attitude of his idiot brother, has perhaps realised the revolution was a disaster. There's been a lot of market reforms since he took over.
  2. They've relied on other countries for 50 years for support. First USSR, then Venezuela. Venezuela's going down the tube, so they're now considering other options.
  3. The people who came over from Cuba in the early 60s who hate the Castros are dying out and declining as a percentage of the Florida population. This means it's less likely to swing the state one way or another.
  4. The republicans will cry about not lifting the embargo. Give it a few years, they'll tone that down. There's an issue about land taken by Cuba from American companies. Estimated value today about £7bn. Chicken feed to sort out diplomatic relations and get trade going again. The US government could have a ceremony where the Cuban government hands over a check that goes to those people, and the US pays it back.
  5. Assuming diplomatic/commercial relations come back, the economy will be tourism, nickel mining, cigar production, agriculture. Islands don't suit heavy industry.
  6. Cuba has lots of coast. Big long island. Let the Americans build hotels on beaches and collect a load of LVT for the locals. Not sure how much beach there is, but even on unattractive bits of coast, people pay a premium for housing.