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22-10-2013, 08:50
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#1
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Registered User
Join Date: Jul 2010
Location: Florida/Alberta
Boat: Lippincott 30
Posts: 9,901
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Cuba to scrap two-currency system
For the non USA cruisers, this is great news. For those USA cruisers who somehow are able to go to Cuba, it is also great news.
http://www.bbc.co.uk/news/world-latin-america-24627620
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If your attitude resembles the south end of a bull heading north, it's time to turn around.
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22-10-2013, 09:42
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#2
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Senior Cruiser
Join Date: Mar 2010
Location: gettin naughty on the beach in cornwall
Boat: 63 custom alloy sloop,macwester26,prout snowgoose 37 elite catamaran!
Posts: 10,594
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Re: Cuba to scrap two-currency system
nothing like a good healthy black market for the local currency! if you have dollars!
but untill they use only the greenback,this could back fire badly,even if slightly fairer for the populace using the covertable peso.
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22-10-2013, 10:06
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#3
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Nearly an old salt
Join Date: Jun 2009
Location: Lefkas Marina ,Greece
Boat: Bavaria 36
Posts: 22,801
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Re: Cuba to scrap two-currency system
it may be good news for cruisers, though I dont see how it is, it may be good news for the locals, but it could years to introduce and potentially lead to inflation for ordinary cubans.
dave
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22-10-2013, 10:13
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#4
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Senior Cruiser
Join Date: Mar 2010
Location: gettin naughty on the beach in cornwall
Boat: 63 custom alloy sloop,macwester26,prout snowgoose 37 elite catamaran!
Posts: 10,594
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Re: Cuba to scrap two-currency system
hopefully the cubans will discover oil soon!
then it will really be a cruisers paradise,cheap fuel,cheap booze,cheap cigars and a rampant black market for dollars,making every thing else cheap as well..............
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22-10-2013, 10:48
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#5
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Nearly an old salt
Join Date: Jun 2009
Location: Lefkas Marina ,Greece
Boat: Bavaria 36
Posts: 22,801
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Re: Cuba to scrap two-currency system
Quote:
then it will really be a cruisers paradise,cheap fuel,cheap booze,cheap cigars and a rampant black market for dollars,making every thing else cheap as well..............
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yeah and then the westerners arrive, result , cruiser hell hole, dear booze, dear marinas, etc etc. but hey the marinas get "nicer" and medallion man appears.....
dave
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Interested in smart boat technology, networking and all things tech
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22-10-2013, 11:02
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#6
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Senior Cruiser
Join Date: Mar 2010
Location: gettin naughty on the beach in cornwall
Boat: 63 custom alloy sloop,macwester26,prout snowgoose 37 elite catamaran!
Posts: 10,594
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Re: Cuba to scrap two-currency system
Quote:
Originally Posted by goboatingnow
yeah and then the westerners arrive, result , cruiser hell hole, dear booze, dear marinas, etc etc. but hey the marinas get "nicer" and medallion man appears.....
dave
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madagasgar suddenly sounds a lot more appealing.........perhaps we can use cuba as a decoy instead
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22-10-2013, 11:12
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#7
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Nearly an old salt
Join Date: Jun 2009
Location: Lefkas Marina ,Greece
Boat: Bavaria 36
Posts: 22,801
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Re: Cuba to scrap two-currency system
Quote:
Originally Posted by atoll
madagasgar suddenly sounds a lot more appealing.........perhaps we can use cuba as a decoy instead
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not a bad idea
HEY EVERYONE, go visit Cuba, leave the others places alone ( for me, an Atoll)
dave
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22-10-2013, 12:34
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#8
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Registered User
Join Date: Sep 2008
Location: Toronto, Canada on Lake Ontario
Boat: Roberts Offshore 38
Posts: 1,287
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Re: Cuba to scrap two-currency system
I'll never forget my first trip to Cuba. Got in late because of problems with the baggage carousel, and got to the hotel after the dining room closed. We talked them into feeding us, and after the meal I put out a tip. Gave the waiter the smallest note I had, a 10CUC tip.
