CUBA Has Collapsed

[@PhilipPerry-e6x]

I plan to retire at 62 in another country outside the US that is free,safe and very cheap with a high quality of life. I could fully just rely on only my SS if I wanted to when that time arrives but I'll also have atleast one pension, a 403 (b) and a very prolific investment account with Susan Jane Christy, my FA. Retiring comfortably in the US these days is almost impossible

[@StephenCarpenter-u4r]

I know this lady you just mentioned, Susan Jane Christy. She is a licensed broker and a FINRA agent. She is popular in the US and Canada, she's really a skillful and experienced woman in that area

[@RandyWatson-f2u]

I went from no money to invest with to busting my a** off on Uber eats for four months to raise about $20k to start trading with Susan Jane Christy. I am at 128k right now, I'm loving that you brought her up here

[@JohnTucker-b8j]

I'm planning to retire in a conservative Christian community in Texas. I'll pay for my home in full and retire comfortably in my country

[@PeteJimenez-g1q]

I've heard of her How can I reach her guys, if you don't mind me asking?

[@RandyWatson-f2u]

I will leave her line under this comment

[@garyddlewis3067]

Joe, your videos have been criticised by Russian bots on pro Russian you tube channels. Keep up the good work as you are clearly touching a nerve. 👍👍👍.

[@DK-gj5sp]

He is a crook and loser

[@DK-gj5sp]

Loser

[@matts2488]

I criticize his videos all the time. I’m not a bot. 50% of his content is basically just western media echo chamber at best or propaganda at worst. The other 50% is pretty good. I.e according to Joe China and Russia economies have collapsed 50 times in the last two years and Russia lost the Ukraine war a year ago. Never seen a video explaining why he is so often wrong.

[@DK-gj5sp]

He is a thug

[@garyddlewis3067]

@@matts2488 Unaware I mentioned you. Here in the “West” we are, of course, free to criticise anyone within reason.

[@raulvinals]

I'm Cuban myself (65), I jumped out of a plane in 1988 while refueling in Gander, NFLD, Canada. All I ever knew was Castro. At the time there were power outages and food and all sort of shortages. In all, the communism experiment has always been a disaster. Great work as usual, Joe. Keep it up❤❤❤

[@pietpiekstra-sl1vr]

what do u think a s for a solution ? do u think the population will revolt ? do u think the US should help (not military)

[@rorykeegan1895]

All those US sanctions had nothing to do with it?

[@quintboredom]

​@@rorykeegan1895 I'm from Venezuela and a similar rhetoric is used for our crisis and I imagine the answer is quite similar for that of Cuba since both our dictatorial regimes get along quite well. And let me assure you that any consequences that the many sanctions could have had on Cuba's economy pales in comparison to the consequences of the economic and social policies enacted by the communist dictatorship throughout the decades. I hope the world some time later acknowledges what atrocities were done to Cuba and Venezuela in the name of communism and socialism, because it can't just be brushed off as US economic sanctions, it's ridiculous and insulting to us locals who had to go through living a brutal dictatorship and worked our asses off once we made it out

[@flintcityhc1524]

“Old man yells at cloud” energy. Biden isnt a communist, youre just easily mislead and likely kinda dumb.

[@BeardofBeesPool]

​@@rorykeegan189522% of Russia still doesn't have indoor plumbing. That number was probably higher during the Soviet Union. 😂

[@gregash7683]

Having travelled to Cuba, one of my tasks was replacing electric wiring, wall switches, and outlets at a ministry center. Nothing had been upgraded since the mid 1950's - before the Castro regime. As a byproduct of the work, I checked the current at various times of the day. What didn't surprise me was the voltage varied from 100 volts to 118 volts and the power cycled from 59 Hz to a low of 50 Hz at a location in the general Havana region. A complete lack of power for 12-14 hours per day is one thing, but low voltage and unstable Hz is another. Anything with an electric motor is first to burn out - refrigerators, electric fans, air conditioners, power tools, etc. Unstable current also affects the life and performance of electronics like computers and televisions. An economy cannot be sustained with oxcarts, bicycles, candles, and kerosine stoves. For the regime, control of the masses requires control of the media that requires power to run TVs and radios. That is all collapsing for the general population, as well as the privileged elites: politicians, state security, and the military who require electronics to monitor and control the masses.

[@DogmaticAtheist]

Communism, yay!

[@boink800]

Since 1959 almost nothing has been updated in Cuba. Time has frozen in Cuba.

[@mr.angelosonassis3069]

Thanks for this precise, detailed report. How can we help them with such boneheads in charge?

[@detch5307]

Great point.

[@TerriAnderson-eo4cj]

Hey, man, you ain't Joe Blogs, but, you ain't bad❤

[@qbaqban]

Left Cuba in 1997 escaping that dictatorship, love living in Canada and never went back. Throughout the years my family was able to escape as well. Thanks for the updates, keep up the good work!

[@Aitch-102]

Thats because it's being run by a Cuban.

[@qbaqban]

@@REALEYESREALIZEREALLIES11 I’m not pro Trudeau, but to make the comparison to the Cuban dictatorship is irrational on so many levels

[@hillbilly4895]

@@qbaqban People can be irrational when they're pissed. (Cut him some slack?)

[@nikonmark37814]

Cuba needs to ask their communist and dictator buddies for a bail out, I'm sure they will help out!

[@atheistbushman]

That is what the Soviets did in the 70s

[@TechTusiast]

Just like rich muslim states support poor muslims... not. Christians and atheists do....

