Saturday, August 28, 2010

Strokes of genius

Raul Castro is a genius. He has figured out the key to development. People, it's condos and golf courses:

Cuba has begun allowing foreign investors to lease government land for up to 99 years, a step toward a future that could be filled with golf courses ringed by luxury villas, beachfront timeshares and vacation homes for well-heeled tourists....

The new law makes it clear Cuba is looking to boost profits, saying the step is necessary "for the sustainable development of the country and the international economy."

People, this move is all about generating $$$ for the Castro brothers and will not do much for actual Cuban people. I guess it may create "sustainable" custodial and landscaping jobs.

1 comment:

Chris said...

Perhaps, but he is also allowing people to grow and sell farm products. Not exactly Hong Kong, but a step.