Maygar meltdown

Jason, Gary
June 2009
Liberty (08941408);Jun2009, Vol. 23 Issue 5, p10
The author shares his views about the financial crisis in Hungary. He states that Central Europe being hardest hit by this recession is a result of having two generations of economic growth stolen by Soviet-imposed socialism. He declares that the cause of Hungary's financial crisis is its runaway pension system which is an offshoot of forty years of communism that left a legacy of dependence on the state.


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