Author Topic: Communists Fumble Economy So Badly Sugar is $25 a Pound in Cuba  (Read 822 times)

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Offline ChemEngrMBA

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Communists Fumble Economy So Badly Sugar is $25 a Pound in Cuba
« on: December 27, 2024, 08:25:53 pm »
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https://www.americanthinker.com/blog/2024/12/cuban_communists_fumble_economy_so_badly_that_they_now_import_sugar_at_25_dollars_a_pound.html

December 27, 2024
Cuban communists fumble economy so badly that they now import sugar—at $25 a pound
By Olivia Murray
For the better part of a century, Cuba has been under the control of communists and their ideologies, and the previously inconceivable has finally happened—they’ve run out of sugar. Like John Hinderaker at Powerline quipped, “This is like Libya running out of sand.”

« Last Edit: December 27, 2024, 08:26:54 pm by ChemEngrMBA »
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Online rangerrebew

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Great communist successes: Cuba the “sugar bowl of the world” now has to import sugar
Cuba
 

By Jo Nova

Things were dire in October, and they aren’t getting better:
Spare a thought for the people of Cuba.   In October, Cuba suffered through a week of extended blackouts when 7 out of 8 power plants were out of action. After power was restored it meant people in Havana, the capital city, got 4 or 5 hours of electricity a day. (So they only had 20 hour blackouts each day, instead of 24 hour ones). According to The National, people often travel by horse-drawn carts rather than motor cars, and in the countryside, it’s a common sight to see ploughs being pulled by oxen. “Motorways connecting major cities are eerily quiet. ”

Not surprisingly, in the last few years, ten percent of the entire population has left (mostly for Florida). Unfortunately for Cuba, these were the working age adults. Predictably, the loss of productive workers and productive electricity means the loss of product, and so it has come to pass:

Cuba Runs Out of Sugar
John Hindraker, Powerline

This is like Libya running out of sand: Cuba is now an importer of sugar:

The Cuban government acknowledged that it is “shameful” for the island, traditionally one of the leading sugar producers in Latin America, to be forced to import this product.

Cuba was once known as the Sugar Bowl of the world.

John Hindraker calculates that the current cost of a pound of sugar in Cuba is about $25 US.

https://joannenova.com.au/2024/12/great-communist-successes-cuba-the-sugar-bowl-of-the-world-now-has-to-import-sugar/
The unity of government which constitutes you one people is also now dear to you. It is justly so, for it is a main pillar in the edifice of your real independence, the support of your tranquility at home, your peace abroad; of your safety; of your prosperity; of that very liberty which you so highly prize. But as it is easy to foresee that, from different causes and from different quarters, much pains will be taken, many artifices employed to weaken in your minds the conviction of this truth.  George Washington - Farewell Address

Offline MOD6

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Re: Communists Fumble Economy So Badly Sugar is $25 a Pound in Cuba
« Reply #2 on: December 30, 2024, 08:45:04 pm »
Merged.