23 March 2012

ESTONIA / LATVIA / LITHUANIA : Continuing Austerity Sends Young Fleeing.


    The 'Troika"...IMF, ECB and Eurozone...like to boast that the Baltic nations are poster children for successful adaption after severe austerity measures.
    The brutal truth is that the 3 nations are suffering from severe negative demographic trends.
     Younger educated workers are fleeing the Baltics...leaving frightening prospects for future growth...as populations age...and productivity wanes.