Theories of multiple equilibria

On Sunday, a procession of more than 500 blondes paraded through the
capital Riga wearing pink and white. Many were escorted by lap dogs
wearing the same cheerful hues. Their goal: to use their beauty to
shine a little light into the dark mood caused by the global downturn

Though it was far from being a protest march, some women used the
opportunity to counter stereotypes. "I am beautiful, but I'm not dumb,"
Ilone Zigure told the news agency AFP.  The student added that she hopes that those of her countrymen who are
depressed about the economic crisis will find her "positive energy"
contagious.

Here is the story (with photo gallery).  I thank Ryan Sager's Neuroworld for the pointer.  Here is a good general update on the country.