Semyon gives Albania as a cautionary tale, but a cursory look at WP reveals pitifully little. Anyone with more knowledge on the matter, aside of it being simply

Semyon gives Albania as a cautionary tale, but a cursory look at WP reveals pitifully little. Anyone with more knowledge on the matter, aside of it being simply a collapse from an overgrowth of unregulated Ponzi schemes? Is it that simple? Finally, is this a textbook example in economic policy?