[@mrnobody3161]

The Mighty BRIC'S Schittgibbins will come to the rescue 😅

[@ProfessorFickle]

@@mrnobody3161: Brics 🤦‍♂️ , Only Brazil has Solid economy, that’s not a house of cards . Edit: Grammar 🤦‍♂️.

[@justliberty4072]

Yeah, Russia and Venezuela are having a few problems currently.

[@willemvanheusden4754]

The three pilars that Cuba was relying upon crumbled since the 2019 pandemia: tourism, remittances & export of medical staff. With no cheap crude supply anymore Cuba is in dire straits ever since.

[@liberty_and_justice67]

Millions of Cubans and Venezuelans vote with their feet.

[@danielcraig5248]

And So Should Trump OH Wait Felons Can't Vote and he cannot leave until he lol Pardons Himself From his Cases Pending 😅

[@chrishooge3442]

...and Guatemalans, and Nicaraguans, and Haitians. The US hit zero net migration from Mexico as the economy improved there. Columbia, Panama, and Costa Rica have stabilized in recent history. There's an opportunity to bring nations like Columbia into the manufacturing supply chains of the Western hemisphere...particularly as China continues to decline. Carrots and sticks. Carrots can work in many of these countries. I'm afraid Venezuela is going to have to completely collapse before it can be reintegrated into the global economy.

[@AlejandroMartinez-it4qq]

Cuba did not vote communism it was a coup

[@billy77511]

Sadly, they don’t have shoes 🤣

[@cpfishfan14]

@@chrishooge3442 yea, carrots and sticks is why the usa ruined those countries. That theory goes back all the way to Taft.

[@detch5307]

The last person out please turn off the lights...oh, sorry, there are no lights.

[@DK-gj5sp]

Shameless clown

[@thearpox7873]

The lights are there, they just haven't been changed since 1959.

[@rrivera_2747]

😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂

[@rrivera_2747]

​@@thearpox7873or charged 😂

[@PatriciaPalmer-o3e]

🤣❗

[@GuyGadbois-e4e]

Cuba regime would not have lasted so long without the propping up by the former Soviet Union

[@DK-gj5sp]

Ok fatburger Illegal sanctions

[@kafkaspen]

@@GuyGadbois-e4e of course not. However if Cuba had not been subject to the US mandated sanctions then it would likely be moderately successful.

[@ProfessorFickle]

⁠@@kafkaspen: Command economy Don’t work ! they import Sugar now from the USA 🇺🇸 🙃. Citizens are not allowed to fish🙃 They also import salt 🧂… (a island surrounded by salt water called a the Atlantic Ocean 🌊. ) 🙃 USA. 🇺🇸 is Cubas 3 or 4 trade parter . 🙃

[@robopalo8041]

@@kafkaspen you mean, they are not allowed to grow food four summer seasons per year? I thought they claimed to be liberated and independent of USA.,

[@caes0]

America wouldn't have been today without slavery... So?

[@vinniekrieg5441]

We met a Cuban on vacation there about 20+ years ago, and we've kept in touch with him ever since. He and his mom are finally leaving Cuba (next week) to join his sister who left about a year ago. So many of his neighbours have already left. It's such a shame because he's so talented and smart, in any other country, he would have really made something of himself, but in Cuba, his talent was wasted.

[@DK-gj5sp]

America was built upon foreign talent

[@stischer47]

@@DK-gj5sp LOL...true because all Americans, including Amerindians, come from somewhere else. So what's your point?

[@brianboye8025]

​@@DK-gj5spGood. But don't assume the inverse. Americans educate themselves, adding to our great country.

[@robopalo8041]

@@DK-gj5sp no. Cuba used to be America...

[@vinniekrieg5441]

@@robopalo8041 Another great example of a failed country under dictatorship. Take heed.

[@JRFO292]

14:11 yeah, i am 32 and almost all my friens have escaped. Myself i am lawyer and can't wait to leave. I have developed cronic depression and honestly the only thing that keeps me alive is the idea of leaving.

[@wimvanaerde6249]

Much ❤️ from belgium

[@JRFO292]

@@wimvanaerde6249 thanks

[@kafkaspen]

@@JRFO292 would you want a return to a Batista style Government in order to end sanctions?

[@teresas8173]

Much luck to you. I feel badly for your suffering and all Cubans. Stay hopeful. You will find a new home.

[@quaipau]

I left Venezuela 20 years ago. That's just how I felt. It will be a happy day for you, my friend. I hope it comes soon for you.

[@RayPerkins01]

I have just returned from Zimbabwe. With rampant corruption, 90% unemployment and a dysfunctional currency, Zimbabwe has a vibrant, informal, dollar based economy that successfully picks up the slack where the government has failed

[@HANZELVANDERLAAY]

Wow.. interesting..did you feel somewhat safe

[@goldgeologist5320]

Another failed nation that had rich farming and mining. Totally incompetent leadership destroys nations and companies very quickly. Easy to destroy a nation or company, very hard to build a good nation or company. Watch as South Africa declines into poop!

[@tims7250]

Sounds just like the UK 😂

[@andrewallen9993]

Thats what happens when the racists kick the white Africans out.

[@AS-np3yq]

Rhodesia?

[@videomaniac108]

I lived in South Florida from 1965 through 1987, when I moved to California, and was able to meet many Cuban refugees and their relatives. I have always liked the Cuban people very much and was always hopeful that they might someday be able to fix their country.

[@kafkaspen]

@@videomaniac108 when Cuba does eventually collapse all its assets and resources will be “grabbed “ by a US approved set of Oligarchs who will set about reinstating a society based on ‘Batistaism’ (ie. Pre 1959 patterns and principles). I’m not sure the average working class Cuban (90%+ of the population) will see too much benefit from this great reset.

