Fidel Castro says his economic system is failing

Another possible ‘misquoted’ remark that is surely in the future to be corrected, just like when he said communism didn’t work.

It was a casual remark over a lunch of salad, fish and red wine but future historians are likely to parse and ponder every word: “The Cuban model doesn’t even work for us any more.”

Fidel Castro’s nine-word confession, dropped into conversation with a visiting US journalist and policy analyst, undercuts half a century of thundering revolutionary certitude about Cuban socialism.

That the island’s economy is a disaster is hardly news but that the micro-managing “maximum leader” would so breezily acknowledge it has astonished observers. Continue reading