Socialism in Cuba going well
The BBC reports: Last season, Cuba’s production fell to just 350,000 tonnes of raw sugar, an all-time low for the country, and well below the 1.3 million tonnes recorded in 2019. … Cuba now imports sugar to meet domestic demand – once unthinkable, and a far cry from the glory years when Cuban sugar was […]
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The BBC reports:
Last season, Cuba’s production fell to just 350,000 tonnes of raw sugar, an all-time low for the country, and well below the 1.3 million tonnes recorded in 2019. …
Cuba now imports sugar to meet domestic demand – once unthinkable, and a far cry from the glory years when Cuban sugar was the envy of the Caribbean and exported around the world.
The slump in sugar has serious implications for other parts of the Cuban economy, he argues, including on its export earnings from rum. “We’re producing the same quantity of sugar Cuba produced in the middle of the 19th Century.”
So they’ve managed to get their production back to 1850 levels! A great success. To go from 5 million tons to under 500,000.
The post Socialism in Cuba going well first appeared on Kiwiblog.