WARNING!!

Once upon a time some twenty-old years ago, western businessman worned us, taht Tax Board and Banks are their biggest enemies. We soon found out that the Tax Board really is an enemy, but it was only recently that we lost our trust in banks....



04.06.2010. Äripäev. ‘IMF: Swedish banks ruined Baltic people’



They do see the truth somewhere…

IMF experts believe that the expansion of western banks to Eastern Europe led to an even greater imbalance than the one before the Asian crisis in 1997, says news agency LETA in the news published by Latvian Delfi. Experts of the International Monetary Fund (IMF) find that Swedish banks that provoked a loan boom in the Baltic States ruined local people and pushed them into poverty.
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