stackyFACTSWhen Latvia broke free from the USSR in the early 90s, the state owned almost everything.
When Latvia broke free from the USSR in the early 90s, the state owned almost everything. Their solution to kickstart capitalism was handing out privatization vouchers to citizens based on how long they had lived in the country. Suddenly, normal people were trading pieces of paper to buy their own Soviet-era flats or shares in formerly state-run factories. It was a wild, chaotic monopoly game that transferred an entire national economy into private hands almost overnight.
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