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| "Yugoslavia broke apart when money ran out" The basic issue was that Tito died and then there was no strong man available to hold the country together.
After that it was only a matter of time. | |
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Tito died in 1980. Trouble started in 1990, whole 10 years later.
How did the breakup happened?
First, Beobanka was lending money to businesses like there was no tomorrow. The CEO of Beobanka was.....Slobodan Milosevic. Maybe you've heard of him
.
Beobanka invested heavily in Agrokomerc, which was the greatest financial scam that happened in the last century (something like Enron).
When Slovenians found out that the Agrokomerc scandal would bring down the entire economy, they wanted out. Slovenia was much more developed and was funding the other poorer regions like Bosnia, Kosovo, Macedonia. Belgrade was printing the common currency like crazy so Slovenians couldn't just sit back and watch going down the drain together. Finally, they thought they'll be better of independent and they didn't want to pay anybody elses bills. (sounds familiar?
)
After that you know that Serbia wasn't letting the free will of people expressed on independance referendum in Slovenia to become true. (Again... does this sound familiar?!
History repeats itself