[@lickerpoet]

They ran from their country, and now they want to tell us how to run ours.

[@JRRodriguez-nu7po]

Worry about fixing Commiefornia. Cuban born American citizen here since 1966. Go Trump! As a citizen I want to keep MY country America from becoming communist as Cuba.

[@vandresv]

@@JRRodriguez-nu7powhat an asinine comment, when you think that Go Trump is the solution to move away from what has happened to Cuba. You show how little you learned from living under a dictator as I did. I do admit Fidel was an intelligent one, and Trump,is just Trump, but the similarities are striking except for the ignorant,either by lack of intelligence or lack of knowledge. It seems that you lived in Cuba, so lack of knowledge is not your excuse.

[@lickerpoet]

@@JRRodriguez-nu7po Fix California? The gross domestic product (GDP) of California was about 3.23 trillion U.S. dollars in 2023, meaning that it contributed the most out of any state to the country's GDP in that year.In the fiscal year of 2023, the state of California collected a total of 220.59 billion U.S. dollars in tax revenue, the highest of any state, while total Federal aid to California was only about $163 billion. California remains the world's 5th largest economy. That ain't communism, JR. That's capitalism at its best. Don't fix what ain't broken. You need to fix your sources of information. Trump was the worst President ever. The deficit skyrocketed and he had nothing to show for it, except money in his own pockets. Inflation in the USA is now the lowest of any of all the industrialized nations. Gas and oil production is at the highest level ever, and USA is the # 1 producer thereof. Border crossings are at a level below that during Trump's administration. Guess your people just love dick.....tators. Go Trump....straight to jail.

[@danielmcinnes20]

Excellent video, as always!! Thanks Joe!! Slava Ukraine 🇺🇦!!!!!

[@DelphineBarkley]

You spoil us Joe! I've digested a plethora of macroeconomic/markets oriented channels here on KZbin over the years and the only two that I can still stomach are you and Adam Taggart. You get the very best and spot on facts and ask thought provoking and unbiased questions that help listeners like myself better understand the complex forces driving our world today. More importantly, thank you for recommending Abby Joseph Cohen Services my investment portfolio with her has been quite sustaining

[@VonNothias]

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[@VernesaGunz]

How can i reach this Abby Joseph Cohen, if you don't mind me asking? I've known her by her reputation at Goldman Sachs

[@DelphineBarkley]

​@@VernesaGunzWell her name is 'ABBY JOSEPH COHEN SERVICES'. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.

[@Merissabade]

I was a stay at Home mom with no money in my IRA or any savings of my own, which was scary at 53 years of age. Three years ago I got a part time job and save everything I make. After 3 years, I am 56 yo and have put $9,000 in an IRA and $40,000 in my portfolio with CFA, Abby Joseph Cohen. Since the goal of getting a job was to invest for retirement and NOT up my lifestyle, she was able to scale this quickly to $150,000.

[@EdenaCrisi]

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[@alanmcmillan6969]

Thanks for today's view of what is happening in cuba.

[@jimboalogo6977]

I'm amazed that Cuba has lasted this long. Canadian tourists have probably propped up the Dictatorship for too long now.

[@seanphurley]

I don't understand this, good, non Cuban people touring. Proudly making videos of the cigar markets while a dictatorship is in charge

[@seanabbott798]

The first Cuban immigrant I met was testing for his CNA certification with me 25 years ago. We talked for a bit. He said he was a doctor and fled with his family after the police robbed him and his family at gunpoint in their home the third time.

[@DK-gj5sp]

Clown and loser

[@jodystewart9028]

Yup... A Canadian that I knew had his honeymoon near Havana.

[@blablup1214]

It is a beautifiul Island. What do tourist care ? What do you expect, people also buy stuff made in countries with child labour and dictators....

[@yamaneko-ex8fy]

Thank you Joe. You are doing a fantastic job on keeping us informed. Keep it up, please!

[@Crcdyeworks]

Excellent work Joe!

[@buckystarfinger2487]

No Cuban trolls. You need electricity and computers for bots to do their work. I'm disappointed.

[@HectorGonzalez-fz6ws]

They can't be on their government computers they are out looking for dollars because Cuban pesos are worthless

[@DK-gj5sp]

You are a sewer rat

[@DK-gj5sp]

Illegal sanctions

[@buckystarfinger2487]

@@DK-gj5sp no crime in not doing business with thugs.

[@DK-gj5sp]

@@buckystarfinger2487 you thugs destroyed Cuba leaving farmers starving and you are an Ash lole

[@TheBlackIdentety]

That's what happens when you ally with Russia. You love to see it.

[@ProfessorFickle]

USSR collapsed due to having a oversized military spending , bad accountability and paying for Cuba 🇨🇺 1959-1989🙃📉

[@Flaggyt]

If you boycot a country they will seek allies somewhere else it's not that strange. Basically America created the problem. But they always only look at short-term and what will win the elections. Same thing happening right now, there are elections so they have to support Israel no matter what or they will lose.

[@johnl5316]

@@ProfessorFickle planned economy with its inevitable totalitarianism

[@atheistbushman]

@@ProfessorFickle You forget to mention the other 20 reasons

[@ProfessorFickle]

@@atheistbushman : 20 other reasons Would take too long 😑.

[@Johnny-bm7ry]

So many failed states around the world.

[@paulmoffat9306]

Every one of them, followed Carl Marx ideology.

[@davidjones6389]

Communism and Imperialism and Theocratic states have no future.

[@drstrangelove4998]

Every one socialist.

[@ProfessorFickle]

@@drstrangelove4998: Haiti 🇭🇹 was Never socialist .

