An economic disaster is the widespread disruption or collapse of a national or regional economy, possibly causing financial panic, hoarding, famine, hyperinflation, political upheaval or revolution. Some of these occurrences are short-lived, while others last many years. Economic disasters are rarely the product of purely economic forces such as the stock market or monetary policy. Political and natural forces, such as hurricanes or droughts, can also play roles.
I did not meet Iosif Constantin Drăgan but, by his actions, as well as his books that promote the Romanian national pride and the idea that the Dacians, our ancestors, were a hardworking and brave nation, he gained forever my respect.
Today, August 21th, 2008, Iosif Constantin Drăgan died at Palma de Mallorca, Italy. The funeral will take place on August 25th, in his native city, Lugoj, Romania
Rest in peace!
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