Posted
3/22/2008 12:10:00 PM
by Douglas
Welcome to the worker's paradise.Tellingly, in 1958, the island nation's per person wealth was higher than any East Asian country or colony, save Japan.
Thus in 1958, Cuba was almost as rich as Japan, one and half times as wealthy as Singapore, richer than Hong Kong, and three times as prosperous as South Korea.
Fifty years later, Cuba is one of the poorest countries in Latin America.
Gotta give it to Fidel for sticking with his failed system, but geez, 17 years after the Soviet's system fell apart, you'd think he'd get the message.