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Non-Tech : Cuba On My Mind

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To: Tom Clarke who wrote (28)1/23/2000 11:12:00 PM
From: Jim Hitchie  Read Replies (2) of 54
 
I couldn't disagree more. They will not tie up everything because a lot of things are already tied up by Spanish, French, British, Canadian, Israeli, etc. investors. You may not be aware of it, but some industries are already doing quite well. What needs to happen is for the general income levels of the average Cuban to be raised as well as the supply of necessities, etc. The simple fact is that the political situation will not change until the economic situation is better. Then there will be change.

Besides, if the Miami crowd do try to tie up certain sectors, it would only be done by buying the businesses that are already in place and are now operating there.

Do you want to invest in Cuba? Then you should know that there are certain sectors that are available to you and that you can also participate in most sectors by buying the shares of public Canadian companies already there.

In addition, there is US investment in the country. Maybe not written up in the newspapers, but if you were to go there, you would see Americans everywhere - all looking around for a way to invest in the real estate and any tourism-related ventures. And they do invest in a round-about way.
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