A Tale Of Two Economies: Singapore And Cuba

By Frank Holmes – Re-Blogged From http://www.Gold-Eagle.com

On Friday November 25, Fidel Castro died at age 90. The former revolutionary and hardline dictator of Cuba was among the 20th century’s longest-serving leaders, third only to Elizabeth II and Bhumibol Adulyadej, the King of Thailand, who passed away in October.

Castro’s death comes at a pivotal moment in US-Cuban relations. With trade between the two countries on the path to normalization, and with US airlines making scheduled flights to Havana for the first time in more than 50 years, President-elect Donald J. Trump has pledged to reinstate many of the Cold War embargos that were lifted by President Barack Obama.

“If Cuba is unwilling to make a better deal for the Cuban people, the Cuban/American people and the US as a whole, I will terminate deal,” Trump tweeted on November 28.

In light of Castro’s passing, we are rerunning this Frank Talk from March 2015, in which Frank compares and analyzes the widely divergent economies of Cuba and Singapore under their now-deceased leaders, Castro and Lee Kuan Yew.

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Bernie Sanders’ Socialism In One Lesson

By Michael J Hurd – Re-Blogged From Capitalism Magaine

Socialist and Democratic candidate for President Bernie Sanders:

You can’t just continue growth for the sake of growth in a world in which we are struggling with climate change and all kinds of environmental problems. All right? You don’t necessarily need a choice of 23 underarm spray deodorants or of 18 different pairs of sneakers when children are hungry in this country. I don’t think the media appreciates the kind of stress that ordinary Americans are working on. [Source: cnbc.com 5/26/15]

Do you like Sanders’ statement, or do you find it foolish and absurd? If you find it foolish and absurd, can you say why?

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A Tale Of Two Economies: Singapore And Cuba

By Frank Holmes – Re-Blogged From http://www.Silver-Phoenix500.com

It would be nearly impossible to find two world leaders in living memory whose influence is more inextricably linked to the countries they presided over than Cuba’s Fidel Castro and Singapore’s Lee Kuan Yew, who passed away this Monday at the age of 91.

You might find this hard to believe now, but in 1959—the year both leaders assumed power—Cuba was a much wealthier nation than Singapore.

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