We are the ones who can prevent the financial crisis in Lithuania
Anglų rašinys. We are the ones who can prevent the financial crisis in Lithuania.
The financial crisis in Lithuania started in 2008. Main reason why crisis started is that bank of Lithuania watched passively aggressive commercial banking activities and any activities not restricting danger and harmful to the country's economic development loan of banks, limiting himself to formal and easily enforceable banks' capital adequacy ratios and other monitoring. So, we have to take a lesson and look to the future.
The first thing to change in the future to avoid crisis is to elect politics who understand modern economic and financial system. They also should be able to control economic and financial processes in the country.