Latvia In Crisis

Most people reading may not know about the small Baltic country of Latvia, but those that know me, know that I come from Latvian descent. That being said, Latvia is taking a serious beating during this economic downturn. What was once a booming and thriving economy has recently collapsed, making it the second country (after Iceland) to have a full collapse of the government. If you're interested in reading more, the New York Times wrote an insightful article. You can read it here.