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.

3 Responses to Once a Poster Child for Austerity, Latvia Becomes a Hotbed of Corruption

  1. I have yet to see ONE video with this man that I didn’t LOVE. If only we could extend his conscience to all others.. we might have a planet that’s liveable.

  2. Why does EVERY comment i make go to moderation? Makes me not want to participate anymore… thanks….