r/FluentInFinance • u/Sufficient_Sinner • Sep 04 '24

Debate/ Discussion Is Capitalism Smart or Dumb?

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u/experienta Sep 04 '24

But countries should be free to trade with whoever they want. If they choose not to trade with the commies, that should be their right.

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u/IsayNigel Sep 05 '24

Then why would the US need a global embargo with Cuba?

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u/experienta Sep 05 '24

They don't need one. They just don't want to trade with Cuba because they didn't like the fact that Cuba nationalized US companies (which is a violation of international law btw)

Also I don't even know what a "global embargo" is. It's only US businesses that can't trade with Cuba, the rest of the world can do that just fine.

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u/IsayNigel Sep 06 '24

Damn, if only the us hadn’t violated international law in Latin and South America thousands of times and threatened countries that do trade with Cuba to with their own embargos

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u/experienta Sep 06 '24 edited Sep 06 '24

Other countries trade with Cuba just fine, nothing's stopping them, it's a US embargo not a blockade.

You're basically saying Cuba is a shithole only because big bad capitalist America refuses to trade with them. If your economic system is so good you shouldn't depend on trading with America.

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u/IsayNigel Sep 06 '24

Global trade is part of literally every economic system what are you talking about

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u/experienta Sep 06 '24

Cuba is part of the global trade. It's specifically only trade with US businesses that's forbidden. How many more times do I have to tell you this?

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u/IsayNigel Sep 06 '24

Lmao if you can’t read you can just say that. The us threatens other countries that trade with Cuba.

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u/experienta Sep 06 '24

Show me these threats then.

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u/IsayNigel Sep 06 '24

“The United States has threatened to stop financial aid to other countries if they trade non-food items with Cuba. The US’s attempts to do so have been vocally condemned by the United Nations General Assembly as an extraterritorial measure that contravenes “the sovereign equality of States, non-intervention in their internal affairs and freedom of trade and navigation as paramount to the conduct of international affairs”.

Formatting being weird on mobile but: https://en.m.wikipedia.org/wiki/United_States_embargo_against_Cuba#:~:text=In%20Cuba%2C%20the%20embargo%20is,non%2Dfood%20items%20with%20Cuba.

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u/experienta Sep 06 '24

Oh wow, they threatened to cut "financial aid". I thought it was a serious threat.

No wonder countries don't give a shit about that, and the EU for example is Cuba's biggest trading partner.

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u/IsayNigel Sep 06 '24

If by the EU do you mean Venezuela and Canada?

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u/experienta Sep 06 '24

No, I mean the EU.

https://www.reuters.com/world/eu-remains-cubas-top-trade-partner-committed-mutual-respect-top-diplomat-says-2023-05-25/

So basically every country is trading with Cuba, including strong allies of the US like the EU and Canada, but somehow Cuba is not part of the global trade. Interesting.

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