Wednesday, August 02, 2006

Capitalism in Cuba

Fidel Castro is ill, and there is no prediction market contract on his expiration.

There has been some hope that his brother Raul may be more market friendly and that capitalism may be coming to Cuba shortly. But why wait? There is one place where we can start building capitalism in Cuba right now—Guantanamo Bay. We could build a free capitalist port city there in the same model as Hong Kong. Some current residents there that would have to be moved, but there is plenty of space in the rest of the world that can be used for prisons.

Update (8/4): TradeSports now has a contract on Fidel resuming power by the end of August. Independent Sources links to some betting sites taking bets on Fidel.


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