Friday, 17 June 2016

already in the mid-1970s, the leading figures around Tito were aware that Yugoslavia’s economic situation was catastrophic; however, since Tito was nearing his death, they made a collective decision to postpone the outbreak of a crisis till his death - the price was the fast accumulation of external debt in the last years of Tito’s life. When, in 1980, Tito finally dies, the economic crisis did strike with revenge, leading to a 40 per cent fall of standard of living, to ethnic tensions and, finally, civil and ethnic war that destroyed the country - the moment to confront the crisis adequately was missed. One can thus say that what put the last nail in the coffin of Yugoslavia was the very attempt by its leading circle to protect the ignorance of the Leader, to keep his gaze happy.

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