We have to figure out ourselves the best strategies to put the economy back on track and make sure that we get there. *** Let me start with what we all know about financial crises and the current situation in Slovenia.
A common cause of the vast number of financial crises experienced in various countries at different times is excessive debt accumulation without enough awareness of the consequent risks. Most debt-fuelled booms end badly. Financial crises generally tend to be protracted affairs.Sometimes, inertia and denial on the part of the policy makers add to the duration of the crisis period.