As we debate the direction of our country, let’s see how far Cuba and Singapore have come over the last five decades. The reason I use these two countries is that they are on opposite sides of the debate. Cuba was once a flourishing country prior to the take over by Castro is a example of how Communism works. On the other side of the continuum is Singapore. A Country that has embraced a purer form of Capitalism.
Read the forbes article below to get the full understanding of what I am talking about.
So why does it matter? As we look towards policies here in the US, let’s head towards a purer form of Capitalism vs. Communism. Today, the US prescribes to a form of Socialism that all Europeans would be proud of. I would like to see our Country take some lesson learned from Singapore (i.e., lower taxes, less regulation). What do you think?
Tom holds a B.S. in Economics from Florida State University and a MBA from Nova Southeastern University. Tom has over 30 years experience in investing and economics. He has strong faith, love of country, and strong desire to help others. This has lead Tom to create and promote MonieStorm.