Why Cuban cab drivers earn more Why Colombia has taken in 1 million Venezuelans 1 day ago   05:01

In Cuba, cab drivers are the one percent

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Cuba’s economy works as a central planning model, where government ministries dole out resources and set everything from prices to inventories to salaries. The fact that a taxi driver can make so much more than a physician is a reflection of the Cuban government’s heavy focus on tourism. For years, the central planning apparatus has valued tourism as a key mechanism for both bringing in revenue as well as propagating the idea that Cuba is thriving. Many pesos are collected by the high prices on everything related to the tourism industry.

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Comments 7496 Comments

Derek Ruth
Love you videos! Keep up the great work
Aleks Tzonev
There are degenerates in europe and the US that want communism... let that sink in
Dof Mines
There is a country called Eritrea in east Africa and it's exactly the same!
Emma Williamson
In Cuba you can make a restaurant out of your house, or really any kind of business and have nothing to do with the government. As long as it’s attached to a house in some way, it’s all yours and it’s completely legal. So it’s not as bad as this guy makes it seem. There are plenty of amazing restaurants in Cuba.
HD Keemii
wow i didn't know it was that bad , thought Cuba was thriving
711 Hardcandy
Moiz Gaming
This is why Canada economy is the best we have a mixed market and everything seems to go well with some government control and some private ownership. The US in the 20s had private ownership and what is that lead to 1929 crash so I mixed market rules
Akbar Imran
So what’s the cost of living in Cuba?
If they would just let US corporations grow bananas and sugar cane we would stop worrying about how poor they are. Maybe we would even let their kids sew some clothes for $1 a day.
Communism works in country like the Soviet Union because they have the means to feed and supply their population.
Communism will not work on a country like Cuba long term.
M Piper
Kind of like trying to survive off of minimum wage in the United States.... Go figure 🙄
Suha Siddiqui
bruh no way doctors make $40 PER MONTH
Evgen Bykov
Lol. Ukrainian dish washers earn more then doctors.
Mahdi Ahmed
this country will get very poor healthcare soon....
Fidel Castro died
“Illegal popsicles”
Tran Pham Tung Anh
Well at least these people can criticise their government like this and know that their country is failing because of single party leadership. Unlike China and vietnam whose governments have done a great job censoring media and covering up atrocities and corruption. Btw, it's not only because of communism, but dictatorship is the more general cause when talking about why countries fail
Minura Perera
This guy's an astronaut, but now he sells drugs.
Andrew Lang
And see liberals? This is why socialism and communism DOES NOT WORK EVER.
Rigo Acosta
Damn, and i thought i had it rough (i live in Mexico)
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Why Colombia has taken in 1 million Venezuelans Why Cuban cab drivers earn more 1 day ago   08:30

The border of unity.
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Colombia is currently dealing with a massive wave of refugees coming from Venezuela. Venezuelans are fleeing their home because of a severe economic crisis under President Nicolas Maduro. There are high inflation rates and there isn’t enough food available for people within Venezuela to even eat. Thousands of Venezuelans cross the Simon Bolivar bridge located at Cúcuta every day and Colombia doesn’t seem to be turning anyone way.

This borders episode looks at why Colombia doesn’t turn away these refugees, the shared history of the two nations and how there may be a limit to Colombia’s acceptance of incoming Venezuelans.

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