Daily Archives: February 22, 2018

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 NEP’s Bill Black on The Real News. It also led to rampant criminal activity in the banking sector, such as money laundering, taking bribes, and violating sanctions against North Korea. You can view here with a transcript.