I think that’s at least one explanation for how Estonia bounced back from a recession worse than Greece’s on an austerity regime with almost no social unrest. These people clearly remember when times were much worse. Canadian Rattlesnake has the details. UPDATE: In related news, the President of Estonia just ripped Paul Krugman a new one on… Read More To Do Capitalism Right, You Really Need Some Experience With Communism…UPDATED WITH KRUGMAN BASHING