[@ProfessorFickle]

@@drstrangelove4998: Norway 🇳🇴, Denmark 🇩🇰, Sweden 🇸🇪 are rich socialists countries .

[@davidhowse884]

Communism has failed as a political experiment, but the USSR tried to export it worldwide.

[@Micfri300]

The ussr didn't have mass migration that made their cities shitholes though. That aspect people forget..

[@mukkaar]

​@@Micfri300 Dude, they literally moved around huge amounts of people, both with force and other means. Also many areas were heavily exploited, like Ukraine coincidentally to make USSR work

[@petergraphix6740]

USSR exported authoritarianism everywhere they went so failed economic policy is no surprise

[@PedroCastro-vn8qg]

@@Micfri300 XD wtf this as to do with migrants ? migrants are the new jews for the right.

[@PedroCastro-vn8qg]

@@Micfri300 Is that your new space goat? Is blaming jewish people out of fashion.

[@billysmith6284]

Cuba collapsed 60 years ago.

[@DK-gj5sp]

Illegal sanctions and shame on you

[@billysmith6284]

@@DK-gj5sp bullshite.. evil despotic communist dictator.. not sanctions..

[@TheObserver3]

​@@DK-gj5spSanctions aren't illegal sanctions are a collective rebuke, people choosing not to play with you isn't illegal.

[@rhetorical1488]

@@TheObserver3 collective? is that why regular US citizens visit cuba via other countries? Illegal US sanctions are implemented world wide.

[@daviddelgado6090]

​@@DK-gj5spIllegal how?

[@KenPassey-hd2mc]

👏👏 always illuminating

[@craigalbrechtson5364]

My mother and brother went to Cuba a few years ago. Very nice people. But I saw these pictures they took of all these once. Beautiful buildings in Havana that are just slowly rotting. From what they told me, that's pretty much indicative of the entire country.

[@atomic3141]

An epic example of turning heaven into hell.

[@Calintares]

when was Cuba heaven?

[@DK-gj5sp]

​@@Calintareswhen corporations were looting all the sugar being middle men and farmers were starving.

[@brianboye8025]

Phony history of poor oppressed brown people in Cuba pre-Fidal.

[@brianboye8025]

Non-communist Cuba had excellent agriculture before the brainless communist principles were enforced.

[@Robert-n4h]

They had one of the highest GDP in the 40's and 50's. It died with the revolution.

[@PatriciaPalmer-o3e]

❗DESPICABLE. A beautiful country, a beautiful, hardworking people. Thanks Joe.

[@jameskamotho7513]

I don't pity Cuba. It could be rich and prosperous if they dropped their ideological war. I don't know what point they want to prove at this point and to whom...

[@Kaiserboo1871]

How many people that even remember the Batista era are even still alive? It can’t be that many.

[@kafkaspen]

@@jameskamotho7513 they probably don’t want to return to their role as the whorehouse of the USA like they were before 1959.

[@2639theboss]

It's not just that. They could keep their ideological war with the US if they really wanted to, IF they also didn't piss off all of South and Central America too because they're determined to buddy-up with Venezuela. Like, there's a whole series of determined efforts to make everyone hate them here. It wouldn't take a genius to stop making those decisions.

[@bubbajones5905]

It's a dictatorship. It's all about holding on to power. The welfare of the people be dammed.

[@Nun195]

When was Cuba rich and. Prosperous?

[@Luckydog557]

Thanks for covering this issue

[@codix2528]

every time communism worked:

[@larryc1616]

Don't worry Argentina will be even worse 😢

[@doilyhead]

Primitive tribes practice communism. Otherwise it devolves into fascism due to greed and corruption.

[@rhetorical1488]

lol it may have worked as cuba is tiny. the sanctions and industrial warfare against it ensured the failure

[@jankostrhun8725]

@@darinmullins4770 Not doing so good compared to what exactly?

[@sichere]

@@darinmullins4770 Capitalism has been around for over 4,000 years - Communism is a pseudo science !

[@semperfi-guy]

Thank you for your service.

[@daverees6681]

Really very good coverage of a 75 year long catastrophe. Now that water's going, too...Well, aid certainly seems needed. Will it finally come?

[@jasonnugent963]

I hate to say I feel like the rest of the world really isn't in a place to provide good coordinated aid to nations like Haiti or Cuba. I'd love to see that happen,.. but given all the other conflicts and controversies around the world, I think getting an direct, immediate, well-coordinated and effective help to Cuba is probably not realistic.

[@kafkaspen]

I’m guessing if a capitalist country had been under strict sanctions for 62 years it would also have significant economic issues.

[@DK-gj5sp]

​@@jasonnugent963over clever and cunning pos

[@alexandrajohnson886]

My friend in Cuba let me know only 3-4 hours of electrical power has been available recently 😭… even if they have funds -the prices are astronomical … Truly one of the saddest situations. I help my local community but reach out to the Cubans because I’d rather see them “survive” than attempt to migrate (which they are remaining in their country) … Milk is rationed and provided only to children up to 7 yrs old … medicine is scarce… they can’t butcher the beef for it is reserved for tourists … They stand in line for 4 PCs of bread DAILY -at the crack of Dawn and supply is limited . I can go on about the sad situation

[@willemvanheusden4754]

Point is state owned businesses charge abusive prices while private businesses charge less. So the private businesses are considered as unwelcome competition for the stated owned businesses of the military and party elite.

[@kafkaspen]

Any kind of monopoly whether it is a state owned or private business is unacceptable and not in the interests of customers.

[@dereckhasken9055]

Don’t be a fool! Private enterprise only fills the pockets of the rich and we all know that “trickle down” is a fantasy.

