This isn’t meant to be a discussion on the morality of the embargo, but the affects of the embargo ending for both countries. These affects can be political, economic, or social.

You are viewing a single thread.
View all comments
2 points

Even during the ‘open’ Obama years, tourism for Americans was severely limited by the lack of banking interchange between US banks and Cuban ATMs and credit card networks. You have to bring cash and use a currency exchange, and if you run out you have no way of getting more money from your American bank. Other countries’ networks don’t have this issue, but it would need to be fixed for Americans to visit and spend money.

I’m glad the internal currencies of CUC vs CUP have been resolved, though a massive influx of tourist dollars would strain the existing economic systems of Cubans being paid for jobs other than tourism.

permalink
report
reply

Asklemmy

!asklemmy@lemmy.ml

Create post

A loosely moderated place to ask open-ended questions

Search asklemmy 🔍

If your post meets the following criteria, it’s welcome here!

  1. Open-ended question
  2. Not offensive: at this point, we do not have the bandwidth to moderate overtly political discussions. Assume best intent and be excellent to each other.
  3. Not regarding using or support for Lemmy: context, see the list of support communities and tools for finding communities below
  4. Not ad nauseam inducing: please make sure it is a question that would be new to most members
  5. An actual topic of discussion

Looking for support?

Looking for a community?

Icon by @Double_A@discuss.tchncs.de

Community stats

  • 11K

    Monthly active users

  • 5.3K

    Posts

  • 296K

    Comments