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re: Cuba - Teach Me How to Profit
Posted on 12/19/14 at 8:48 am to nelatf
Posted on 12/19/14 at 8:48 am to nelatf
Cuba is poor, but it does have some decent natural resources - mainly beaches.
Assuming the embargo is lifted, I would think tourism plays would be huge. Now, would it be enough to significantly move the stock of a Hilton or a Carnival? I don't know.
People generally only have X dollars for tourism. Opening up Cuba isn't going to create more tourism dollars. My guess will be as tourism ramps up in Cuba, it will hurt other Caribbean locales.
The big unknown is going to be this... will you be able to directly purchase land, stock, etc in Cuba?
Further, if this new found money trickles down into the country as a whole, I could see a big jump in consumer spending. But... I could also see all the money staying with the political class and the poor really being no better off.
Those cars down there would not meet any reasonable standard of a classic car. The chassis might be original, but little else is. I could maybe see buying some cars down there, bringing them back here, stripping them down to the chassis and completely rebuilding them.
Assuming the embargo is lifted, I would think tourism plays would be huge. Now, would it be enough to significantly move the stock of a Hilton or a Carnival? I don't know.
People generally only have X dollars for tourism. Opening up Cuba isn't going to create more tourism dollars. My guess will be as tourism ramps up in Cuba, it will hurt other Caribbean locales.
The big unknown is going to be this... will you be able to directly purchase land, stock, etc in Cuba?
Further, if this new found money trickles down into the country as a whole, I could see a big jump in consumer spending. But... I could also see all the money staying with the political class and the poor really being no better off.
Those cars down there would not meet any reasonable standard of a classic car. The chassis might be original, but little else is. I could maybe see buying some cars down there, bringing them back here, stripping them down to the chassis and completely rebuilding them.
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