Economic Problems Ahead !!!
Posted: 26 February 2009 04:27 PM   [ Ignore ]
less than 10 posts
Total Posts:  3
Joined  2006-12-21

Cuba - Extreme Economic Crisis - Si !!!


The current world wide economic melt down is two years away from reaching bottom. The effects on all of the Cuban economy will be severe and lenghty. Revenues from tourism , nickel and family remittances will experience massive declines. Back to 1990 ?
This year the worlds major problems will be :::
1. pension plan failures / restrucuring
2. business failures / restructuring
3. credit card defaults
4. government cutt backs / lay offs.
5. dissatisfaction with with new and increased consumer taxe.
Note::: Cuba’s tourism was off 11% in 2008.
Gordon “CubaKing” Robinson
Port Alberni B.C.
Western Canada
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