this post was submitted on 28 Oct 2024
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[–] [email protected] 2 points 3 months ago

Cuba doesn't really pay much of a premium on their imports they're just cut off from the US. Did you know it's illegal for EU companies to bow to US sanctions on Cuba?

Cuba's main issue is that they never really industrialised. Like, they're importing light switches from the EU and are paying in rum, honey, nickel, and tourism. Which actually wouldn't be an issue if they weren't dependent on energy imports.