Latvia should not pay back its loans to Sweden says renowned economist Dr. Michael Hudson. I interviewed him after reading his piece;
The Specter of Debt Revolt Is Haunting Europe: Why Iceland and...
Latvia should not pay back its loans to Sweden says renowned economist Dr. Michael Hudson. I interviewed him after reading his piece;
The Specter of Debt Revolt Is Haunting Europe: Why Iceland and...
Why are articles like this hidden? i just found it now, 3.5 months later.
Good interview Mr Keiser
Latvia basically overconsumed, and borrowed too much against (fake) rising home values. They just didn't have the benefit of a few generations of capital built up, like the US did.
At least they are smart enough to slash wasteful govt spending. Good luck to them
mrjames1: Why are articles like this hidden? i just found it
Good interview Mr Keiser
Latvia basically overconsumed, and borrowed too much against (fake) rising home values. They just didn't have the benefit of a few generations of capital built up, like the US did.
At least they are smart enough to slash wasteful govt spending. Good luck to them