Re: Cuba needs change, not U.S. tourists



Dan Christensen wrote:
On Dec 1, 3:05 pm, "krp" <kr...@xxxxxxxxxxxxxxx> wrote:

[snipping portions of KRP's posting already debunked here, or just too
lame to bother with]

You suggested that US manufacturers would have no competitive
advantage over countries even half a world away. Thanks for
confirming
this was just another Kennykins Mega-Whopper. And that US
restrictions
on trade do indeed help deprive the Cuban population of
electricity,
among other things, as reported in September of this year by
Amnesty
International:
I am not "SUGGESTING" anything. I am stating as a FACT. Shipping
distance is only ONE factor in product cost.Look dimwit, I know this is way
too complicated for a stupid Marxist to understand, but cost of labor is
perhaps the largest factor in product cost. In this comparing a product made
where labor costs $25 an hour versus $15 a month.

Like I told your clownish colleague

You mean the guy that exposed your lies using the link you foolishly posted.

here, there is more to competitive
advantage than factory wages.
(snip)

Your link:
http://www.nationmaster.com/graph/eco_wor_tra_exp_ele_equ_nes-trade-exports-electrical-equipment-nes

The ranking:
# 1 Japan: 15,336,900
# 2 Germany: 11,767,500
# 3 China: 10,110,100
# 4 United States 9,298,030

And the Us is only number 4 while the numbers 1 to 3 freely trade with Cuba.

the real reason Cuba is in a mess is because it can't pay for anything.

Some of its supplier haven't been paid for a year and over a billion dollars in commercial debts - on top of others - are outstanding.

Mexico, South Africa, Russia, ... and others have had to forgive Cuban debts.

Cuba couldn't repay its Eurobond issue.

See:
La Nueva España - Diario Independiente de Asturias - Opinión - Atrapados
en el «corralito» cubano (1 December 2009)
http://www.lne.es/opinion/2009/12/01/atrapados-corralito-cubano-br/841805.html

Los gobiernos extranjeros interceden para que los bancos cubanos paguen sus deudas con las empresas privadas
LA HABANA, 19 Nov. (Reuters/EP) -
http://www.europapress.es/latam/cuba/noticia-cuba-gobiernos-extranjeros-interceden-bancos-cubanos-paguen-deudas-empresas-privadas-20091119214214.html


THE CUBAN ECONOMY IN A WORLD OF UNCERTAINTY - Misceláneas de Cuba
http://www.miscelaneasdecuba.net/web/article.asp?artID=22961

Cuba Moves to Decentralize Imports
July 21, 2009

HAVANA TIMES, July 20 - The Cuban government has decided to decentralize
expenditures in hard currency for imports, which will now be managed by
the individual ministries instead of a single centralized super account,
reported Mexico's La Jornada newspaper on Monday.

Nevertheless, the daily points out that the new measure does not state
the fate of outstanding accounts that have not been paid to foreign
suppliers over the last seven months, estimated at around one billion USD

Cuba Moves to Decentralize Imports - Havana Times.org (21 July 2009)
http://www.havanatimes.org/?p=12010

Los exportadores valencianos llevan un año sin cobrar sus ventas a Cuba
- Valencia_Valencia - Valencia - ABC.es (15 July 2009)
http://www.abc.es/20090715/valencia-valencia/exportadores-valencianos-llevan-cobrar-20090715.html
http://cubafacts.blogspot.com/2009/07/los-exportadores-valencianos-llevan-un.html

Cuba tells creditors debt grew by $1.1 billion
Fri Sep 5, 2008 6:12pm EDT
By Marc Frank
http://www.reuters.com/article/bondsNews/idUSN0519102820080905?sp=true

Cuba can't pay debt to Russian bank
September 04, 2008
http://miamiherald.typepad.com/cuban_colada/2008/09/cuba-cant-pay-d.html
http://cubafacts.blogspot.com/2008/09/cuba-cant-pay-debt-to-russian-bank.html

South Africa waives Cuban debt
http://afp.google.com/article/ALeqM5i9qVm5DSX4lG_HOpc3fZ4oLSO59g
http://cubafacts.blogspot.com/2008/04/south-africa-waives-cuban-debt.html

Ambassador says Mexico will re-negotiate Cuban debt to improve relations
The Associated Press
Published: November 28, 2007
http://www.iht.com/articles/ap/2007/11/29/news/CB-GEN-Cuba-Mexico.php
http://cubafacts.blogspot.com/2007/11/ambassador-says-mexico-will-re.html

India agrees to waive $62 million in Cuban debt
http://www.thehindu.com/2007/04/13/stories/2007041303361200.htm
http://cubafacts.blogspot.com/2007/04/india-agrees-to-waive-62-million-in.html

PL
.



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