[@chrysalis4126]

"private businesses charge less" Tell that to my UK energy company. We pay the highest energy prices in Europe. France, Denmark,Germany,Norway, Sweden all still have nationalised companies like we used to do.

[@willemvanheusden4754]

@@chrysalis4126 That is here. In Cuba it is te state business (owned by miltary & party elite) that rips off the citizens. Badly run state businesses do not pay taxes nor will they be bothered by inspectors. Succesful private businesses will not be tolerated.

[@tims7250]

Maybe 🤷‍♀️ Idk

[@buzzell93]

I’ve worked with many Cubans. Great people. Sad to see doctors, chemical engineers, teachers, lawyers etc.. doing menial jobs, but they are far better off here (USA) than at home. They see their homeland as a prison island. No jobs. People living on fish and mangoes.

[@boardcertifiable]

Mangoes and fish? Sounds tasty though i can see how that can get bland after a while.

[@buzzell93]

@@boardcertifiable Beef and lobster are illegal 😢

[@NexPutax]

​@@buzzell93Even $$ tourists are lucky to find those items.

[@DK-gj5sp]

​shame on you. Illegal sanctions

[@normbale2757]

@@DK-gj5sp Do you believe a socialist paradise would have happened except for the sanctions.

[@John-cc9my]

Thanks Mr blogs ❤

[@gerryhouska2859]

I feel sorry for Cuba, land of beautiful music, delicious rum and wonderful cigars.

[@richardlellip.e.m.b.a.7969]

Joe could've said that 60 years ago and that statement wouldn't have changed.

[@DK-gj5sp]

Clown

[@Greenbambu78]

I was born in a communist country, where I experienced life with only a couple of hours of electricity every other day. Not to mention, there was no hot or cold water for showers, electric stoves, or air conditioning. Yes, blackouts were common back then, too. No wealthy Western countries wanted to invest in communist countries plagued by high corruption and crime rates, which shared none of the values of capitalism. Even a country like Russia has implemented some elements of capitalism, but Putin decided to consolidate power among the oligarchs to achieve his czarist dream. This means that a country can’t fully achieve long term prosperity by being half-a_s communist and partially capitalist. Xi is doing the same thing in China. I didn’t realize that China didn’t want to invest in Cuba, especially since Cuba is so close to Florida. Investing in Cuba can give China a spying base to influence FL to divorce the US over Trump. China has been exerting its dominance across various continents, yet it hasn’t prioritized feeding its own people, but give up the piece of steak, Cuba. That’s new.…

[@DavidCooper-bn6te]

China IS investing in Cuba for the very reason you mentioned. They're trying to keep it "low-key", but you can bet the NSA, CIA and DARPA are very well aware of China's intelligence gathering operations. Perhaps it would in the interests of the US to enhance security at Gitmo. Two can play at that game!

[@octavianpopescu4776]

As an Eastern European myself, yup, that description of communism sounds about right. But regarding China buying Cuba... maybe they were waiting for a collapse to buy it for cheap.

[@kafkaspen]

@@Greenbambu78 Putin’s economic policy (prior to the Ukraine war) was in many respects the most perfect realisation of the type of capitalism dreamed of by Hayek and Friedman (ultra capitalism with zero state intervention but no interest in politics).

[@kyledabearsfan]

China actually has been investing in Cuba. There is actually an old baseball stadium that was reworked as a listening post by the CCP. They have definitely been putting money in Cuban hands at the minimum. Maybe a Belt/Road initiative play.

[@AS-np3yq]

@kafkaspen Thats fully incorrect. You just project your hatred on that. Oligarchs controlling everything is not "everybody can build a company withoit useless limitations". There where limitations, by the state/oligarchy.

[@Micha-qv5uf]

I didn't know Cuba was ever uncollpased lol

[@mika4098]

"US and Cuba had close relations." That's one way of putting it. Cuba started introducing reforms like 8-hour work day, minimum wage and giving peasants legal titles to the lands they farmed. US companies had sugar-farming interests in Cuba, so the US backed a coup. Batista's regime was a series of human rights abuses and corruption, but he did indeed have good relations with the US. Not to say Castro was any better, replacing a military junta with a military junta of a different color.

[@DK-gj5sp]

Illegal sanctions

[@modero6370]

Just a reminder. The living standards under Batista were higher then now and the US sanctioned as an answer to the outright theft of property from US citizens and companies by the Castro Regime.

[@kafkaspen]

@@DK-gj5sp sanctions are determined by sovereign nations. Are you proposing that nations are COMPELLED to trade with countries they don’t wish to trade with?

[@thinkerly1]

Communism does not work. The "dictatorship of the proletariet" leads always to a dictatorship of one person, a cult of personality, in which the leader rules until they die or are deposed. In Russia, "communism" led to the rise of Stalin, who ruled for thirty years. In Cuba, Fidel ruled for forty-seven years. In China, "communism" led to Mao ruling for twenty-five years. In North Korea, there has been a dynasty since 1948, with Kim Il-Sung passing power to his son Kim Jong-Il in 1994, who passed power to his son Kim Jong-Un. The most important issue, however, is that these systems never lead to providing better lives for the people. China has adopted a hybrid system, with the party at the top and relatively free markets below. China has state capitalism, not communism.

[@deevnn]

@@thinkerly1Looks like you’ll need to take a look at the failed American Democracy which is now potentially leading to an Autocratic Dictatorship. There is a major disparity of wealth around the World because the ultra wealthy Corporations and individuals are destroying the Middleclass worldwide.

