Foe or Financier?

  • 2008-10-16
As Estonia currently teeters on the edge of what could be the biggest economic quagmire since the 1930s, one begins to wonder when this might register as a problem to the nation's leaders.There's only so long the government can keep smiling and naïvely pinning the safety of the economy to all those Swedish banks before realizing the full extent of the global economic crisis. In any case, let us hope the government isn't exemplifying the shaky-at-best Swedbank when referring to these Swedish pillars of national economic stability.On the other hand, the Swedes are slightly more aware o...
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