The warnings were all there. Just sixteen months ago we learned that Cuba was running out of one of the most important and basic family commodities. The Communist dictatorship, in the grip of a serious economic crisis, was running short of toilet paper and couldn’t get sufficient supplies until the end of the year. Now via the latest WikiLeaks release we are learning that Cuba’s economic situation has really sunk into the sewer,, and predictions are that they will be insolvent in 2-3 years.
Over the past few decades most of the communist nations have learned that their economic system just doesn’t work. Of those China has been the most successful because, despite their very oppressive regime, the introduction of limited oasis’ of capitalism has significantly improved their economy.
On the other hand, countries such as North Korea and Cuba who have seen the least movement away from a totally planned economy, oversee a near-ruinous economic state.