Saturday, December 20, 2014

Opening up Cuba a big pay day for America business?

Opening up Cuba a big day for America business? Not so fast,yes China is very much a capitalist dream,however,big differences with Cuba.First of all many people in China have money and there are capital markets(stock markets) in China,not so in Cuba.
Also in 1934 when FDR recognize the Soviet Union many American business thought they would rich by trade with U.S.S.R,indeed,there was party in fancy New York City hotel where business got drunk dreaming of all profit they would made in U.S.S.R never happen.
Stalin ran closed country,to him less contract the Russian people had without world the better.True in late 1930's he offer Soviet Bond,a lot stupid people bought the bonds,including Ben Kerns(so call genius a Communist who was in La Guardia's dept of investigation)in I think 1939 the Soviet Union defaulted on Bonds.
Putin has problem today's Russian is far more international falling rubles and oil price can lead to Putin's downfall.

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