[@dennisroland5654]

First class, Joe. Brilliantly composed and presented, Thank you.

[@JRFO292]

7:30 True, we barely work one or two hours a day.

[@peterlee4682]

As always, blessings and thanks for your help!

[@alanmcmillan6969]

The light at the end of the tunnel is flickering in cuba

[@TheKillerman3333]

In more ways than one

[@fredk9999]

Really appreciate our host for the research and presentation to include graphics and text support

[@patrickmurray8451]

Cuba reminds me of Venezuela its collapsed or on the verge of collapse constantly

[@drstrangelove4998]

And Venezuela was the richest country in south America…

[@VolkerHett]

Venezuela kept Cuba alive for quite some time.

[@DK-gj5sp]

Illegal sanctions. West corporations wanted all Venezuela oil for peanuts

[@chrysalis4126]

@@drstrangelove4998 I like the fact that the US sanctioned Venezuela and is now being inundated by lots of refugees as the economy tanked. Reap what you sow comes to mind.

[@richardh8082]

Yep. Both fkd by CIA/America

[@jameswalker7899]

Thank you, sir, for a particularly interesting episode, on Cuba. You do a great job of keeping viewers updated on China and Russia, but the rest of the world hasn't gone away and remains a subject of continuing interest. So keeping viewers updated there as well is greatly appreciated. Warmest compliments. :)

[@alejandrocruz4716]

The economic hardship and shortages of basics is not the worst. The worst is the repression and violence of the dictatorial government against the poor Cubans.

[@jimfisk4474]

Thanks

[@postscript5549]

SO MANY COUNTRIES are bankrupt these days! Sad and scary. Good luck to Cuba.

[@nicflanagan6662]

I watched your program from start to finish, during that time +6,000 views 💪. I spent +25yrs in Export Sales, did business in Cuba via their London office. Had offices in Moscow, China, Singapore etc. Now retired. Really enjoy watching your programmes

[@richardkeller4892]

Its a shame. The people are so nice and they have beautiful beaches.

[@yuridreamski2812]

Great video - A look at the tourism sector would have been an interesting addition.

[@tomvandenbossche4733]

Maybe they can ask Putin for a loan

[@TheKillerman3333]

A small loan of 1 million rubles.

[@boardcertifiable]

​@@TheKillerman3333 thats like.... 12 dollars. 😢

[@HectorGonzalez-fz6ws]

They should get the loans in Dollars because the ruble is worthless

[@DK-gj5sp]

Loser

[@DK-gj5sp]

​@TheKclownillerman3333

[@arealtaxcut]

Very informative!

[@PeggyCrane-l7j]

I'm so happy I made productive decisions about my finances that changed my life forever. I'm a single mother living in Birmingham uk, bought my second house in August and hoping to retire next year at 41 if things keep going smoothly for me…

[@RachelMims-l8n]

Congratulations dear. You're really doing well for yourself, I'm 48 and my financial life is in a mess. Any great tips would really go a long way in shaping my life. I want to buy my own house, that's really a big flex

[@PeggyCrane-l7j]

I will be forever grateful to you, you changed my whole life and I will continue to preach on your behalf for the whole world to hear that you saved me from huge financial debt with just a small Investment, thank you Jihan Wu you're such a life saver

[@dannyvandervaart]

As a beginner in this, it’s essential for you to have a mentor to keep you accountable. Jihan Wu is also my trade analyst, he has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns.

[@KurtOsinski]

Seeing a remark regarding my manager mr Jihan Wu is quite energizing. It was like this when I first met him a few weeks ago. Having started with just 5k about 2-3 weeks ago. I have already made it to 21 k. He is very remarkable!

[@Joerico-g3c]

I’m favoured, $90K every week! I can now give back to the locals in my community and also support God's work and the church. God bless America,, all thanks to this same Jihan Wu.

[@dougg8166]

Thanks Joe, I just recently discovered you and really appreciate your work.

[@alexv3357]

Dictatorships can never survive unless the private sector is kept too weak to threaten them, but a nation cannot thrive unless the private sector is made free.

[@williamjones9662]

Cuba has had over 60 years to build trust with it's neighbors, but pride and being corrupt has put that on a shelf of hate and greed with fear...Cuba has no natural resources but Ocean, Sunshine and low grade agriculture. Maybe BRICS will help..?

[@gobsmacked230]

Which Brics country would you recommend? The highly touted Brics nations are grappling with their own issues...only India has anything approaching a prosperous economy. So much for the Brics alliance competing with Western countries. As far as them issuing a currency to compete with the dollar?...I wouldn't worry about that either. It's essentially an "alliance" built on rhetoric and few results. Cuba is screwed...

[@gordonspears6320]

Every BRICS country has a manipulated currency and most are economic basket cases. BRICS is a joke.

[@SeattlePioneer]

Perhaps, if the "C" stood for Cuba. But it doesn't.

[@sunnyboner676]

@@gobsmacked230India came out of 200 years of plundering by the Brits in 1947 and are now the 5th largest economy in the world and heading towards 3rd place by the end of this decade. If the UK would return the money they stole from India (India had 25% of the entire world’s GDP before the British arrived), that progress would come earlier.

[@BH195829]

Can you imagine the corruption and payoffs to the “inspectors” - what a hopeless situation. Hopefully the people of Cuba wake up and call for a change. 🤔

[@ProfessorFickle]

They do call for change non stop for 30 Years…. But they are all in prison for speaking against the regime . 🤷‍♂️

[@DK-gj5sp]

​@@ProfessorFickleCuba hater clown

[@DK-gj5sp]

Loser

[@Joaodocaminhao0234]

Thank you👍👍👍👍👍👍👍👍👍👍

[@rainieresguerra6519]

Imagine how much those cars from the 60's and 70s running on Cuban streets are worth now. They are definitely collectors items.

