Thread: Regarding Russian in the Baltic States

The population of Latvia has decreased significantly, many people have left the country since the fall of the USSR. But the unemployment is very high. How can it be?

Originally Posted by Marcus

The population of Latvia has decreased significantly, many people have left the country since the fall of the USSR. But the unemployment is very high. How can it be?

Do you know why "there was no unemployment in the USSR"? That's very well covered in that old Soviet joke, "How come the Soviet people know no unemployment? Because everyone has something to do - the first one builds something, the second one takes down what the previous one has built, the third one rebuilds what the previous one has taken down, etc."

Originally Posted by Seraph

Austerity. Everywhere that austerity went, recession was sure to go.

General situation in Europe. Austerity pushed onto peripheral states has lead to slowdowns/recessions/depressions. This is a political action to shape the future of Europe.

Hmm... Sure, if you throw off your money, it will help.