Tuesday, October 11, 2011

The Great Albanian Pyramid Scheme IV

Let's review the history somewhat as we set the stage for the pyramid scheme that engulfed Albania in the 1990's.

     As stated previously, Albania was a Communist state until the entire system collapsed along with the governments of other nations of Eastern Europe and the Former Soviet Union.  Albania was somewhat unique, however, among these states in that Albania was not aligned with the Soviet Union or Warsaw Pact nations for most of its existence.  The Albanian dictator, Enver Hoxha, first aligned himself with the Soviet Union in the 1950's but following the death of Joseph Stalin and the subsequent de-Stalinization of the USSR (which involved denouncing Stalin), Hoxha broke with the Soviet Union.

     He then aligned the country with the People's Republic of China in the early 1960's and kept this alignment until mid 1970's.  The PRC provided aid to the country as well as material support.  However, Hoxha's own paranoia led to a break with the Chinese as well.

     From the mid 1970's until the death of Hoxha in 1985, and until the eventual fall of Communism across Eastern Europe in the 1990's, Albania continued this policy of isolation.

     What this meant was that for two generations, Albanians were completely cut off from the outside world.  Visitors to Albania were few and far between (and only allowed in with sanctioned Albanian government visas) and Albanians were not allowed to travel.  Albania had few foreign embassies.

      When Communism fell, therefore, the people were not prepared for the world of free-market capitalism.

We will discuss more tommorrow.

Have a great and fraud-free day.

http://www.tauskvega.com

--------------------->>>>>>>>>>>>>>gene tausk

No comments:

Post a Comment