Cuba. Part 2

By Gonzalo López Martí   –  LMMIAMI.COM

  • According to The Brookings Institution, Cuba is clearly trying to lure foreign investment.
  • It might be yet another political maneuver by the Communist Party to buy time.
  • However, this time it’s different.
  • The party is over.
  • The octogenarians will go soon.
  • Duh.
  • The conference “Oportunidades en Cuba” held recently in New York City and organized, among others, by the Wharton Business School attracted the presence of 240 business people.
  • A survey conducted among attendees during said gathering calculated that as much as 12 billion dollars could be earmarked to be invested in the island in the next decade alone.
  • Citibank, American Express & Mastercard announced in January their plans to start operating there.
  • Netflix too.
  • Even Airbnb has jumped onboard.
  • I know from a very reliable source that a major telco is surreptitiously planning a massive, err, “air raid” into the island (wink wink nudge nudge)
  • It ain’t no conjecture, it is fact.
  • Forgive me for stating the obvious.
  • Think of the possibilities in the automotive category alone.
  • Roads, airports, utilities, sewage, you name it.
  • Duh, duh, duh.
  • Funny thing is, this is good AND bad for Miami.
  • My bet is, gradually during the next couple years, we will witness a transition: Miami will slowly fade into the backseat while La Habana reclaims its place as the capital city of the Caribbean and necessary nexus between North & Latin America.
  • Mark my words.
  • That’s not it.
  • I’ll make another prediction here.
  • I’ll put my infallible, pristine reputation on the line.
  • In a not so distant future there will be a juicy “Anglo Market” in Cuba.
  • Yeah, a US Hispanic market in reverse.
  • Why?
  • For the same reason there are tons of American retirees and not so retirees living in, say, Costa Rica or San Miguel de Allende in México.
  • Affordable quality of life.
  • And freedom.
  • Let’s not miss this boat.
  • Let’s not forget either that the vast majority of locals were born and raised in a perverse environment of oppression, fear, hardship and scarcity.
  • An abrupt immersion in our hard charging, freewheeling consumerist ways might make their already battered existential compass spin out of control.
  • The likelihood of us exporting our most pervasive societal maladies (credit card-leveraged ghetto fabulousness, perennial indebtedness, legal & illegal substance abuse, obesity, disfiguring plastic surgery, tacky tattoos, asymmetric haircuts, acrylic nails) is quite high.
  • The cultural collision will be tricky.
  • A few years after the dictator Francisco Franco died and Spain became a democracy, the country confronted a grave epidemic of hard drug abuse, particularly heroine.
  • It derailed the lives of hundreds of thousands, if not millions, of young folks and their families.
  • Too much freedom too soon can drive people nuts, particularly for the younger segments of the population.
  • Freedom can be messy.
  • Sounds a bit paternalistic but the likelihood of such a scenario is high.
  • Handle with care.
  • Nevertheless, the outlook is positive.
  • The nightmare will be over soon.
  • So why do foreign policy hawks keep kicking & screaming?
  • Hawks don’t seem to care, for instance, that the ultimate totalitarian state –China- manufactures pretty much every single SKU on America’s aisles & shelves.
  • Not only that, China is America’s second largest sovereign lender of last resort (Japan surpassed it last week but it’s just a wrinkle in the overall trend).
  • Why are hawks so upset about the thawing relations with Cuba then?
  • Two explanations come to mind:
  • 1)    Cuba is an easy target to score political points.
  • 2)    The Cuban communist party is too broke to make campaign donations
  • At the end of WWII, FDR, Harry Truman, Winston Churchill had to suck it up & smile for the cameras hand in hand with none other than Joseph Stalin, the Soviet strongman who’d go down in history as an even worse mass-murder than the defeated führer.
  • Twice: at Yalta & Postdam.
  • The world had already seen too much devastation.
  • It was a necessary compromise to stop the carnage, at least west of the iron curtain.
  • Politics is a nasty job.
  • Somebody has to do it.
  • Sure, it ain’t easy to ask cold-blooded pragmatism from someone who had to flee his or her homeland and see their lives wrecked by a bunch of lunatic psychopaths in fatigues.
  • Justice must and will be served eventually.
  • Better late then never.
  • Patience pays.
  • Easier said than done, I know.

 

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