The entire dining staff was on us like white on rice for the rest of the trip. Super fabulous service, all we had to do was glance at the waiters and they were there. They put a reserved sign on our table. As soon as they saw us walking towards the dining room, the drinks were there by the time we got there. Ask the chef for something a bit out of the ordinary, and they made it up on the spot.
Turned out I'd tipped the fellow a months pay.
When I flew out, I handed out all my remaining CUCs and all the stuff I'd brought with me. I'll be going back there for certain.
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22-10-2013, 13:07
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#9
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Registered User
Join Date: May 2011
Location: Lake Ont
Posts: 8,581
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Re: Cuba to scrap two-currency system
Quote:
Originally Posted by SabreKai
I'll never forget my first trip to Cuba. Got in late because of problems with the baggage carousel, and got to the hotel after the dining room closed. We talked them into feeding us, and after the meal I put out a tip. Gave the waiter the smallest note I had, a 10CUC tip.
The entire dining staff was on us like white on rice for the rest of the trip. Super fabulous service, all we had to do was glance at the waiters and they were there. They put a reserved sign on our table. As soon as they saw us walking towards the dining room, the drinks were there by the time we got there. Ask the chef for something a bit out of the ordinary, and they made it up on the spot.
Turned out I'd tipped the fellow a months pay.
When I flew out, I handed out all my remaining CUCs and all the stuff I'd brought with me. I'll be going back there for certain.
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I have friends with a similar experience.
It's not like the Cubans will do anything for money... they're fairly well educated as a rule and have pride in their country, but take the typical Caribbean economic considerations, add to that a command-economy, and a 50+ year-old embargo from a close neighbour... and it makes for tough times. A decent tip or other consideration is a pittance for us, but a big deal for them.
Elimination of the two-currency system will help spread the tourist income a bit. When Uncle Fidel finally kicks, watch for big changes.
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22-10-2013, 14:09
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#10
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Registered User
Join Date: Dec 2008
Location: St. Georges, Bda
Boat: Rhodes Reliant 41ft
Posts: 4,131
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Re: Cuba to scrap two-currency system
Quote:
Originally Posted by goboatingnow
yeah and then the westerners arrive, result , cruiser hell hole, dear booze, dear marinas, etc etc. but hey the marinas get "nicer" and medallion man appears.....
dave
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--the way it was before Castro. (substitute marinas for anything buyable)
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so many projects--so little time !!
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22-10-2013, 15:06
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#11
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֍֎֍֎֍֎֍֎֍֎
Join Date: Apr 2006
Posts: 15,136
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Re: Cuba to scrap two-currency system
Well, they could just ditch the local scrip and start honoring Polynesian Francs. That would teach the US a good lesson in economic interests, too. (WEG)
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24-10-2013, 15:38
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#12
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Registered User
Join Date: Jan 2011
Location: Now based on Florida's West coast
Boat: Pearson 34-II
Posts: 2,740
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Re: Cuba to scrap two-currency system
I think Raul is preparing for the onslaught of American tourism and dollars as they prepare to re-establish relations with the US. There's no softening of the heart with the brutal Castros'. They're broke. Communism is broke. They need the money. And the thousands of decent Cubans who were forced to leave their homeland, their families, their homes, their businesses and their lives and emigrate to the US . . . what do they get?
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24-10-2013, 15:49
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#13
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Nearly an old salt
Join Date: Jun 2009
Location: Lefkas Marina ,Greece
Boat: Bavaria 36
Posts: 22,801
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Quote:
Originally Posted by rognvald
And the thousands of decent Cubans who were forced to leave their homeland, their families, their homes, their businesses and their lives and emigrate to the US . . . what do they get?
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Well.. Supersized fast food meals And the chance to vote for rand Paul in 2016?
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Interested in smart boat technology, networking and all things tech
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24-10-2013, 15:59
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#14
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Registered User
Join Date: Jan 2011
Location: Now based on Florida's West coast
Boat: Pearson 34-II
Posts: 2,740
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Re: Cuba to scrap two-currency system
Quote:
Originally Posted by goboatingnow
Well.. Supersized fast food meals And the chance to vote for rand Paul in 2016?
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GBN,
Sometimes humor is the best antidote for tragedy.
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