Real News.com – Once a Poster Child for Austerity, Latvia Becomes a Hotbed of Corruption

Austerity didn’t produce recovery in Latvia, it produced the semblance of recovery, says white-collar criminologist Bill Black. It also led to rampant criminal activity in the banking sector, such as money laundering, taking bribes, and violating sanctions against North Kore.

 

Be the first to comment

Leave a Reply

Your email address will not be published.


*