Given the potential explosiveness of the Cuban crisis and the possibility that it might lead to U.S. military involvement, it would seem appropriate to take a closer look at the Cuban situation. In particular, we need a better understanding of those forces promoting both political stability and instability. In this report, the distinguished Latin American scholar Enrique Baloyra argues that Castro's current policy of "re-equilibration" is unlikely to succeed and that his options will increasingly boil down to two choices: One, he can deepen the process of government-led reform, or, two, he can continue the current policy, with growing chances of violence and turmoil. Baloyra suggests that since the former might jeopardize his hegemonic position, the latter is the more probable option. The future, in short, is likely to be grim.