[@jamesodell3064]

Not as much as you think. These cars have be heavily modified. A Ford engine in a GM car etc. Collectors want cars as original a possible.

[@robertgallagher7734]

Pre-1962. And yes, most of those cars are vintage shells with anything the resourcefull Cuban mechanic could find- using anything to keep them on the road. Props for creativity but probably worth more in Cuba than the USA.

[@geoffgill5334]

Understand that the government owns most of them and HAS been selling them because they need the cash so badly

[@Jedipimp]

57 Chevy's running on Latta engines

[@Dutchy-1168]

You are right , when you said ; Cuba 🇨🇺 is now a big question mark ⁉️

[@dogefromthefuture]

I'm kind of surprised that my cigar purchases haven't single handedly kept the country afloat.

[@boardcertifiable]

Your cigars are probably not from Cuba, if you are in the US, since they are illegal according to Customs and Border Patrol. Unless you are buying illegal ones.

[@DK-gj5sp]

They need more than that. This clown is liar

[@DK-gj5sp]

Shame on you

[@dogefromthefuture]

@@DK-gj5sp I know, I definitely could have bought more!

[@williamkinkade2538]

Stop buying cuban cigars! Try Costa Rican ones!!

[@dennisspackman7147]

Travelled around Cuba last November and December. The USD is in high demand everywhere in the country in my opinion. I did exchange some money for Cuban Peso but found that I could easily use dollars to pay for everything

[@cordellwordlaw3390]

Unless the "Neo-Soviet" Russia has some leftover resources Cuba is unfortunately going to become the next Haiti.

[@DAndyLord]

I mean, Haiti has so many structural problems that are absent in Cuba. If Cuba would admit that it lost and normalize its relationship with the USA then most of Cuba's problems would melt away.

[@VisiblyPinkUnicorn]

We need to rescue the dogs!

[@CalgarGTX]

russia having leftover resources ? Ahah good one 😂

[@LathropLdST]

​@@VisiblyPinkUnicorn ...no, I am not rescuing you...

[@BadOompaloompa79]

Cuba can't normalize it's relationship with the US because the US has been striving to destroy Cuba for generations. ​@@DAndyLord

[@smogity]

Great video 💎🌮

[@karenhawkins8510]

Cubans have struggled ever since Castro. So sad.

[@kafkaspen]

@@karenhawkins8510 average Cubans struggled pre Castro too under the Batista regime (which was propped up by the US governments).

[@mljrotag6343]

​@@kafkaspenAbsolutely true. Both are shit.

[@robopalo8041]

@@kafkaspen Cuba used to have electricity prior castro revolution.

[@peterfireflylund]

@@kafkaspenthings also weren’t great before Batista. Castro made them a lot worse.

[@kafkaspen]

@@peterfireflylund but was it totally Castro to blame or did sanctions play their part too?

[@valnauffts9965]

Always an informative ,interesting channel ,thank you

[@behrensf84]

Time for Cuba to sell itself…

[@DK-gj5sp]

Sell to China

[@kafkaspen]

@@DK-gj5sp the most likely outcome if the US continues its current policy.

[@peterfireflylund]

Lots of Cubans already do :(

[@mozilla2576]

Thanks Joe!! Great as always.

[@verttikoo2052]

It’s not surprising that they want to use dollars because they need dollars to trade.

[@FredericBrandt]

Thanks!

[@alexiskiri9693]

Thanks, Joe.

[@JRFO292]

Seeing this as a cuban inside Cuba.

[@cherienafo7676]

OZ/ Thanks Joe. This channel is invaluable, as it helps me understand how country's situation. I,m 74 and I,ve not seen the world in such 'flux'- so very interesting.

[@henryparsonson1727]

Joe, I take some unbridge as to what you say in this video, I'm a Canadian living in Holgulin Cubal for 3 months. Yes, there is a water problem lately in my neighborhood. But there is always a tap inftont of the house with water. This is after all a 3rd world country and hauling water is not the worst thing. As for food there is lots street vendors abound. At this time of year there is limited produce. Soon we will have tomatoes., beets, carrots lettuce and other cooler weather produce. Right now the mangoes and avocados are delicious. The power is not as bad as you say. The longest we go without power is 6 hours. People in my neighborhood all have some kind f supplemental lighting. I bought a car battery here so along with my charger and inverter I can run a fan. Very few people haveA/S, You paint such a bleak future for Cuba but I really feel Cubans are very resourceful and will overcome the government. Unfortunately the poor , the pensioners and others will not fare as well.disadvantaged and those on government pension will suffer.in the worst. Darwin, survival of the fittest. Those disadvantaged people will die. I'm sorry to report. As for me a Canadian life here is good. A can of crystal beer is still abound a dollar Canadian. Rum is $11.95 for Havana club 3 annos 1.14 liters. You mentioned about special cards to buy goods at a resort. There is no problem using a Canadian credit here so no need to buy a special MLC card . In conclusion.ive been a regular to Cuba (11 years). I don't stay at resorts but I live with the people , there is so much more I would like to share with you but typing on a phone is not my idea of communicating. Cheers, an avid follower. Peter. By the way , I'm a yorkshire boy

[@SeattlePioneer]

>

[@dylanthomas12321]

You should write a non political blog. Living in Cuba. About every people and life. I think you'd find many readers.

[@elizabethr4107]

Rly fascinating. Tysm

[@BrianSmith-ow9gy]

Someone said to the Cuban government that no country could ever be as bad as Haiti. Unfortunately, the Cubans took it as a challenge. Dios ayude a los cubanos pobres.

