was the debt split after the dissolution of Yugoslavia?
Mimirovitch on
It’s said like the country exploded and the economy crashed because of the loans, that’s revisionism.
The fast over-expansion of the economy and the high corruption caused inflation, but not the known hyper-inflation of the 90s.
After the death of Tito, the inability of the elites to keep the ethnic groups united and, in the same time, the shock therapy imposed by the US against the ex-commie countries, were the final blow to the federation.
Only then the currency lost any value, the internal economy stopped because of the independences then wars, mainly caused by instrumental nationalism.
The debt was there before and after, it is never a cause, just a tool
psychtechvet on
My history professor made me laugh because he said Tito did two things, always smoke, and he was always wearing gloves.
5 Comments
Well ya learn something new everyday
Still a shit vodka imo
was the debt split after the dissolution of Yugoslavia?
It’s said like the country exploded and the economy crashed because of the loans, that’s revisionism.
The fast over-expansion of the economy and the high corruption caused inflation, but not the known hyper-inflation of the 90s.
After the death of Tito, the inability of the elites to keep the ethnic groups united and, in the same time, the shock therapy imposed by the US against the ex-commie countries, were the final blow to the federation.
Only then the currency lost any value, the internal economy stopped because of the independences then wars, mainly caused by instrumental nationalism.
The debt was there before and after, it is never a cause, just a tool
My history professor made me laugh because he said Tito did two things, always smoke, and he was always wearing gloves.