Part Cuban American experience, part books, part movies, part life.
Monday, April 6, 2009
Family Travel and Remittances Loosened
Here's a statistic for all of the embargo lifters. Under the repressive Bush policies, family remittances to Cuba total 700 million dollars a year. Talk about stimulative.
Remember the great opportunities waiting out there for American businesses if only the embargo were lifted? Take a gander at Cuba's outstanding debt, that is the amount the bankrupt nation owes the rest of the world here.
Some highlights:
Venezuela $11.367 billion
Spain $3.200 billion
China $3.170 billion
Japan $2.775 billion
That's just the top 4 on the list provided by the Cuba Transition Project. What was that about extending credit to the regime?
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