[@DK-gj5sp]

You are son of a std infested milkman

[@DK-gj5sp]

Son of a milkman

[@BrianSmith-ow9gy]

@@DK-gj5sp ?

[@tomparatube6506]

🤣🤣

[@rrivera_2747]

😂😂😂😂😂😂😂😂😂

[@AssetH8ut2]

Love your analysis; very well done.

[@kingmiura8138]

Cuba is the dream land of Fidel Castro

[@GravelRacer1]

@kingmiura8138 he died 8 years ago

[@postscript5549]

This podcast is informative and interesting. Much of this was new to me. (The U.S. MSM is very narrow in it's coverage.) Thank you.

[@phookadude]

Saying Venezuela's economic collapse was caused by sanctions is akin to saying the rotting piece of fruit in the refrigerator rotted worse because someone found it and threw it in the bin.

[@grahampritchard5284]

Freedom from state controll, grows everything, starting with people.......simple.... get the goverment off the backs of the people😎👍

[@oakstrong1]

There's nothing Cuban businesses can do when the country have been under strict sanctions for so many decades. Just look how quickly the biggest country in the world, Russia is deteriorating since it was sanctioned!

[@daniellarson3068]

It is necessary to have some regulations for the common good.

[@jsphfalcon]

And that also highlights the problem with virtual currency like cryptocurrency. You needs lots of electricity. But if your country can't produce enough electricity, you won't get the power to power up your phone or computer to process transactions.

[@blablup1214]

Hmmm. Do you think, all those banking servers and online banking without crypto doesn't consume a giant amount of electricity ?

[@verttikoo2052]

Nothing consumes electricity like crypto.

[@Ziegfried82]

@@blablup1214 it's not even close. Crypto is going to require a multitude of nuclear reactors if it is widely adopted worldwide.

[@blablup1214]

@@Ziegfried82 It is close. 😅 Crypto uses stimated 120-160 TWH a year. All Banks worldwide use 100 - 200 TWH Banks are just much more useful to a lot more people.

[@paulyoung4422]

Russia could offer a million military contract's, if the people are desperate enough.

[@geoffgill5334]

They have alot of Cuban mercs in the Russian military for Joe's reasons

[@moseyalong1]

The word is out that Russia gets out of those contracts by leaving your body in a trench as missing, and recipient has moved with no forwarding address. Mercenaries , rarely, stay alive to collect their fantasy pot of gold. Even the poor of the world know about this.

[@kafkaspen]

@@geoffgill5334 it’s against Cuban law

[@briandeschene8424]

@@kafkaspen BBC reported six months ago that over 500 Cubans were granted Russian passport (more widely accepted than Cuban passports) as part of payment including sign on bonus plus monthly payment to go fight in Ukraine. Dead Cubans have been ID’ed in Ukraine as well. Illegal or not, it’s happening.

[@kafkaspen]

@@briandeschene8424 I wouldn’t doubt it but I’m not sure it is state sponsored (but I’m guessing it must be to some extent).

[@zaphod22]

Very informative, thank you. I had no idea it was this bad.

[@RocRocket-cl3vc]

Thank you Mr Joe Bloggs. Now lets forward this episode to one Cyril Ramaphosa. And one Vladimir Putin. And one Kim Jong Un. And and…hell theres a bunch out there. Edit…Joe…this episode has hit a major nerve among the Russians and their glorykneelers. Replies to comments is full of trolls. Most Ive seen in a while…

[@AlanSari2714]

Good on you

[@ZecVitaly]

Man I feel bad for Cuban people.

[@jjaylad]

I think you took my suggestion for an update on this, Joe. If so, thanks very much!

[@johanholmberg225]

The Cuban leadership seems to be extremely incompetent and with little ability to forecast the future trends .... For example solar energy is increasing in popularity in the rest of the world and the price of solar panels have rapidly decreased in the last ten years... It is always cheaper to produce the electricity with solar panels than to buy foreign oil... So in case Cuba had chosen to give a good deal to Chinese companies ( = to give guarantees that their investment is secure ) for making investments in Cubas's energy / electricity sector then they would be better off today....But it seems like the Cuban goverment is a prisoner of their communist ideology and thus not able to understand the problems with a state run economy....

[@daviddelgado6090]

Cuba has never liked China. And China has shifted to pseudo capitalism.

[@SeattlePioneer]

SO glad to hear that! Has a way been devised to grow solar panels instead of sugar cane? Grow wire and other infrastructure on mango trees? The unemployed millions have the tools and skills to take those solar panels and wires and build them into a NEW electrical system for Cuba? Why aren't you down there, showing them how cheap these things are to do?

[@LarryLaird-k9y]

Love your bird sculptures 😊

[@curiositycloset2359]

Id love joe to cover the uk, especially the 2nd city of birmingham

[@TheKillerman3333]

I first thought Joe Biden before Joe blogs.

[@thequackashow619]

UK an late stage capitalism that is run by an oligarchy. That trickle all the money to the rich

[@danielgrant5948]

Very informative, with lots of insights into Cuba's financial delima and where they might try to find relief.

[@robopalo8041]

no communist country is doing well.

[@paulwilliamson2370]

I have visited Cuba 3 times. It is unfortunate the government runs the country so poorly. The people are very nice, well educated and crime is quite low. However I could see how inefficient the country is run. 6 men with shovels and wheelbarrows working all day to do what one man with a backhoe would do in 20 minutes. At one place our waiter was a trained as an engineer but due to tips he made more money as a waiter. Everywhere poor management of the country.